UK Overdraft Charges Explained: 40% APR Is Standard
Your high-street overdraft is more expensive than your credit card. A 2020 reform meant to make it cheaper made it worse for nearly everyone. The reason is in the fine print.
#UKOverdraftCharges #ArrangedOverdraft #OverdraftFees #UKPersonalFinance
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UK Overdraft Charges Explained: 40% APR Is Standard
UK overdraft charges explained: post-2020 reform put arranged overdrafts at 40% APR, worse than most credit cards. How to clear yours and switch banks.
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