Digital Banks with the Best Overdrafts

AltFi takes a look at overdrafts in the digital banking market, both arranged and unarranged; their research found that Starling Bank offered the best overdraft product by charging the equivalent of 15 percent; Monzo was the runner up with a 50p charge every day your account is overdraws more than 20 GBP; B from Clydesdale and Yorkshire Banks and N26 rounded out the top four; overdrafts are an important business for banks and offer customers a lifeline when needed, though it can be taken back by the bank at anytime. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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