Nationwide current account overdrawn.

Markus_B

HI, i'm new here, and i'm sure this has been covered many times before, but i've read through the banking pages and am still a bit confused.

On 20th November i went overdrawn in my Nationwide current account by £1.29. I knew this would happen because i checked my online account earlier last week, so i deposited some cash to try stop it, but the, deposit was taken out at open of business and the deposit was made around lunchtime, so I was overdrawn for no more than 4 hours.

Nationwide will charge me £20 for this, plus 5p for some other fees. I have only ever been overdrawn once in my life before and that again was for a short period of time, about 24 hours. and i had the same fees.

So if I print out the letters that are reccommended would have any chance (or even be entitled) to get my charges back?

I also had a query about my credit card, I tranferred the complete balance during the first week of November, which brought the balane to £0, but thi month my bill £5.40. Is this interest that was taen for the first few days of the month? and will i get a bill next month if i don't pay it pronto?


Thanks for any help!:beer:

simax

As long as the credit goes in the same day as the debit, then you won't be charged.

BruceyBonus

My parents did the same with NW at a cash machine - about £2 o/d on Saturday pm. They credited the account the next working day (Monday) with cash in branch and no charge was added. The customer service guy said as the o/d amount was small and as long as the funds are there by the end of the day, there shouldn't be a charge.

Voyager2002

Do ask them for an O/D facility (you can apply on-line). They should agree a modest amount, a hundred pounds. That way, if you dip into the red you will only fact the interest (pennies) and not the charges.

Markus_B

Thanks, everyone for the replies! Hopefully i wont get that letter in the post in a few days:j

poppy_f1

Markus_B wrote: »

HI, i'm new here, and i'm sure this has been covered many times before, but i've read through the banking pages and am still a bit confused.

On 20th November i went overdrawn in my Nationwide current account by £1.29. I knew this would happen because i checked my online account earlier last week, so i deposited some cash to try stop it, but the, deposit was taken out at open of business and the deposit was made around lunchtime, so I was overdrawn for no more than 4 hours.

Nationwide will charge me £20 for this, plus 5p for some other fees. I have only ever been overdrawn once in my life before and that again was for a short period of time, about 24 hours. and i had the same fees.

So if I print out the letters that are reccommended would have any chance (or even be entitled) to get my charges back?

I also had a query about my credit card, I tranferred the complete balance during the first week of November, which brought the balane to £0, but thi month my bill £5.40. Is this interest that was taen for the first few days of the month? and will i get a bill next month if i don't pay it pronto?


Thanks for any help!:beer:

if you dont pay the 5.40 you risk being charged a late payment fee and yeah its prob interest