Advice on Over draft charges

KC06

I am contemplating writing to my bank and asking them to refund all of the charges they made when i went over my over draft limit...which i think, would work out to be a lot! The thing is, i know that there is a small risk of my bank closing my account - which would be a pain in the backside...But are there some banks that are more willing to refund your money then others? Are there some high street banks who play hard ball - harder then others? I'm a bit of a scaredy cat, and would love some advice! Thank you

x_raphael_xx

KC06 wrote:

I am contemplating writing to my bank and asking them to refund all of the charges they made when i went over my over draft limit...which i think, would work out to be a lot! The thing is, i know that there is a small risk of my bank closing my account - which would be a pain in the backside...But are there some banks that are more willing to refund your money then others? Are there some high street banks who play hard ball - harder then others? I'm a bit of a scaredy cat, and would love some advice! Thank you

Im thinking about it too, but as I am in my overdraft I dont want to risk them closing my account.
Is there anyone who's bank has asked them to leave?

EvilEdna_2

The Alliance and Leicester close your account if you reclaim your charges. I just got over £900 back in charges and they want to "discuss my position". Ah ha ha ha. Head on over to the website https://www.consumeractiongroup.com because they help you every step of the way!

I opened a parachute account before I started this, so they have no way to get back at me! It's definitely worth doing, my mum is currently claiming back over £4000 in charges from the Bank of Scotland.

Gordon_the_Moron

I claimed back from A&L but added to the Consumer Action Group that I would report them to Banking Code Standards Board if they closed my account. They refunded and didn't close my account or ask to "discuss my position" (as they have done with others)

They can close your account legally for this but if they do they are breaking the banking code.

Glitterari

You're best off opening a parachute account just in case anyway - I didn't need mine in the end.

natwest do one that's fairly easy to get even if you have a poor credit rating.

C x

Glad

Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere(please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]!!!!!![/EMAIL].

Glad

there is a discussion thread here

yummymummy_2

I want to do this too as years ago when we were hard up I was always going a few pounds over and incurred charges.

angelsam1984

x_raphael_xx wrote:

Im thinking about it too, but as I am in my overdraft I dont want to risk them closing my account.
Is there anyone who's bank has asked them to leave?

I am going through the process now and although I have been making payments to the account i am 600 pounds over my overdraft limit and have had written notification that I cannot use any of their banking facilities................

I WILL get all my charges back for the past 6 years I WILL do whatever it takes!


Sam

Gordon_the_Moron

yummymummy wrote:

I want to do this too as years ago when we were hard up I was always going a few pounds over and incurred charges.

If its over 6 you can't, otherwise go for it:beer: