t ClearAccount, we know what it's like to face an unexpected financial problem, one that can send your account overdrawn and incur hefty overdraft charges.
Like you, we'd seen all the negative press about these charges. And we'd seen the government and the regulators make numerous attempts to bring them down. But despite all this, they remained high.
Then, one day in 2011, an idea hit us:
Let's create a credit facility that bolts on to people's current accounts and tops it up every time they're about to go overdrawn, protecting them from unauthorised overdraft fees.
So, we assembled a dynamic team of like-minded people and set about conducting extensive research to work out the best possible solution to help protect people like you � and like us � from these high overdraft fees.
One year later, ClearAccount was born.