Overdraft? (spelling adjusted)

NeoReloaded · 14 Jun 2006 at 17:34

Hey guys, i was just wandering when you get an overdraught put on your bank account does it go into affect straight away?
Ive been meaning to get one for a while now because ive had enough of just going into about -£1.00 then getting charged £30 each time it happens

Thanks.

KaHn · 14 Jun 2006 at 17:34

Overdraft?

Like overdraught beer?

KaHn

Replicant · 14 Jun 2006 at 17:34

Overdraft

Yeah goes into effect straight away, check your online banking should inform you of your available to spend balance.

kitten_caboodle · 14 Jun 2006 at 17:35

usually as soon as it's approved it's activated on your account. But you do need to check with the bank when you set it up

Pez · 14 Jun 2006 at 17:39

NeoReloaded said:
Hey guys, i was just wandering when you get an overdraught put on your bank account does it go into affect straight away?
Ive been meaning to get one for a while now because ive had enough of just going into about -£1.00 then getting charged £30 each time it happens

Thanks.

Please dont assume that your just going to get one. Be aware that you will be subject to a credit reference check first.

But yes, it agreed, they take effect straight away.

j00ni · 14 Jun 2006 at 17:40

KaHn said:
Overdraft?

Like overdraught beer?

KaHn

I miss the overdraught before a night out in 5th ave

Depends on your bank and what time you activated the OD, I would phone your bank and check if it is important and/or you might get charged for going over limit