Main content

Lloyds overdraft fees

All existing Lloyds overdraft charges will be scrapped and replaced with a single fee of 1p per day for every 拢7 of overdraft used. From November, the changes will affect twenty million accounts with Lloyds Bank, Halifax and Bank of Scotland. Paul Lewis speaks to Steve Smith, Director of Lloyds Banking Group and Gareth Shaw editor of Which? Money.

Release date:

Duration:

7 minutes