So we now have fee free bank accounts.  It sounds a good idea - no fees, and no capacity for dangerous overdrafts.

But is there a downside?

You have to know they are there - there hasn't been massive publicity.

Some won't want them - public suspicion of the banks hasn't gone away.

And these less used to the security issues around online banking may be vulnerable to the ever-increasing threat of hackers.

But on the whole, a good thing...