How can you go over limit????????

Toe-Jam

You can go overdrawn with a Visa Electron (as you have just found out) on a Santander Bank account. It is nothing to do with the the Electron card not authorising with the bank. It is Santanders "Instant Overdraft" facility/policy/money making scam, whatever you want to call it.

If you use your card and there is not enough money in the account, if its a small amount it will sometimes let it though. In accordance with your terms and conditions, you have requested an instant overdraft facility. So thats £25 please and £5 for the card transaction if its under £5..oh and the amount aswell you spent.

YorkshireBoy

Mark_In_Hampshire wrote: »

e.g. I could upgrade to the reward account and earn £60 per year, but just two minor incidents incurring bank charges in one year would more than undo the benefit.

They'd be more than "minor" incidents though wouldn't they? I mean, £60 is a whole 2 months of authorised overdraft use (at £1 per day) or 12 days of unauthorised overdraft use (at £5 per day).

I'd rather have a transaction declined in public and then simply use my credit card, if it came to it, than have it go through and incur a £35 bank charge.

The account you refer to no longer has £35 bank charges.

Mark_In_Hampshire

I think I need to have a look at what the charges are now - I haven't actually paid any bank charges for about 7 years, since I got the electron card and stopped allowing people to debit the account directly it has never once gone overdrawn either through my fault or a payee's fault and I run the account tightly putting all spare cash into a savings account, even for short periods, not leaving it sloshing around in the current account just in case someone decides to dip in and take money out of it without informing me.

Toe-Jam

Mark_In_Hampshire wrote: »

I think I need to have a look at what the charges are now - I haven't actually paid any bank charges for about 7 years, since I got the electron card and stopped allowing people to debit the account directly it has never once gone overdrawn either through my fault or a payee's fault and I run the account tightly putting all spare cash into a savings account, even for short periods, not leaving it sloshing around in the current account just in case someone decides to dip in and take money out of it without informing me.

I bloody hate those recurring visa transactions they should be banned:mad: They give no rights at all to the person paying.

LongTermLurker

Toe-Jam wrote: »

I bloody hate those recurring visa transactions they should be banned:mad: They give no rights at all to the person paying.

You have the right not to take the service, surely?;) I don't like them either, and I always think twice whether I want *this* service when I read the Ts & Cs state they will save me the hassle of renewing next year... Sometimes I choose to go with it and make sure I cancel in time, other times I don't feel willing or able to trust the company, so I buy elsewhere. Simples :cool:

Originally Posted by YorkshireBoy

Hi YB :wave:

Danstar_2

shaneythorses wrote: »

Can any one give advice? My son has had a bank account with Abbey for years. He turned 18 two months ago and had money in his bank for his birthday. He used his card to pay fro items and has monaged to go overdrawn. How can someone go overdrawn using the card. Surely if you do not have enough funds you should not be able to use it. He now has been charged as he is £1 overdrawn. He does not have an income and no way of paying this. Is there any account that will not let people passed their limit. he should not be starting his life with a bad credit rating and this is what he is going to have. Am i the only parent worried about this?? Can anything be done about it??

If your son has an iPhone get the iXpenseIt app.

You can keep track of all spending on your card by starting with a positive amount (what he has in the bank) and then everytime he uses his card put an expense on it.

That way he can also see if he's !!!!ing his money away on restaurants, clothes, nights out, drinks, girlfriend...etc.

Some people are being harsh, he's 18.

He has probably spent all the time up until now using his card and not come across this and no one told him.

When I was on holiday I used my card loads didn't know anything about the overseas charges etc. because no one had told me. Got home was about £12 overdrawn...not a big deal my dad spoke to someone at Natwest and they, as goodwill, changed the amount to £1 as a token.