The bank has my money most of the time and pays a tiny amount of interest on it. Due to s stight oversight I became overdrawn on one of my accounts, there was plenty in another one. I had. to pay 17p interest. But they also charged me £5 overdraft charjge. Talk about printing money.
Challenge them - it's well worth the postage & you might strike lucky.
Organise an overdraft on the account, you still get charged interest but won't get caught for the fee.
I laugh when I get a paper bill (internet normally) sent to me because I'm being charged a penny or 2 interest. Yep, that's them spending ~ 50p to get a penny back! No wonder you got charged so much :'(
Well worth complaining though cos that fee is just silly.
My son has an account with Santander. They charge £25 for an unauthorised od :o
I have an overdraft on the account and it did not go only the limit.
How else can they put petrol in their Ferraris?? ;)
I am with the Halifax and they have high interest rates even for authorised overdrafts. £1 per day interest regardless if you are 1p or £2500 overdrawn; £2 per day for £2501-5000.
Is it any wonder pepole take there money and put it in banks in other country's ,they get money for old rope,they should be called THE BANK ROBBERS!they make me mad.
Doesn't matter what overdraft charges are if you don't spend more than you have.
Way back I went over accidentally, got a snotty letter saying they weren't aware I had overdraft facility's with them, I paid up and put more money into the account.
Later they put £10000.00 into the account and took it out again, so I wrote them a tongue in cheek letter saying I wasn't aware I had given then permission to use my account for money laundering and would they please stop.
Got a letter back apologizing and £25.00 for the inconvenience.