Martin Lewis issues warning - fees hiked for HSBC, First Direct & M&S Bank overdraft users

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Martin Lewis issues warning - fees hiked for HSBC, First Direct & M&S Bank overdraft users
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Martin Lewis issues warning as overdraft charges are hiked for HSBC, First Direct & M&S Bank overdraft users

The Money Saving Expert founder today explained: “To see how the change works let’s take First Direct: it’s currently 15.9 percent EAR on arranged overdrafts of over £250, and a £5 daily charge if you slip into their unarranged overdraft.

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