5/6/2023 0 Comments Edge boosteryour account makes (or may make) use of an unarranged overdraft.Please see our terms and conditions for details. There are other charges with this account, such as when you use your card to buy things abroad. We also have different borrowing options, such as credit cards, personal loans, and additional loans for our mortgage customers. We offer other current accounts with different overdraft interest rates or without the option for an overdraft facility. If you use an arranged overdraft of £1,200, you’ll be charged an interest rate of 39.94% APR/EAR (variable). The table below shows you how you’ll be charged for using your overdraft. We don’t charge fees for allowing or refusing a payment due to lack of funds.Īlready completed the eligibility checker? Find your previous decision If we allow a payment, it’ll take you into an unarranged overdraft. When you try to make a payment when you don’t have enough money in the account, we decide whether to allow or reject the payment based on your circumstances. You can ask for one when you open your account or at any other time.Īn unarranged overdraft is when your account goes overdrawn without an arranged overdraft in place or if your account goes over your arranged overdraft limit. We'll try to notify you of this in advance.Īn arranged overdraft is when we let you borrow up to a pre-agreed limit. We may ask you to repay all or part of your overdraft at any time. You must repay any overdraft when we ask, in line with our General Terms and Conditions. For example, if you don’t repay your interest and charges regularly, it could be harder or more expensive to get credit with us or other providers in the future. The way you manage your overdraft may affect your credit file. There’s also a cost for using an overdraft. It’s intended mainly for short-term costs or emergencies and isn’t generally suitable for longer-term borrowing. To learn more about some of the common terms we use, take a look at our glossary OverdraftĪn overdraft lets you borrow through your current account. The Fee Information Document (146 KB) explains the main fees and charges for this account, including those for using an overdraft. It’s paid from your account automatically each month. There’s a £3 monthly fee to maintain the account. Investment fees, charges and key documents.Savings and investments View all savings and investments.Everyday No Balance Transfer Fee Credit Card.Everyday Long Term Balance Transfer Credit Card.Where can I get Santander Edge cashback.Current accounts View all current accounts.
0 Comments
Leave a Reply. |