From: "Eric Jones" 
Newsgroups: uk.finance
Subject: Re: Overdraft penalties and fees
Date: Fri, 21 Sep 2007 23:01:53 +0100
Bytes: 2544


"Derek Geldard"  wrote in message 
news:lt28f3tdmccaejkb53jdl34ega74d5japq@4ax.com...
> On Fri, 21 Sep 2007 18:40:06 +0100, "Eric Jones"
>  wrote:
>
>
>>Having had an account in credit for 40 years, these fees seem quite
>>substantial to be applied without discretion should I ever accidently
>>slip into the red.
>>
>>Toom
>>But you haven't paid them for 40 years presumably because you take care to
>>spend only what is yours and not the bank's.
>>If you are worried ask for a small overdraft facility on the account in 
>>case
>>of need.
>>
>
> There, I suspect, is the rub.
>
> I've had an overdraft facility of 2.5k for 12 yrs + which I've never
> used. But it came as part and parcel of a Lloyd's Gold Service
> account, which has charges of £10.00 / month, but includes free AA
> membership which I do use and sundry other benefits which I don't.
>
> What's the betting that any customer applying for a facility on a
> plain vanilla current account which they expect to use once a blue
> moon, gets steared towards a gold or platinum account. ??
>
> DG
110% true there. But you are allowed to say no and it will NOT affect any 
overdraft application.