Although the amounts are relatively small (for me at least!), I've just noticed that when I earn interest on my in-credit bank account, but slip into the red for one or two days a month, I get charged interest, but it is not netted off the amount I earn, with the result, I end up paying more tax than I deem is really necessary. Surely it would be better for customers if Abbey netted off the charged interest against the earned interest. Is Abbey National working for Gordon Brown?
Other than those banks that operate offset against (which are mainly to do with mortgages), are there any banks that offset offset bank accounts