I just wanted mention some of the work we’ve been doing around overdrafts recently here at Starling. As you know, we believe that money is emotional and that your bank should be doing more to give you peace of mind and help you live a healthy financial life.
For too long overdrafts have been a (deliberately) confusing offering, with a sea of fees that’s often difficult to navigate. There’s been a lack of clarity and transparency, and we want to change that.
That’s why last week we launched our overdrafts calculator, so you can see how our overdrafts compare with other UK banks, and today we’ve put out a post on our blog which debunks the jargon and acronyms of overdrafts. We hope that helps, and as always, if you want to discuss this with a real person we’re just a tap away with in-app chat.