NatWest O/D £6 charge from July

[orfoster]

Hello,

My GF has had an e-mail from NatWest saying they're introducing an O/D fee from 12 July of £6pm.

It tells us that we can cancel the account or move to an account that they may offer before then.....

Can we refuse to accept the changes? She has about £1900 on her O/D that she's repaying each month. She doesn't use the NatWest account.

Cheers.

[leclerc]

Re: NatWest O/D £6 charge from July

The answer is no but they are falling into line with what LloydsTSB currently charge. I've had the same paper stating the same thing.

They only charge that amount if you use the authorised overdraft rather than exceed the overdraft.

[orfoster]

Re: NatWest O/D £6 charge from July

Yeah its all part of the authorised O/D that she has, its only £6 but then that does add up over the year.

[dogtired]

Re: NatWest O/D £6 charge from July

At least they are not doing a Halifax they charged £5 a day even for authorised.

[labman]

Re: NatWest O/D £6 charge from July

Can you not move the O/D onto a 0% Credit Card - work at paying it off, then cut the credit card up?