💰 Hidden Bank Fee Calculator
💰 Hidden Bank Fee Calculator
Calculate the TRUE cost of your bank account — overdraft fees, ATM charges, FX markups, and hidden costs that banks hope you won't notice
Enter your monthly banking costs:
Common Hidden Fees
• Arranged overdraft APR: 39–49% (disguised as daily fee)
• Unarranged overdraft: up to £80/month cap (FCA 2020)
• FX markup: 2.75–3% on top of exchange rate
• ATM abroad: £1.50–£5 per withdrawal
• CHAPS payment: £25–£35
• Banker's draft: £15–£30
• Statement copies: £5–£10 each
FCA Overdraft Rules (2020)
• Banks must show APR clearly
• No more daily/monthly overdraft fees
• Single interest rate for arranged/unarranged
• £80/month cap on unarranged overdraft charges
• Must show cost in £ per £100 borrowed
How to Fight Back
1. Switch to a fee-free account
2. Use comparison sites for best rates
3. Challenge any fee you weren't told about
4. Request refund of unfair charges
5. Complain to FOS if bank refuses
• Arranged overdraft APR: 39–49% (disguised as daily fee)
• Unarranged overdraft: up to £80/month cap (FCA 2020)
• FX markup: 2.75–3% on top of exchange rate
• ATM abroad: £1.50–£5 per withdrawal
• CHAPS payment: £25–£35
• Banker's draft: £15–£30
• Statement copies: £5–£10 each
FCA Overdraft Rules (2020)
• Banks must show APR clearly
• No more daily/monthly overdraft fees
• Single interest rate for arranged/unarranged
• £80/month cap on unarranged overdraft charges
• Must show cost in £ per £100 borrowed
How to Fight Back
1. Switch to a fee-free account
2. Use comparison sites for best rates
3. Challenge any fee you weren't told about
4. Request refund of unfair charges
5. Complain to FOS if bank refuses