“This is a very positive step in the right direction for the campaign against bank charges. The banks have been taking millions of pounds from their customers for years, sending many people into debt to the tune of much higher figures than the amount they went overdrawn by in the first place.

“Today’s announcement means that consumers are edging closer towards being able to claim back their money – people shouldn’t waste any time getting their claim in, as this will put added pressure on the banks to give their customers back what is rightfully theirs and might mean you get your money back faster if the OFT is successful and ultimately wins the test case.”