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Natwest unarranged overdrafts and extensions Watch

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    I've heard that on a student account, if one goes into their unarranged overdraft they are unable to extend it further the following term. For example, I have a £500 overdraft for the first term of year one, and wish to extend it to £750 the second term but have been below -£500 without authorisation. Does this mean the extension will not be permitted, and if so, for how long will I be denied?
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    I have gone over my student overdraft by £9 as natwest have taken out my house insurance 2 days early does anyone know if I will get charged for this?
    And also does anyone know when I will be able to increase my overdraft to 750 from 500?
 
 
 
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Updated: December 27, 2010
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