Crosswords7 mins ago
New Natwest Overdraft Policy
0 Answers
Has anyone seen the new NatWest overdraft policy starting mid july .
My understanding is that even if you have an arranged overdraft of about £2500, if you go over £10 into the red then you will be charged £6 every month you are over that threshold.
It used be that if you went over £100 into the red you get charged.
Obviously the unarranged overdrafts have far bigger penalties.
If anyone has seen the new policy, is what I said above correct or not?
Just trying to work out what I will be charged each month as I don't think I could clear my overdraft by July. If its just £6 each month for whatever you are over the £10 threshold then I can live with that.
Thanks
My understanding is that even if you have an arranged overdraft of about £2500, if you go over £10 into the red then you will be charged £6 every month you are over that threshold.
It used be that if you went over £100 into the red you get charged.
Obviously the unarranged overdrafts have far bigger penalties.
If anyone has seen the new policy, is what I said above correct or not?
Just trying to work out what I will be charged each month as I don't think I could clear my overdraft by July. If its just £6 each month for whatever you are over the £10 threshold then I can live with that.
Thanks
Answers
Best Answer
Nobody has yet answered this question. Once some answers have been given, BobbyBobBob will be able to select one answer as the best. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.There are no answers available for this question.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.