best bank account with biggest overdraft on application???

fashionfeverish

Hello everyone, can anyone recommend the best bank account with the biggest overdraft on your first application? I have an account with Cahoot with an overdraft of 1000 which I always use and I am getting charged £30 each time I go over, which is almost every month. I really want to move my account but need a bank who can match my overdraft right from the start of the account being opened...anyone any ideas?

mrmajika

The fact that you go over your existing £1k overdraft may affect your ability to get a larger overdraft with another provider.

I found FD very good and offered me a large overdraft, but they are harsh credit scorers.

LTSB, on the other hand, didn't offer me an overdraft at all until they could see how I ran my account for around 3 months.

I would suggest that, no matter which bank you choose, they all will charge for going over an agreed overdraft.

Maybe there's another solution to your problem other than moving accounts?

Cash_Flow

mrmajika wrote: »

The fact that you go over your existing £1k overdraft may affect your ability to get a larger overdraft with another provider.

I found FD very good and offered me a large overdraft, but they are harsh credit scorers.

LTSB, on the other hand, didn't offer me an overdraft at all until they could see how I ran my account for around 3 months.

I would suggest that, no matter which bank you choose, they all will charge for going over an agreed overdraft.

Maybe there's another solution to your problem other than moving accounts?

Similar to my story with the Halifax, No overdraft offered upon account opening but 3 months down the line I have a £1500 facility with them.

OP why are you going over your O/D?