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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
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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
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