Overdraft Rates Increasing
Posted in General Banking News on May 14th, 2008Research has shown that, despite recent reductions in the Bank of England interest rate, banks are increasing the rates customers pay on overdrafts.
Archive for May, 2008
RBS Hits Small Businesses With Charges
Posted in Bank Charges, Business Banking on May 5th, 2008The Royal Bank of Scotland has written letters to thousands of small businesses informing them that their previously free bank accounts will now be charged at a flat rate of £10 a month.
Icesave Launches 7% Bond
Posted in Savings on May 2nd, 2008Icelandic bank Icesave has launched a new fixed rate savings account paying what is surely a market-leading 7.01% on deposits.