By changing your Black account to a Reward Black account you'll keep all of the benefits you currently get, plus you'll start earning 3% back in Rewards on your household bills paid by Direct Debit. It's only an additional £2, that's a new monthly fee of £28.
If you have an arranged overdraft on your account, your agreed limit will stay the same. However there are a couple of changes you should be aware of:
- A monthly £6 Arranged Overdraft Usage Fee will be charged if you go over £250
- Your annual arranged overdraft interest rate will increase to 18.28%
Once we have changed over your account, your details (your PIN, card, regular payments) will remain the same.
We’re sure you'll be happy with your new Reward Black account. If not, you have the option to change or close it, although you won't be able to change back to a Black account, as it’s no longer on offer.