Going over my agreed overdraft limit with HSBC

Dragon_of_Consumer_Power

I have had an agreed overdraft with HSBC, on my Advance account, for just over a year. My limit is now up to £4500 and therefore I usually have to pay around £65 a month in interest and arranged overdraft charges. However, on occasion, I have slipped over the limit and been charged £25 a whack for this: by guesstimate, I reckon I've probably been charged £250+ over the life of my agreed overdraft for these quick slips, which usually last no more than a day. Am I likely to be able to reclaim any of these charges?

I've been an account holder with HSBC since 2006, and with their Advance service since c. 2010, I believe.

geoffken

10 times in a year!!!!
You are lucky they have not demanded repayment of whole overdraft and closed the account.
YOU ARE RESPONSIBLE FOR MANAGING YOUR ACCOUNT.
NOT LIVING IN A PERMANENT OVERDRAFT AND GONG OVER IT.

[Deleted User]

Dragon_of_Consumer_Power wrote: »

Am I likely to be able to reclaim any of these charges?

Any payment made to you would be goodwill from the Bank and I think you've probably already exhausted this with the frequency of your unauthorised borrowing.
Are you really constantly carrying a maxed out overdraft of £4,500?
I think you need to contact the Bank about cheaper means of borrowing.I doubt the Bank will continue to allow you to "manage" your account in such a manner.