Overdraft charges, insurance, contactless cards, mortgages for over-60s

Available for over a year

OVERDRAFT CHARGES RISE NatWest and RBS are putting up charges for people who have arranged to have an overdraft and then make use of it. The new £6 a month charge will apply to million customers with the Select account who go more than £10 overdrawn in a month. In the past there was no charge until they exceeded £100. Interest at 19.89% will also be charged. CAR TRIALS You want to sell your car. You advertise it. A potential buyer comes round. He wants a test drive. You take him out in the car. He asks if he can drive. You get out to swap seats. He gets into the driving seat and before you get back in the passenger side zooms off into the distance. You never see your car again. You call your insurer. But a handy get-out clause may stop your claim better than a stinger would halt a car. We ask the insurer to take another look and ask what your rights are. MORTGAGE WRINKLES After our story last week on interest only mortgages, we find the lenders who will extend mortgages to people over pension age. MORE CONTACTLESS Banks are rolling out contactless credit and debit cards. In fact all our plastic payment methods will have this technology enabled soon. And of course stories are proliferating on the internet about how thieves are using devices to brush past us and steal our data. Can it happen? And if you are concerned can you get a non-contactless alternative?