First Direct Bank Charges Problem

warrenpeace

Hi Guys,

I have a bank account with First Direct that I don't actually use anymore but which has an overdraft that I owe some money to. I was thinking about paying off the overdraft and closing the account as the robbing gits charge £10 a month to keep the bank account unless you pay in about 1000 a month or something. I can't afford to pay in 1000a month so have been paying 10 pound. I can probably afford to pay off the overdraft and close it. My problem is though that in the past I have been charged around £50 a few times for exceeding the overdraft by accident. Even if I went over by a pound or so they charged me. So my question is if I close this bank account will it still be possible to claim these charges back if and when it's finally possible to make a claim? Or should I just keep the account open and pay the £10 a month and wait until I can claim back the charges?

Thanks for any help.

Chris

moneymakestheworldgoround

As far as I know, you can claim on closed accounts.

First Direct were one of the easiest to claim bank charges back from in my experience, but this was about 2 years ago - all changed now !

Someone will give you the exact answer soon !

natweststaffmember

nothing stops you reclaiming charges back.
Check though whether that £10 is for an account with extras, ie travel insurance,

willo65

natweststaffmember wrote: »

nothing stops you reclaiming charges back.
Check though whether that £10 is for an account with extras, ie travel insurance,

Sounds like the £10 is the standard fee for a bank account with them if you either don't hold another product with them or don't pay in x amount per month.

natweststaffmember

willo65 wrote: »

Sounds like the £10 is the standard fee for a bank account with them if you either don't hold another product with them or don't pay in x amount per month.

I do see what you are saying but unless the OP reveals all we will left in the dark unable to escape

warrenpeace

Hi,

Thanks for all your replies. The £10 is just a standard charge for using the bank account, no extras included. For some reason First Direct decided a while back that they were such an amazing bank that they would charge £10 to anyone using one of their account and not paying in a certain amount each month (like £1000 or something).

Chris

willo65

warrenpeace wrote: »

Hi,

Thanks for all your replies. The £10 is just a standard charge for using the bank account, no extras included. For some reason First Direct decided a while back that they were such an amazing bank that they would charge £10 to anyone using one of their account and not paying in a certain amount each month (like £1000 or something).

Chris

I have been with FD for around 5 years now and since I have been with them you had to have turnover of £1k per month through the account, a minimum balance of £1k or another product with them otherwise you are charged £10pcm for account.