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What's the best way to clear this...?

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  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    lollyhop wrote: »
    But I'll have to pay £30 a month interest on the overdraft..? Although I suppose its only until Feb..
    But you must be paying a lot of that anyway with a £1200 overdraft. Do start the new account and only transfer in to the old account as much as has been going in to the present. This should not alert them to how much your circumstances have changed, without increasing your fees. Start transferring money in to wipe out the overdraft by paying some spends from the new account out of the money you leave behind. This will tend to reduce your fees.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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