Less wealthy customers must pay a £10 a month charge. Rupert Jones reportsFirst Direct’s controversial £10-a-month charge on current accounts takes effect this month. Customers who face paying the fee need to take action, if they have not done so already – unless they want to hand over £120 a year to the HSBC-owned bank, that is.First Direct announced in November that it was bringing in a fee of £10 a month. Current account customers will be charged if they do not pay in at least £1,500 a month or maintain an average monthly balance of £1,500. However, the fee will be waived if you buy another First Direct product – a savings account, Isa, mortgage, personal loan, credit card, home or car insurance. Continue reading…
Source : theguardian.com
Read more…First Direct current account fee takes effect
