Barclays new overdraft fees will hit you hard

Is Barclays back to its bad old habits? Revised overdraft fees could see many customers charged up to four times the rate they previously paid. Barclays claims the new rates - for example, £1.50 a day on an authorised overdraft up to £2,000 - are easier to understand.

But the greater claimed clarity could hit your wallet if you're not careful. Time to switch bank accounts? %VIRTUAL-SkimlinksPromo%