A+L radically changing their over draft terms

Canny_mal

Hi all

I did a quick search but couldn't see a thread on this subject already....I have a Premier Direct Current account with A+L and the other day I got my usual monthly email from them inviting me to view my monthly statement online. However, also included in the email was details of changes to how they opperate their overdraft facility.

From next month they are going to charge 0% on an authorised overdraft HOWEVER if you do go into your authorised overdraft they will charge 50p per day up to a total of £5.00 per month.

These changes will probably suit those who are heavily overdrawn to the tune of several £100 or more but for people like myself who only ever slip less than £100 overdrawn and only for a day or two it's going to cost me more.

How does everone else feel about the changes?

masonic

Main thread on this topic is here Canny_mal.