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Banks that fine you for not having £1,500 in your current account
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5corpio started a blog post Banks that fine you for not having £1,500 in your current accountBanks that fine you for not having £1,500 in your current account
Cash-strapped bank customers face eye-watering fines and even having their current account closed if they fail to pay in a set amount each month. Even students who live on limited incomes and may get loans once a year are being penalised if they don’t pay in hundreds of pounds to their current account every few months. The number of accounts that levy a fine even if a customer never goes overdrawn, but fails to pay in a set amount, has doubled in just two years. Fourteen current accounts impose these charges for anyone who, in some cases, hasn’t put in as little as £500, but in other cases hasn’t deposited as much as £1,800 into their account....Read more hereTags: None
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