Fee-free current account becomes available to 60% of customers

A Santander bank account that doesn't charge overdraft fees will be open to more customers in 2011. Customers with overdrawn accounts will not be charged a fee under a Santander current account. Santander's ZERO Current Account will soon become available to almost two thirds of customers, the Spanish banking giant has revealed. The ZERO account is fee-free, which means consumers are not charged for dipping into their overdrafts or using their debit cards abroad. From the beginning of next year the account will be open to customers who have £10,000 or more in a savings account, a mortgage or an investment product with the bank.