16% 'could not afford account fee'

Updated
Cheque book
Cheque book

Around one in six Britons say they could not afford to have a current account if "free" banking were ended, a study has found.


Some 16% of people surveyed said they would be unable to pay a regular fee to hold a bank account while more than eight in 10 (81%) said they would not be prepared to pay even a small flat monthly or annual amount, comparison website uSwitch.com found.
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