Letter from Barclays

wannabemoneysavingstar

Hi,

Received a letter from Barclays last night saying that they were going to give me a £500 over draft buffer to stop me incurring charges!!!! If you stay in this buffer then you will incur a charge. Is this Barclays admitting that their charges are unfair? Or is it just another way of getting money out of you?

tyllwyd

Is this the Personal Reserve they are introducing? I saw it mentioned in the weekend papers
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/30/cmoverdraft30.xml

**Amy**

I dont think its them saying the charges are unfair.

I think most banks try and get you to have CCs and O/Ds as in the long term its money for them, and if they say to their customer they are doing it to help them, then most people think "oh wow, what a lovely bank, lets do it!"

:D

wannabemoneysavingstar

tyllwyd wrote: »

Is this the Personal Reserve they are introducing? I saw it mentioned in the weekend papers
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/30/cmoverdraft30.xml

Yep thats the one the expensive sounding thing! better off to have a huge overdraft and try not to use it!

DEBT_23

what account do you have with them?
cant you ask for maybe a £50 or £100 one instead of £500 .

wannabemoneysavingstar

Just a normal account with an overdraft nothing too special. Think I will be asking them to change the buffer. (hoping they don't take away the OD still need it at the mo!:rolleyes:)