How long before Barclays can offer you an overdraft?
in Budgeting & bank accounts
45 replies 1.4K views
I have had a Barclays account for seven months, each month my salary is paid in. But they state they are unable to offer me an overdraft. Does anyone know how long they take to say yes? I only have a mortgage coming out which is less than half of the salary. 2k on a CC. Nothing to suggest I cannot pay off debts. Other banks say yes, but Barclays says no.
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So any time between now and never.
.withdrawal, NOT withdrawel ..bear with me, NOT bare with me
.definitely, NOT definately ......separate, NOT seperate
should have, NOT should of .....guaranteed, NOT guarenteed
As above, I like to have a buffer just in case. You can't use a credit card to pay your bills or mortgage. If the overdraft is ever used it would only be a couple of hundred. Other banks gave me 4/5k overdraft in a heartbeat. Barclays I guess I will have to wait and see if they give me one at 12 or 18 months. It is just for a backup as my pay changes by that amount every couple of months.
I find it somewhat concerning that you took a high ground and accused me of maxing out a CC. Hardly warm advice to cast such a judgement I must say.
Barclays have never offered me one, they say I'd have to go into a branch with payslips
If you prefer [to pay for] overdrafts, and other banks let you have them, you could obvsly also use such other banks.
I'd also like to clarify that nobody accused you of having maxed out your CC. It was merely a question. If you had offered all the facts to start with, nobody would have needed to ask questions. Other than that, maxing your credit card in some way is perhaps not advisable but is hardly a crime.