Girobank Visa charge
GIROBANK customers will have to pay a pounds 12 annual fee on their Visa cards from 1 October in line with the trend set by other banks over the past few years.
Customers will be charged on the first purchase they make after the date set.
Those who wish to use the card only to guarantee cheques will not be charged, as long as they clear all outstanding balances by March next year.
Girobank describes the introduction of charges as 'an attempt to improve profitability'.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies