MSE News: Santander to double overdraft charges

adamcarvell

overdraft fees ? im with them premier account are overdrawn every week so mines going up from £10 t £20 in march so any other banks offering cheaper overdraft fees to recomend im nt paying £20 a month for that.

hermante

They need some way to pay for all the switching bonuses! And they still pay one of the highest rates available.

Halifax charges £1 a day, so Santander is just matching them.

A_Flock_Of_Sheep

Simple answer to this is to not go overdrawn and then it costs you £0.00 and Santander make £0.00.

If you pay these astronomical price check a mirror for the apportionment of blame.

adamcarvell

well the firm rips up your contact and drops your wages what else am i supposed to do

bookbuyer

There are some good things with this account, such as high credit interest, included travel insurance and a fairly good on line set up. I am just wondering if it is worth opening a Halifax account and paying in £1,000 a month, earning the £5 a month reward, then transferring the money into Santander. Any charges can be paid by the reward. Once set up with direct debits etc it should work well unless there are any terms preventing this.

adamcarvell

coventry £250 interest-free overdraft & VISA debit card which is roughly what im overdrawn or just under

A_Flock_Of_Sheep

adamcarvell wrote: »

coventry £250 interest-free overdraft & VISA debit card which is roughly what im overdrawn or just under

If you show you are constantly overdraw they will not have you.

Gordon_the_Moron

First Direct also £250 interest free as long as you pay in £1500+ per month.

adamcarvell

i already have a current account with the cov

Davida2z

i am not 100% if we can reject these terms and conditions ?