Lloyds 0% overdraft

PRAISETHESUN

That's a shame 🙁 My current OD is 0% until the end of Feb and I'll give it another go when it ends but with the expectation that it won't get renewed again

pecunianonolet

PRAISETHESUN said:

That's a shame 🙁 My current OD is 0% until the end of Feb and I'll give it another go when it ends but with the expectation that it won't get renewed again

It is quite strange, got a text today that I do not qualify for the switch offer as I didn't have 3 active direct debits. Not that I would be eligible anyhow but I triggered my interest what is currently on offer and they pay £250 switch bonus, quite generous. 

By reading the T&C's, I saw the below:


https://www.lloydsbank.com/current-accounts/switch.html

It does look like the offer is still there, just not sure why I was charged an overdraft fee. Let's see if I still get a letter and a renewed offer. 

Jazzking

Worth noting that Halifax's current switch offer includes a 0% overdraft for 6 months so, given they are both part of LBG you might be able to employ the same tactics?  I've not tried so no experience of whether or not this would work but even if you can't keep switching and increasing if you get a decent limit it might be a good mini stooze?

https://www.halifax.co.uk/bankaccounts/switch-to-halifax.html