How do I choose the right bank account?
Choosing the right bank account is very important Most people need an account with a bank or building society. It’s important to have the right information about opening and running an account to help you manage your money properly and deal with any problems which crop up.
When looking at bank accounts, consider the following:
- Do you have to pay a monthly subscription fee?
- The amount of interest-free overdraft you can have.
- The charges and interest on authorized and unauthorized overdrafts and loans.
The following links can help you:
- Money Advice Service/en
- moneyfacts.co.uk/ (This is a commercial financial product comparison website.)