Internet and phone bank First Direct has announced that it is to end free banking for customers that don’t keep a current account balance of £1500, or pay in £1,500 a month. Those that don’t comply, will be charges £10 a month to keep their account opened
The is apparently to cull customers that are not making active use of their current accounts
More details on BBC News website. See our First Direct page for advice to First Direct customers.
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