Overdraft fees LloydsTSB

innovate

BugsyBrowne wrote: »

but come on what really are the chances of that if you stay within your planned OD.

Judging from those panicky posts on MSE ("Help! Bank pulled my OD overnight!" etc), there is every chance that the OD will get pulled if you use your planned OD constantly.

The basic issue is that you do need more money than you have, on a regular basis. This is bad financial management. The way forward isn't an overdraft, but to either get more money, or to spend less. Or a combination of the two.

BugsyBrowne

innovate wrote: »

Judging from those panicky posts on MSE ("Help! Bank pulled my OD overnight!" etc), there is every chance that the OD will get pulled if you use your planned OD constantly.

The basic issue is that you do need more money than you have, on a regular basis. This is bad financial management. The way forward isn't an overdraft, but to either get more money, or to spend less. Or a combination of the two.

Yes but these panicky posts are of those who have gone over their planned OD like the last OP who decided to go over their agreed Overdraft or the poster last week who decided to write the bank a letter explaining that they've ran into a financial mess.

You don't play by the T&C's with a bank then yes you can get a yellow card but if you do play nice then those no reason why they will send you off.