Motley Fool: The Nasty Side Of Current Accounts

If you’re one of the 85% of British adults with a current account, you’re probably reasonably happy. After all, unlike many of our European counterparts you don’t have to pay for your debit card or chequebook, and as long as you stay in credit you can get some pretty amazing rates of interest.

However, that’s only the case for those that obey the rules or know the system. Break one and you can find yourself falling foul of some expensive punishments – bad for the account holder, but wonderful for your bank’s shareholders! Here are just a few to watch out for:…

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