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    • wizzywig27
    • By wizzywig27 12th Aug 17, 12:01 PM
    • 1,227Posts
    • 802Thanks
    New Halifax Overdraft Charges
    • #1
    • 12th Aug 17, 12:01 PM
    New Halifax Overdraft Charges 12th Aug 17 at 12:01 PM
    Halifax new charges are 1p per every £7 borrowed. So basically if your overdraft is below £700 then these new charges benefit you. However of (like me) your overdraft is more then you get charges more than you do currently. Means I will be charged TRIPLE what I currently pay.

    I am literally flabbergasted by their new charges.
Page 9
    • PeacefulWaters
    • By PeacefulWaters 8th Dec 17, 5:11 AM
    • 8,318 Posts
    • 10,677 Thanks
    PeacefulWaters was that reply supposed to be helpful or were you just trying to be clever and smart.
    Originally posted by Blackberrycurved
    Well to be honest, what other ways are there? I can't think of a fourth option. I'm sorry you think I'm extracting the urine but it's a perfectly serious answer.

    What a stupid reply... If people could earn more they Would.
    Have you looked into online surveys? A small difference but a difference all the same. Casual work in a pub or supermarket? Increasing hours/overtime in your primary job? Selling your old toys or CDs on eBay?

    My man died 2 years ago so half of my income wiped out plus Iím still paying for the funeral. I work 48 hours a week. We live on next to nothing, I spend next to nothing except on food and I make most of my clothes. Do you really think that people are on this forum because they are stupid maybe a few but mostly circumstances go and be clever some place else.
    But none of that makes my reply wrong or stupid.

    And if you canít answer the question mine was about Halifax banking donít post. Certainly donít post glib answers.
    Again, where are my suggestions glib?

    Granted, they peel away the emotional side of debt. But they leave behind three straight forward options to consider.
    • Kim_13
    • By Kim_13 8th Dec 17, 12:55 PM
    • 1,901 Posts
    • 2,037 Thanks
    Other than approaching Halifax and them agreeing to help out with some form of reduced fee arrangement, the only options are those three. Some posters have had more success than others in approaching Halifax, so all you can do is see what they're prepared to offer you. Of course this doesn't stop you from approaching a debt charity who may offer support while you pursue one or more of the options.

    Some posters may be more to the point than others, but what a quick list does is give you a snapshot of all of the options. Everyone's circumstances are different and while one poster could benefit from more in depth guidance on one of the avenues, another may suit you better. Everyone's time is better spent if the bulk of the replies are geared towards the most suitable option for you.

    As another poster said, this is the last month of 'double charging' - the daily fees for current overdraft use plus October's charges taken in arrears. November's charges have already been paid so you only have the daily fees to deal with from now on.
    Last edited by Kim_13; 08-12-2017 at 1:09 PM.
    Sealed Pot 11 #520 ~ /£100
    VSP 2018 #9 ~ £19.55/£180.00
    CCCC 2018 #1 ~ £20.75/£180.00
    • wizzywig27
    • By wizzywig27 28th Feb 18, 2:07 PM
    • 1,227 Posts
    • 802 Thanks
    Sorry to drag up this old post, I know it may not be as much in the public eye anymore, but I have just had this response from the FOS:

    I write in regards to your above complaint. Apologies for the delay in contacting you. As you are aware your complaint is being reviewed by an ombudsman, who is reviewing the evidence provided to issue their final decision on the matter.

    This service has received a number of complaints about the way Halifax will now charge for its overdraft usage. Because of the number of consumers affected, we are trying to ensure that we carefully review this decision made by Halifax.

    There may be light at the end of the tunnel after all.
    • BooJewels
    • By BooJewels 28th Feb 18, 4:20 PM
    • 351 Posts
    • 256 Thanks
    Thanks for the update, as a Halifax overdraft holder, I would certainly be interested in the outcome.

    I'm just on the point of paying a bit more than before, so would prefer the old system financially. But it's the tedium of keeping track of lots of small daily transactions that is more of an inconvenience. I wouldn't even mind paying the extra so much, if the way of managing it was better thought out - which is compounded by the on-line banking sometimes missing showing the odd one - resulting in my spreadsheet not balancing. I have to download a pdf statement to see them reliably. So I'd be very happy to see some improvements.
    • wizzywig27
    • By wizzywig27 6th Jul 18, 10:06 AM
    • 1,227 Posts
    • 802 Thanks
    Once again, sorry for dragging up this old post, but it may help people who were in a similar position.

    I spoke to the FOS today, so after 5 more months, (9 since I complained to the FOS) today I am told it has finally been passed to an ombudsman.

    When I asked what the outcome was of the review, he told me that all cases will be reviewed on their own merit, so they will not be issuing a blanket response.

    Its a bit of a joke really, but I've moved on. It was a blessing in disguise what they did. I just wanted them to acknowledge the way they treated me was unfair.
    • wizzywig27
    • By wizzywig27 12th Aug 18, 9:59 PM
    • 1,227 Posts
    • 802 Thanks
    Just to provide an update for anyone who has gone to the FOS regarding the overdraft charges, I received a letter Friday, although I e not had an opportunity to read it properly due to family visiting, the cut and dry is although they side with Halifax, they have suggested that Halifax pay me an additional £150 (on top of the £50 already paid) due to stress and anxiety caused (or words to that affect)

    That is now closure for me, and feel like a moral victory and a big two fingers up to them (although I know in the grand scheme of things its nothing but pocket change to them).
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