Marc Gander - The Consumer Survival Handbook


A 220 page introduction to all things consumer related by our own BankFodder.

Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.

£6.99



Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)


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  1. #1
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    Default RBOS - can you reclaim Overdraft Interest Charges

    Hi everyone

    Can someone help me with a quite basic question (I have searched quite a lot of websites and cant really find an answer to this one). I have received my statements from RBSicon within a week of asking and was charged 5 for 6 yearsicon worth of statements.

    The majority of my statements contain charges for CHG (charges) which I assume are for being overdrawn, followed by INT (interest).

    Do I just total up all the CHG and claim for the total amount?
    Can I also total up the INT and claim for this also?

    I have seen some quite confusing postings about spreadsheets and calculators for the INT part which seem terribly complicated.

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  2. #2
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    Default Re: RBOS - can you reclaim Overdraft Interest Charges

    Hi there and welcome!

    Dependant upon which type of account you have you should not claim on the total amount under CHG only the unauthorised part. EG. if you are a Royalties Account Holder I think they charge 15 per month so anything over and above that charge you should claim for. Rates are different so you should check what rate you are paying for the Royalties Service. Also, you should claim on the INT part too.


  3. #3
    Basic Account Holder
    Do you record your calls?
    You'll regret it if you don't.




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    Cagger since : Feb 2007

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    Default Re: RBOS - can you reclaim Overdraft Interest Charges

    Hi Marcelle
    thanks for your posting. I just have a basic current account i.e. not Royalties Gold or anything like that. I have trawelled through 6 yearsicon of statements and only found 4 x CHG's amounting to 45. However if you then look at the INT entries, there are many, these amount of 450+. Quite a big difference. Are you saying then that I can submit a claim for the CHG's and the INT's?


  4. #4

    Default Re: RBOS - can you reclaim Overdraft Interest Charges

    Hi pink

    Short answer is yes you can however you can only claim back the proportion of interest that was charged against the charges on your account. I have written up an explanation of this here. That should help explain.

    The spreadsheets do calculate this for you so don't get flustered if it's a bit confusing.

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