Santander "DAILY ARRANGED OVERDRAFT FEE"

stacywoodhouse

Apparently Abbey are now going to charge £1 a day for all accounts except Zero capped at 15 and 20 days respectively from 16th March 2012...its Halfax all over again.

I know this isnt the way to do it but I increased my natwest overdraft by £400 and will now closed my Abbey after I have been a customer of theres for 24 years.

So annoyed.

gbkev00

Guy Anker's article dated 18th Jan on this site seems to be incorrect. Looking at the Santander website there is nothing to say charges are being increased to £1 per day from 16th March. The numbers of days being charged is increasing but the fee is staying at 50p.

Despite this I am still more than happy at moving my account to Santander from the Halifax who charge £1 per day with no cap on the number of days charged !!

wigglespig

gbkev00 wrote: »

Guy Anker's article dated 18th Jan on this site seems to be incorrect. Looking at the Santander website there is nothing to say charges are being increased to £1 per day from 16th March. The numbers of days being charged is increasing but the fee is staying at 50p.

Despite this I am still more than happy at moving my account to Santander from the Halifax who charge £1 per day with no cap on the number of days charged !!

Santander are increasing there daily overdraft fee to £1 per day capped at 20 days. i'm with them and received the notification today. i have just opened a hsbc account and am going to transfer all direct debits etc over. i live in the overdraft and can't afford this.. i was originally with halifax and moved to santander when they put up there daily fees... Deja vu!!:mad:

gbkev00

Your existing account
Daily Arranged Overdraft Fees
Daily Unarranged Overdraft Fees
Paid Item Fees
(note 3)
Unpaid Item Fees
(note 3)
[FONT=designtimesp=4395]Preferred In Credit Rate Account, Premier Direct, Premier and Current Accounts[/FONT]
[FONT=designtimesp=4399]£0.50 each day (capped at 20 days each monthly statement period)[/FONT]
[FONT=designtimesp=4403]£5 each day (capped at 20 days each monthly statement period)[/FONT]
[FONT=designtimesp=4407]£25 for[/FONT]
[FONT=designtimesp=4410]each paid transaction[/FONT]
[FONT=designtimesp=4414]£25 for[/FONT]
[FONT=designtimesp=4417]each unpaid[/FONT]
[FONT=designtimesp=4420]transaction[/FONT]
[FONT=designtimesp=4429]Preferred Overdraft Rate Account[/FONT]

[FONT=designtimesp=4434]£0.50 each day (capped at 15 days each monthly statement period)[/FONT]
[FONT=designtimesp=4439]Reward, Travel and Family (note 1), Premier 50 and Premier 21Current Accounts[/FONT]
[FONT=designtimesp=4443]£0.50 each day (capped at 10 days each monthly statement period)[/FONT]
[FONT=designtimesp=4447]£5 each day (capped at 10 days each monthly statement period)[/FONT]
[FONT=designtimesp=4451]£5 for[/FONT]
[FONT=designtimesp=4454]each paid[/FONT]
[FONT=designtimesp=4457]transaction[/FONT]
[FONT=designtimesp=4461]£10 for[/FONT]
[FONT=designtimesp=4464]each unpaid[/FONT]
[FONT=designtimesp=4467]transaction[/FONT]
[FONT=designtimesp=4472]Premium Current Account[/FONT]
[FONT=designtimesp=4476]No charge[/FONT]
[FONT=designtimesp=4481]Student, Santander University Account, Post Graduate and Graduate Accounts[/FONT]
[FONT=designtimesp=4486]Basic Account, Instant Plus Account and International Student Account[/FONT]
[FONT=designtimesp=4490]This does not apply. Arranged Overdrafts and Unarranged Overdrafts are not available with these products.[/FONT]
[FONT=designtimesp=4494]£25 for[/FONT]
[FONT=designtimesp=4497]each unpaid[/FONT]
[FONT=designtimesp=4500]transaction[/FONT]
[FONT=designtimesp=4505]Choice Account[/FONT]
[FONT=designtimesp=4508](note 2)[/FONT]
[FONT=designtimesp=4512]£0.50 each day (capped at 10 days each monthly statement period)[/FONT]
[FONT=designtimesp=4516]£5 each day (capped at 10 days each monthly statement period)[/FONT]
[FONT=designtimesp=4520]No charge[/FONT]

Above from Santander website...no mention of £1 per day.

As previously posted still better than the Halifax.

lpaluszk

From 16th of March 2012 it's going to be £1 daily arranged overdraft fee.

I can't post a link but on santander website there is a link to this information on the right hand side.