Halifail overdraft charges

[Van Hellseek]

From this month...

£1 charge per day for being within your agreed overdraft.

£5 per day for being over it.

Thankfully I'm not into my overdraft, but nonetheless... Disgusting. I imagine anyone who is will simply transfer their account to another bank without such charges (being almost all of them).

Anyone with a Halifax account here who's being stung by these new charges?


Edit: It's mainly the £1 per day I'm disgusted with. If it's within an agreed limit there should be no charges whatsoever.

 

[Van Hellseek]

Have you got a source for this? Almost sounds unbelievable!

From their online banking service...

We will charge you an unarranged overdraft fee of £5.00 at the end of any day in which you use an unarranged overdraft.
If you pay money into your account to bring it within your arranged overdraft limit, you will pay the following fees.
# An arranged overdraft fee of £1.00 at the end of any day in which you use an arranged overdraft of up to £2,500.00
# An arranged overdraft fee of £2.00 at the end of any day in which you use an arranged overdraft of over £2,500.00

 

[Van Hellseek]

Its true and im in my overdraft.. Oh joy. Soon as my overdraft is sorted im moving banks as its a pretty big joke.

I have some very important information for you... DONT WAIT UNTIL YOUR OVERDRAFT IS SORTED!

I was talking to people at Nationwide today. If you are with the Halifax and have an overdraft then you can transfer the account to Nationwide (even if it is in an overdraft) and there will be no charges.

Why wait and be charged? Just go into Nationwide and transfer it over.

 

[Van Hellseek]

moving to this account would reduce that amount to 12quid .

Or switch to a bank that doesnt charge, and reduce the amount to £0.

 

[Van Hellseek]

Yup, you can transfer the account. No questions asked.

 

[Van Hellseek]

Maybe we should start charging the banks £1 a day for borrowing our money when the account is in credit.

Amen.