An overview of the latest Graduate Current Accounts

Provider

Fee

Interest free overdraft limits

Cost of authorised overdrafts

Cost of unauthorised overdrafts

Santander 123 Graduate Account

Link

Nil

£2000 for up to 3 years

N/A

£5 per day (max 10 per month)

Barclays Higher Education Account

Link

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

Link

£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

Link

Nil

£1500 year 1

19.9% EAR

19.9% EAR

£1000 year 2

Lloyds Bank

Link

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

Link

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

Link

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