HSBC Current Account

mintys1

Hi, Have had notification today that HSBC are unwilling to prolong my overdraft from next month after my annual review,has anybody had a similar experience ,i particulary worried as my monthly salary goes straight in to the account and fear i will be left with no money for the month,could not have come at a worst time with xmas round the corner and a £300.00 MOT bill received today!

boredofbeingathome

It seems to have happened a lot recently especially with the Halifax. I would suggest opening another bank account have your wages transferred over there and make Halifax an offer to reduce the overdraft by so much a month.

halight

the same has happend to 2 of my mates one banks with the abby and the other banks with hsbc.

bunty1983

hi exactly the same happened to us in feb we had to ring up as they took whole overdraft away and left us wiht nothing.after calling they reinstated overdraft and allowed us to pay 90.00 a month.just make sure they take it each month though as they missed 2 months which was entirely their fault and they expected it still to be all paid off at time agreed so had to ring them again to sort extending it for another 2 months!theyre fine just ring them asap

savingholmes

If you do change banks (which might be wise) then if you did it via quidco or similar you could get paid to switch! Look into it (cash back) before just switching by yourself...