Soldato
calnen said:My girlfriend got the same letter this morning. Are they really allowed to change their policy and give you (literally) zero notice? If we'd known they were going to charge her, I'd have used my overdraft to fill hers.
It'll only cost a couple of pounds for the week it'll take to work out, but there are probably half a million students with HSBC (and a lot of them will actually pay the fees!) so they'll make a killing on this.
Anyone considering paying it: Switch to Natwest. You get a £2000 overdraft with no interest at all.
I'll be surprised if NatWest, Barclays & Llodys don't follow suit, though they're probably a bit late for this year. Nothing is ever free don't forget and in my experience there are few graduates that can afford to get massive overdrafts under control - £2.2k with Barclays took me years to settle and then they had loans etc out of me.