Metro Bank will waive overdraft interest on a temporary basis

https://thefintechtimes.com/metro-bank-will-waive-overdraft-interest-on-a-temporary-basis/?utm_source=rss&utm_medium=rss&utm_campaign=metro-bank-will-waive-overdraft-interest-on-a-temporary-basis
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  • From 1 March to 30 June 2020, personal current account customers will not be charged any interest for using their overdraft.

  • This will happen automatically and customers do not need to contact us.

Kat Robinson, Director of Bank Accounts at Metro Bank, comments: “We’re mindful of the uncertainty caused by coronavirus and are committed to supporting our customers whose personal finances may be impacted at such a challenging time. We will therefore waive all overdraft interest due from the beginning of March until the end of June for personal current account customers. We hope that this will provide some flexibility for our customers as we all adjust to the unprecedented circumstances we find ourselves in.”

https://thefintechtimes.com/metro-bank-will-waive-overdraft-interest-on-a-temporary-basis/?utm_source=rss&utm_medium=rss&utm_campaign=metro-bank-will-waive-overdraft-interest-on-a-temporary-basis