Overdrafts: A guide to your changing bank fees

Arranged overdrafts are most often used by 18 to 24-year-olds, according to the Financial Conduct Authority. With 44% having dipped into theirs during the past 12 months.

But on 6 April, overdrafts are changing. Radio 1 Newsbeat reporter, Rick Kelsey, has been finding out how and why these changes could leave you paying almost double.

Follow Newsbeat on Instagram, Facebook, Twitter and YouTube.

Listen to Newsbeat live at 12:45 and 17:45 weekdays – or listen back here.


By Laura Price

Laura is the senior writer and Smartphones section editor responsible for managing software updates and smartphones section. She is very passionate about Gadgets & Technology and always looking around to use them in an innovative way in daily life. She reviews Gadgets & Applications to tell users about their optimum use to get the most out of in which they’ve put their time and hard earned money.
Email:[email protected]