Get the right bank account for Christmas

Published on 18 December 2009 by anna jay

</p> <p>Tis the season to be jolly – and to bash the plastic. For many of us it’s the overdraft that soaks up that extra festive spending.

So it’s worth taking a few minutes to make sure you’re clear on exactly what you’d pay to use an overdraft.

Quite a few current account providers offer an interest-free overdraft up to a few hundred quid. And some current accounts are designed for people who regularly use their overdraft.

Abbey’s Preferred Overdraft Rate Account offers 0% interest on authorised overdrafts for the first 12 months and 12.9% thereafter.

Alliance & Leicester’s Premier Direct Current Account provides a full year at 0%, then you pay 50p a day to use an authorised overdraft. The amount the overdraft costs you is capped at £5 a month.

Don’t forget if you think you might exceed your overdraft limit, just give the bank a call to arrange a temporary extension. That’s better than going beyond your agreed limit.ADNFCR-2939-ID-19520484-ADNFCR

We also compare...

Bank Accounts

Best basic bank
accounts for
Free...

Travel Money Card's

Free Travel money card's just
minimum load...

Money Transfers

International money transfer providers

Latest Reviews

One banking prepaid card

Latest Pre Paid Card\'s News

Copyright 2016 :: Compare Money Transfer Limited :: All Rights Reserved