We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
recieved a letter from hsbc about a new arrangement for our overdraft
redballoon_2
Posts: 1,555 Forumite
Has anyone else recieved a letter today about thier existing overdraft fee? they are saying the limit wont change but a fee will be applied for use of it.
I have had the overdraft for a while using it frequently but frequently clearing it as well.
does this mean that i will be charged the £25 for having the overdraft in place?
from thier website: You will not have to pay for your first agreed overdraft request (formal or informal) in any six-month period. Each further agreed request in a six-month period may incur an arrangement fee
I have had the overdraft for a while using it frequently but frequently clearing it as well.
does this mean that i will be charged the £25 for having the overdraft in place?
from thier website: You will not have to pay for your first agreed overdraft request (formal or informal) in any six-month period. Each further agreed request in a six-month period may incur an arrangement fee
Make £10 a day challenge March 2013 £101.24 / £240 :j
WSC 10 March - £0 / £5
Debt £17,294 - 7th March
WSC 10 March - £0 / £5
Debt £17,294 - 7th March
0
Comments
-
They are talking about changes to your Overdraft Limit more than once every 6 months.redballoon wrote: »Has anyone else recieved a letter today about thier existing overdraft fee? they are saying the limit wont change but a fee will be applied for use of it.
I have had the overdraft for a while using it frequently but frequently clearing it as well.
does this mean that i will be charged the £25 for having the overdraft in place?
from thier website: You will not have to pay for your first agreed overdraft request (formal or informal) in any six-month period. Each further agreed request in a six-month period may incur an arrangement fee
You won't charged if you don't change the Overdraft Limit & stay within it when using it.
peter9990
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards