As a customer of Barclays I can only comment on what I know although it may be the case that other banks have already put measures in place to placate the masses regarding bank charges.
Barclays have introduced a ‘reserve amount’ in addition to the pre-agreed overdraft limit to act as a buffer. Mine’s £250 in addition […]

It’s all over the news and I heard Martin Lewis (MoneySavingExpert.com) getting quite emotional on the radio today about unlawful bank charges.
Of course we’d all love to have totally fee free banking and yes it’s true banks don’t only make money by charging fees. Here’s an informative thread on the consumeractiongroup.co.uk forum http://www.consumeractiongroup.co.uk/forum/campaign/47583-how-banks-make-their.html.
The recent events […]

In changing times when the interest rate is rising and is said to continue doing so, it pays to know where you stand.
Keeping an eye on the Bank of England base rate can give you some idea of trends and so can keeping updated on inflation and inflation reports.
So where can you go to keep updated?
The answer […]

I originally intended to send to my bank a copy of the letter on my previous post, the letter for reclaiming bank charges.
I reviewed my recent statements, totaled up the charges I felt were unlawful based on information I found at thisismoney. I also noted the dates on which these charges occurred.
I then realised I […]

So here it is. The letter that could help get your bank charges repaid to you.
There’s been a lot of hype about this recently and I’m actually about to give it a try for myself.
Replace required sections with your own details:
 
Dear Sir/Madam,
Ref: account number: (your account number)
I understand that the charges applied to my account […]