£1000 overdraft bank change

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hey, I currently have a £1000 overdraft with my current account with Yorkshire bank and am looking to change to another bank. Is it possible to change with such a large overdraft and which would be the best bank to go with. I currently pay £30-£40 for my bank charges.
thanks.

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  • agrinnall
    agrinnall Posts: 23,344 Forumite
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    Pay off the overdraft and live within your means, then you'll be able to switch to whoever you like.
  • eskbanker
    eskbanker Posts: 31,052 Forumite
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    Peter655 wrote: »
    Is it possible to change with such a large overdraft and which would be the best bank to go with.
    There's no way of telling which bank, if any, would offer you a £1,000 overdraft as a new customer - you could apply to one or two but you'd need to be wary of the effect on your credit files of repeated searches, especially in the context of already carrying a debt in this way, so the previous post is a better route to follow....

    And/or read http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs for other ideas including money transfer cards, although these are also subject to eligibility so shouldn't be seen as an automatic right.
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