All the updated news related to overdraft

All the news related to overdraft updated in real time

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Personal Finance

Nearly £1bn saved by customers since overdraft charges shake-up, regulator finds

People have collectively saved nearly £1 billion due to a shake-up of rules around overdrafts, according to calculations by the City regulator. The rules, introduced by the Financial Conduct Authority (FCA), reduced high fees for unarranged ...

19 Apr 2023 at 09:39

Scotland

Half a million people expecting rise in overdraft use amid higher prices – CAS

More than half a million people living in Scotland are expecting to increase the use of their overdraft in months to come as prices remain high, according to new data. Earlier this week, figures showed that inflation increased to 10.4% in ...

25 Mar 2023 at 00:01

Personal Finance

Millions of overdraft users ‘could benefit from new zero-interest buffer’

Britain’s biggest building society is introducing a new interest-free overdraft buffer for borrowing of up to £50, in time for Christmas. From Wednesday, the buffer will apply to new and existing overdrafts on Nationwide Building ...

11 Nov 2024 at 12:49

Personal Finance

Nationwide to launch £50 interest-free overdraft buffer in November

Nationwide Building Society is introducing a £50 interest-free buffer in November, removing charges for people who dip into their overdraft by only a small amount. The buffer will apply, subject to eligibility, to overdrafts on ...

25 Sept 2024 at 00:01

Personal Finance

Nationwide offering 5% interest on current account as competition heats up

A major current account provider is offering 5% interest on balances up to £1,500 for the first 12 months as the battle to attract customers heats up. Nationwide Building Society previously offered 2% fixed for 12 months on ...

21 Jun 2022 at 01:01

Life

The best bank accounts for new students

With results day fast approaching, some students may be getting ready to open their very first bank account. Although an exciting time, it may also be the first time many young people are having to focus on their finances. ...

11 Jul 2025 at 09:31

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