Current Account not allowing to be overdrawn

ajcbutler

Does anyone know of a bank account that does not allow you to go overdrawn?

When I was under 18 years old, if I had no money in my account, I could not purchase anything, or get any cash out.

I don't know when things changed, but if you do not want to go overdrawn, you should not be able to go over the agreed amount.

We hae gone overdrawn for a couple of days, and we got charged £25 per day and they are trying to charge us a £25 arrangement fee. We haven't even arranged anything with them and we are already on a tight budget as my partner has had to give work to look after my son as childcare. She was working and we only gain £15 per month for her being at work.

rolandpol

Basic bank account dont have overdrafts.
Is the problem DD/SO that are still being paid out by your bank even though you lack the funds?
if so then you'd still receive bank charges if the banks refused to payout DD/SO's.
You're charged whatever happens

RayWolfe

Get a grip yourself. It's you who allow yourselves to go overdrawn, not the bank. And, as rolandpol says, you will still incur charges if the bank has to stop payments that you have made.

Crinz

the only way to stop yourself going overdrawn at all is to use cash and pay for bills by Giro Credit. that way it is impossible to go overdrawn if you are unable to keep a track of things.

Not as convenient as DD's (and sometimes more expensive way to pay bills) but no charges

G47

OP its basic banking, you only spend what you have in your account

Crinz

basic banking will still go overdrawn if you pay by switch and have dd's. it shouldnt though as the people that have those accounts are usually the ones that can least afford the charges