Provider
|
Fee
|
Interest free overdraft limits
|
Cost of authorised overdrafts
|
Cost of unauthorised overdrafts
|
Santander 123 Graduate Account
|
Nil
|
£2000 for up to 3 years
|
N/A
|
£5 per day (max 10 per month)
|
|
Barclays Higher Education Account
|
Nil
|
£1500 year 1
|
£1k-£2k = 50p per dayOver £2 = £1 per day
|
None but unpaid fee is £8 – max one per dayMax agreed overdraft limit of £3000
|
£1000 year 2
|
|
|
BarclaysGraduate Additions
|
£7 per month
|
£3000 year 1
|
Up to £1k = 25p per day£1k-£2k = 50p per dayOver £2k = £1 per day
|
£5 per day (max £5 per month)
|
£2000 year 2
|
£1000 year 3
|
£500 year 4
|
£200 year 5+
|
|
HSBC
|
Nil
|
£1500 year 1
|
19.9% EAR
|
19.9% EAR
|
£1000 year 2
|
|
Lloyds Bank
|
Nil
|
£2000 year 1
|
16.8% EAR
|
£6 monthly fee plus either £5 or £10 unplanned daily fee depending on amount overdrawn
|
£1500 year 2
|
£1000 year 3
|
|
TSB
|
Nil
|
£2000 year 1
|
16.8% EAR
|
£6 monthly fee plus either £5 or £10 unplanned daily fee depending on amount overdrawn
|
£1500 year 2
|
£1000 year 3
|
|
NatWest
|
Nil
|
£2000 year 1
|
17.81% EAR
|
£6 per day max £90 per charging period
|
£1000 year 2
|
Compiled by Moneycomms.co.uk 07.08.2015
|
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