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Natwest Overdraft Automatic Increase

Hi

Quick question has anyone even heard of Natwest increasing an overdraft without being asked?

My was increased this morning by £190 and I don't know why

B.

Comments

  • Have you asked them?

    By the way I got 2 letters today with changes to terms and conditions of 2 credit cards that I have - both say that they can vary the limit at any time but if I didn't want any increase to let them know.

    Perhaps the increase in your facility means your credit 'score' is improving?
  • brewerdave
    brewerdave Posts: 8,927 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've actually just had the opposite -NatWest have reduced my approved o/d limit by £1000 ...and also my NatWest Mastercard limit has been reduced by £5k. Both letters mention the fact that I haven't been using the available credit.
    I thought that they must have done some sort of credit audit -OP have you been getting close to your o/d limit lately?
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