£1000 overdraft bank change

Peter655

hey, I currently have a £1000 overdraft with my current account with Yorkshire bank and am looking to change to another bank. Is it possible to change with such a large overdraft and which would be the best bank to go with. I currently pay £30-£40 for my bank charges.
thanks.

agrinnall

Pay off the overdraft and live within your means, then you'll be able to switch to whoever you like.

eskbanker

Peter655 wrote: »

Is it possible to change with such a large overdraft and which would be the best bank to go with.

There's no way of telling which bank, if any, would offer you a £1,000 overdraft as a new customer - you could apply to one or two but you'd need to be wary of the effect on your credit files of repeated searches, especially in the context of already carrying a debt in this way, so the previous post is a better route to follow....

And/or read http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs for other ideas including money transfer cards, although these are also subject to eligibility so shouldn't be seen as an automatic right.