#Ex-pat #Brits :: #Barclays Ups OD Charges
Another blow to ex-pat Brits banking at home. #Barclays Bank, UK. OMG. Overdraft charges now 75p-£3/day overdraft charge instead of 19.3% AER. Get this. On a constant £2,001 overdraft cost, now£1,095/yr, not £386 before June 16, 2014. That is the date the new overdraft interest rate regime was introduced. This follows a trend in Britain's High Street banks. Beware. This is a colossal change in overdraft account charges compared to previously. More from Money Saving Expert to know if you will be better off. Some of you Brits, ex-pat or otherwise may be winners.