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News reports today regarding increase in Santanders Fees.
I'm having trouble working it out (okay my Maths isn't fabulous) Where am I going wrong?
Note 1: If you are in an Arranged Overdraft of £12 or less you won’t
incur any Arranged Overdraft Usage Fees (Unpaid Transaction
Fees may still apply).
If you are in an Unarranged Overdraft of £12 or less you won’t
incur any Unarranged Overdraft Usage Fees or Paid Transaction Fees
(Unpaid Transaction Fees may still apply).
Note 2: A total monthly overdraft fee cap of £95 applies for each monthly
statement period.
Note 3: If you are in an Arranged Overdraft of £12 or less you won’t incur any Arranged Overdraft Usage Fees (Unpaid Transaction Fees may still apply).
If you are in an Unarranged Overdraft of £12 or less you won’t incur any Unarranged Overdraft Usage Fees or Paid Transaction Fees (Unpaid Transaction Fees
may still apply).
Note 4: A total monthly overdraft fee cap of £150 applies for each monthly statement period.
This is the press story
I'm having trouble working it out (okay my Maths isn't fabulous) Where am I going wrong?
Note 1: If you are in an Arranged Overdraft of £12 or less you won’t
incur any Arranged Overdraft Usage Fees (Unpaid Transaction
Fees may still apply).
If you are in an Unarranged Overdraft of £12 or less you won’t
incur any Unarranged Overdraft Usage Fees or Paid Transaction Fees
(Unpaid Transaction Fees may still apply).
Note 2: A total monthly overdraft fee cap of £95 applies for each monthly
statement period.
Note 3: If you are in an Arranged Overdraft of £12 or less you won’t incur any Arranged Overdraft Usage Fees (Unpaid Transaction Fees may still apply).
If you are in an Unarranged Overdraft of £12 or less you won’t incur any Unarranged Overdraft Usage Fees or Paid Transaction Fees (Unpaid Transaction Fees
may still apply).
Note 4: A total monthly overdraft fee cap of £150 applies for each monthly statement period.
This is the press story
Millions of Santander customers will pay more to use their overdrafts when it ups its fees in August.
Customers with the 123, Everyday, Premier and Premier Direct current accounts will see the unauthorised overdraft usage fee increase from £5 to £6 per day.
The bank is also removing its authorised overdraft fee cap of £20 a month on these accounts and the current £100 a month cap on unauthorised usage fees on the Everyday, Premier and Premier Direct accounts.
Those who are in their overdrafts for fewer than 20 days a month will see no change at all, while those who are in their overdrafts for longer could face paying up to £31 a month.
The overall monthly fee cap for 123 customers will remain at £95 and £150 for the other account holders.
In better news, paid and unpaid transaction fees are being cut to nothing on the paid-for 123 account and to £10 from £25 on the Everyday, Premier and Premier Direct accounts.
The changes will come into force from August 19 and the bank is writing to customers to explain the changes.
Customers with the 123, Everyday, Premier and Premier Direct current accounts will see the unauthorised overdraft usage fee increase from £5 to £6 per day.
The bank is also removing its authorised overdraft fee cap of £20 a month on these accounts and the current £100 a month cap on unauthorised usage fees on the Everyday, Premier and Premier Direct accounts.
Those who are in their overdrafts for fewer than 20 days a month will see no change at all, while those who are in their overdrafts for longer could face paying up to £31 a month.
The overall monthly fee cap for 123 customers will remain at £95 and £150 for the other account holders.
In better news, paid and unpaid transaction fees are being cut to nothing on the paid-for 123 account and to £10 from £25 on the Everyday, Premier and Premier Direct accounts.
The changes will come into force from August 19 and the bank is writing to customers to explain the changes.
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