What are the common banking fees in the UK?

What are the common banking fees in the UK?

In the UK, common banking fees include monthly account fees, overdraft fees, ATM withdrawal fees, and foreign transaction fees.

Are there any banks that offer fee-free accounts?

Yes, several banks in the UK offer fee-free accounts, such as Monzo, Starling Bank, and some accounts from traditional banks.

How can I avoid paying banking fees?

To avoid banking fees, consider using fee-free accounts, maintaining a minimum balance, and opting for direct debits.

What should I do if I get charged a fee by mistake?

If you believe you've been charged a fee by mistake, contact your bank's customer service to dispute the charge and request a refund.

Can I negotiate my banking fees?

Yes, you can negotiate banking fees by discussing your account with a bank representative, especially if you have a good banking history.