Thread: authorized overdrafts

Each bank works slightly differently, so it really depends who you bank with. Some banks actually close accounts but most don't. As far as overdrafts are oncerned, your claim shouldn't affect the overdraft, although it may be a good opportunity to pay the overdraft off with your reclaimed charges!!

I know that Barclaycard are lowering the credit limits of people who claim charges.

Read as many of the threads as you can in your bank's forum. But I yhink in general the cutting of overdrafts isn't a common practice.

Good luck

Spot