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switch to a better bank account

Published: 20/07/2010

The Daily Telegraph (Main)

If you usually spend your whole income and often (or always) dip into your overdraft, look for an account where you can minimise interest and charges.
 
Andrew Hagger of Moneynet.co.uk says: “If you are only overdrawn a couple of days per month then Halifax Reward is worth considering. You are charged £1 per day if you go overdrawn by £300, and £2 per day over £2,500, but you receive a payment of £5 each month with this account as long as you pay in at least £1,000.”

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