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Santander Youth account 16-18 Overdrawn 69p

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reclusive46
reclusive46 Posts: 2,698 Forumite
edited 24 September 2011 at 7:24PM in Budgeting & bank accounts
My son is switching to Lloyds and has moved all his money over to lloyds apart from £25 which was left over to pay his phone contract. Except his network took £25.69(Morning of Saturday or Late Friday night) and he went 69p overdrawn. He then credited the account with 69p later that day. Around 11am. Is he likely to incur any charges for going overdrawn?

Comments

  • Hasty1991
    Hasty1991 Posts: 72 Forumite
    Part of the Furniture Combo Breaker
    If he was overdrawn overnight then he could possibly incur charges. However, since he is under 18 he just needs to phone Santander and they will refund all charges.
  • Saints2011
    Saints2011 Posts: 933 Forumite
    Its under £10 will be fine.
    Can I find out my credit score?
    You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Under 18s CAN NOT be charged for going overdrawn.
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • mandi
    mandi Posts: 11,932 Forumite
    Part of the Furniture Combo Breaker Stoptober Survivor
    stclair wrote: »
    Under 18s CAN NOT be charged for going overdrawn.


    Not according to Nat West stclair.. But I understand why you posted as it is correct..
  • abbas5001
    abbas5001 Posts: 351 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    reclusive46 wrote: »
    My son is switching to Lloyds and has moved all his money over to lloyds apart from £25 which was left over to pay his phone contract. Except his network took £25.69(Morning of Saturday or Late Friday night) and he went 69p overdrawn. He then credited the account with 69p later that day. Around 11am. Is he likely to incur any charges for going overdrawn?

    If he is under 18 then he will not be charged.
  • IrishGypsy
    IrishGypsy Posts: 353 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I've replied to your PM, but essentially 16-18 accounts with Santander don't receive any charges as they don't offer any OD facilities. But as advised in my PM, keep an eye on his statement to be doubly sure. :) Hope that helps.
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    If he does get charged (but shouldn't) you could claim that such charges are disproportionate to the amount owed and you'll get them back anyway.
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    mandi wrote: »
    Not according to Nat West stclair.. But I understand why you posted as it is correct..

    Mandi delete some of your messages ive been trying to PM you :p
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
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