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!

Just for Fun Poll: What's your agreed overdraft limit?

Mine's £1000 and it's interest-free :rotfl:

What is your agreed overdraft limit? 112 votes

I do not have an overdraft facility
8% 10 votes
Less than £100
3% 4 votes
£100-400
16% 18 votes
£500
12% 14 votes
£750
8% 10 votes
£1,000
15% 17 votes
£1,100 - £1,400
4% 5 votes
£1,500 - £2,000
8% 10 votes
£,2000 - £3,000
4% 5 votes
More than £3,000? (tell us how much!)
16% 19 votes
«13

Comments

  • Overthetop
    Overthetop Posts: 207 Forumite
    I know I have one but have no idea really what it is as thankfully never used it
  • skyrider007
    skyrider007 Posts: 1,108 Forumite
    I use mine so I can earn interest in my savings account. After all I don't have to pay any interest or fees for my overdraft. Love 0% APR on this OD and almost 6% Gross interest on Online Bonus Savings account.
  • redkelly
    redkelly Posts: 203 Forumite
    The overdraft on my c/account is £5500 with the Abbey.
    But don't use it so have no idea how much they charge!
    Payment a Day : Creation £1416.05 Cleared June 2017
    Capital One : £2169.37 Cleared May 2018
    M & S : £3207.29 Cleared May 2018
    First direct £4900.00 Cleared July 2018
    Next £2206 Cleared September 2018
    Capital One Platium £2800.00 Cleared November 2018
  • Elise1309
    Elise1309 Posts: 53 Forumite
    £7000 with Lloyds. (It was higher but I voluntarily reduced the level as I thought it was an obscene figure to be 'encouraged' to borrow).

    Zilch with my Natwest Step account as I didn't even bother applying for a better account - just wanted something set up quickly as an 'escape' account if need be.
  • southernscouser
    southernscouser Posts: 33,745 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    £5,000.

    Can't wait to spend it! :T :rotfl:
  • Kavanne
    Kavanne Posts: 5,093 Forumite
    It's £2250 agreed but online when I go to 'increase overdraft' it says I can have up to £4800. O.o

    I NEVER use my overdraft!
    Kavanne
    Nuns! Nuns! Reverse!

    'I do my job, do you do yours?'

  • steady__eddie
    steady__eddie Posts: 1,455 Forumite
    Part of the Furniture Combo Breaker Uniform Washer
    I am only a financial dwarf because my limit is only £300 but for the last few years it has boldly stated each month on the top of my monthly statement, "to be reviewed on 10 May 2005".
    It is reassuring to know that Lloyds T.S.B. have mastered time travel. They kept that quiet didn't they ?
  • ShelfStacker_3
    ShelfStacker_3 Posts: 2,180 Forumite
    I have £200 at 8%, which I'm a fair bit into right now as I've had to buy a lot of stuff recently which I couldn't do without, and been a pillock and bought a few other (not too expensive, but still not cheap) things I could, usually after a couple of lemonades with someone who loves persuading me to visit the Dominos Pizza website... :D
  • teeni
    teeni Posts: 1,193 Forumite
    £3500 but unused just kept for emergencies until i can build up a buffer in savings acc.
  • unknown_myth
    unknown_myth Posts: 14 Forumite
    £250 - A&L Premier Direct Current Account, so 0% until the end of August...
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.