We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

First Direct overdraft

SuperAllyB
SuperAllyB Posts: 885 Forumite
Part of the Furniture 500 Posts Name Dropper
in Budgeting & bank accounts
I know the first £250 of the overdraft is interest fee, but can anyone confirm that there are no fees either? I can't find any mention one way or the other which suggests not but could do with being sure before the end of the business day.

Thanks

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The fact that everywhere they talk only about informal overdraft fee implies that there is no fee for using any formal overdraft, including the interest-free £250 part of it.
  • SuperAllyB
    SuperAllyB Posts: 885 Forumite
    Part of the Furniture 500 Posts Name Dropper
    grumbler wrote: »
    The fact that everywhere they talk only about informal overdraft fee implies that there is no fee for using any formal overdraft, including the interest-free £250 part of it.

    That was my interpretation too.
  • Deru
    Deru Posts: 640 Forumite
    Part of the Furniture 500 Posts Name Dropper
    No fees. I have it.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.5K Work, Benefits & Business
  • 602.8K Mortgages, Homes & Bills
  • 178K Life & Family
  • 260.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture