Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    3
    ReputationRep:
    Ok my account is -£2.50 as of yesterday, I am going to put in cash today, will I have been charged £38??? :woo:

    I have the £1250 overdraft on my account (£-1252.50).
    Offline

    19
    ReputationRep:
    Yes, this is entirely normal. My last charge a few years ago was closer to the £50 mark and for a similar amount over the overdraft limit.
    Offline

    16
    ReputationRep:
    You shouldn't be if you have the natwest student overdraft facility, i'm currently on -£500 and no problems :yy:
    Offline

    17
    ReputationRep:
    (Original post by paperclip)
    You shouldn't be if you have the natwest student overdraft facility, i'm currently on -£500 and no problems :yy:
    The way I read the OP's post is that he's £2.50 beyond the authorised overdraft limit...
    Offline

    16
    ReputationRep:
    (Original post by Illusionary)
    The way I read the OP's post is that he's £2.50 beyond the authorised overdraft limit...
    Ah, if that's the case, then you will be able to reclaim the charge anyway:

    Read this, inc template letter
    • PS Reviewer
    Offline

    20
    ReputationRep:
    PS Reviewer
    (Original post by paperclip)
    You shouldn't be if you have the natwest student overdraft facility, i'm currently on -£500 and no problems :yy:
    Naughty Dippy :sad:
    • Thread Starter
    Offline

    3
    ReputationRep:
    An expected Paypal payment this morning sent it back up to +£40.

    Would going in branch and asking to remove it do anything? I think the charges are done monthly?
    Offline

    2
    ReputationRep:
    AFAIK on the student accounts they only charge £38 if the fact you are overdrawn causes them to decline a payment (unpaid item fee), which it doesn't sound like has happened in this case. If you had a non-student account, you would probably have been charged a maintenance fee (£28) and paid referral fee (£30).

    Go into the branch and check, or phone them up, if it's bugging you.
    Offline

    18
    ReputationRep:
    (Original post by paperclip)
    Ah, if that's the case, then you will be able to reclaim the charge anyway:

    Read this, inc template letter
    Not quite as simple as that - the charge wouldn't be repaid for awhile yet, and it remains a big "if".

    You probably will get charged Op. Best to ask them to extend your overdraft if you're having problems (but remember that it needs to last you the 3years)
    Offline

    16
    ReputationRep:
    (Original post by jacketpotato)
    Not quite as simple as that - the charge wouldn't be repaid for awhile yet, and it remains a big "if".

    You probably will get charged Op. Best to ask them to extend your overdraft if you're having problems (but remember that it needs to last you the 3years)
    Mine with Halifax was removed within 2 weeks :dontknow:
    • Thread Starter
    Offline

    3
    ReputationRep:
    Checked in branch today, guy said the system showed no records of any charges (I received no emails either).

    He did say that the system gives you a preview of what Monday will be like (Monday being charging day apparently) and all is well. w00t.

    Thanks for showing your interest fellow TSRies!
    Offline

    2
    ReputationRep:
    (Original post by otester)
    Checked in branch today, guy said the system showed no records of any charges (I received no emails either).

    He did say that the system gives you a preview of what Monday will be like (Monday being charging day apparently) and all is well. w00t.

    Thanks for showing your interest fellow TSRies!

    hmm....... welll.... man in natwest said he couldnt find and records of a charge on the system and then it appeared a month late
    -£5
    boo!
    x
    Offline

    1
    ReputationRep:
    I've got away with this a few times with no charge. As well as going over my credit limit on my student credit card. Apparently Natwest allow students a few days grace on the student accounts, that's not actually in writing anywhere though...
 
 
 
Poll
Do you agree with the PM's proposal to cut tuition fees for some courses?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.