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Should customers be able to reclaim bank overdraft fees?

November 25th, 2009

Banks have won what has been described as a “stunning victory” in a dispute
over overdraft fees.

Please consider:
Bank customers face authorised overdraft rate of 365pcHalifax and Bank of Scotland customers who use an agreed overdraft are to be charged an interest rate of the equivalent to 365 per cent. ...
Overdraft charges and your claimsWhat does the banks’ victory regarding overdraft charges mean for customers? ...
Q&A: Bank overdraft chargesWhat are the implications of the Office of Fair Trading’s decision not to take any more legal action over bank overdraft charges? ...
Kensington Mortgages fined £2.3m by the FSAStruggling home owners won a victory, after the Kensington Mortgage Company agreed to pay £2.291m for unfair treatment of customers in arrears. ...
Overdraft rates highest in a decadeAverage authorised overdraft rates are at a 10-year high. ...

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