My Peep At Life…

September 10, 2007

LLoyds TSB to cut bank charges

Filed under: Finance — peepingtom @ 2:54 PM
LLoyds TSB Logo

LLoyds TSB has become the first UK bank to cut their charges for unauthorised overdrafts in the ever-growing revolt regarding bank charges. The bank is facing a test case regarding bank charges next year, but has already revised their fee structure due to be implemented in November.

LLoyds TSB claim the drop in fees is due to customer feedback, and nothing to do with pre-empting the court case next year. However, there moves are very sensible, and will be welcomed as a step in the right direction. They are cutting interest rates for unauthorised overdrafts to

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