£30 charge plus high interest for £8 unauthorised overdraft

HokeyCokey_3

Hi,

I unfortunately I wrote a cheque that took me £8 overdrawn (unauthorised). That was banked Friday and I transfered money from our joint account on Monday. I received a letter yesterday telling me that we would be charged £30 plus a high interest. Fair enough about the interest, but I'm peed off with the £30 charge. I'm going to call them to see if they will overide this because it's a ridiculous penalty.

However I'm now more concerned that this blip, is going to be recorded on our credit report. Does anyone know?

Thanks

cwignall

i dont think it does if its paid within the month.

i had the same today - direct debt for £3.99 took me over and i got charged £40!!!! im definatly going to complain!!!

SunderlandBlackCat

Amateur - I got £90 in charges for a 27p unauthorised overdraft once

My overdraft didn't appear on my credit report.

HokeyCokey_3

SunderlandBlackCat wrote:

Amateur - I got £90 in charges for a 27p unauthorised overdraft once

My overdraft didn't appear on my credit report.

Lol.

OMG that's obscene! I hope you got it back...

timberflake

On the flip side of the coin, I went £1.30 over my OD limit on 21st Oct, got paid on 25th and kept £28 spare for the obligatory charge. Alomst 2 months later, no letter and no charge! I'm with Intelligent Finance incase you were wondering!

lavandergirl_2

Some backs have £5 buffer just in case you get slightly overdrawn


I got overdran by 74p in my Natwest account and they charged me £28.

SunderlandBlackCat

HokeyCokey wrote:

Lol.

OMG that's obscene! I hope you got it back...

Went overdrawn 3 days before payday & got hit with £30 per day.

Got a court date in March for my claim.

timberflake

SunderlandBlackCat wrote:

Went overdrawn 3 days before payday & got hit with £30 per day.

Got a court date in March for my claim.

Thats crazy! How can they justify that!!

sgx.saint

Thats crazy! How can they justify that!!

They can't. Probably why no bank has yet to defend it's charges in a court of law.

Although, I do believe a bank has a right to charge customers for things that cost it money, but only proportionate charges i.e. what it costs the bank in relational terms.

Halifax in my opinion are the worst for charges. £15 per phone call even if they do not make contact with you .... list goes on.

cwignall

lavandergirl wrote:

Some backs have £5 buffer just in case you get slightly overdrawn


I got overdran by 74p in my Natwest account and they charged me £28.

yeah im with natwest -

went into the branch today and they sent a concern to the customer service team - 3 -5 days to find out. As it was only £3.99 and my first charge they will probably let me off

Gemmzie

They probably won't let you off, NatWest are evil.

They put through a DD which I hadn't authorised which put me 27p overdrawn and they charged me £68 :eek:

And then said, I should manage my account better :mad: