Banking

Barclays will be replacing its daily overdraft fees with a single interest rate of 35% from March – we've full info on whether you'll pay more or less after the changes.

NatWest and RBS have become the latest banks to announce a steep hike in the interest charged on overdrafts, with some customers set to pay 39.49% from late March or early April. But the banks are also scrapping daily and monthly fees currently charged for overdrafts, meaning many will end up paying less overall to use them.

TSB has increased the cash reward it pays customers for referring a friend who switches to its Classic or Classic Plus account to £100 – making it the joint-biggest 'refer a friend' bank-switch incentive out there.

Yorkshire Bank and Clydesdale Bank say they are "investigating" after customers complained they had not received wages this morning.

RBS and NatWest are still including overdrafts when telling customers their 'available balance', despite new rules from the regulator banning this, MoneySavingExpert.com can reveal.

Rules coming into force today mean that a bank can no longer include your overdraft when telling you your 'available balance' or 'available funds'.

App-based banks Monzo and Starling are upping their overdraft rates – following similar changes for a range of banks including HSBC, Nationwide and First Direct.

Over 40% of Nationwide's Help to Buy ISA accounts were opened in the final week before the deadline, as a last-minute rush saw over 300,000 applications at the building society alone – but if you missed out, you can still boost your savings with a Lifetime ISA.

First Direct and M&S Bank customers have been told their arranged overdraft interest rates will be more than doubled to 39.9% from next year, MSE can reveal. This follows parent bank HSBC's announcement on Wednesday of a similar move.

All HSBC customers will see their arranged overdraft interest rates shoot up from next March, following a similar move from Nationwide earlier this year, MSE can reveal.