Starting to get fed up with Nationwide

leaphaze

lolavix wrote: »

Have you paid in a cheque that possibly hadn't cleared when you drew funds against it?

Good thought, but no, haven't paid in a cheque for years!

leaphaze

lippy1923 wrote: »

There's obviously a reason you are being charged. They are not allowed to charge you for the fun of it!
Try going back through your last months statement and see where you may have gone overdrawn. If you have as Nationwide say (even if its agreed) unless they specify its interest free, then there will be a charge.

If you're still unsure I suggest popping into a local branch so a member of staff can highlight the overdrawn transaction.

Waste of time! The online staff can't explain why. Just quote terms and conditions.

leaphaze

dalesrider wrote: »

From your OP...

Just what do you consider overdrawn?

To the bank that, is as soon as you go into a debit position. Even though you may still be within your O/D limit.
You will be charged interest or a daily fee (depends on bank)

So to avoid any interest charges you have to stay above £0.00.

Exactly! According to my statement, my balance during the month did not go below £0.00. So I consider I have not gone overdrawn and should not pay any interest.

Dirk_Gently_2

leaphaze wrote: »

Exactly! According to my statement, my balance during the month did not go below £0.00. So I consider I have not gone overdrawn and should not pay any interest.

Which balance : the account balance or the "cleared funds" balance?