More than half of us don’t know the interest rate of our credit card, deposit or savings accounts.
40% have no idea of the fees and charges they pay on their accounts.
Figures from the Banking and Payments Federation also show that only 23% of current account holders and 18% of credit card customers have looked into what other products are available on the market.
BPFI CEO Brian Hayes says the information is there, and people should check:
