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overdraft help


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Hi there,

 

I have been given a £50 overdraft with Abbey. I have been charged in the past for going overdrawn. However, I do not really know what an overdraft is. After they gave me the £50, my account showed £50 added to my balance. Now, however, my balance is showing a negative balance, but my available balance is a positive amount. Will I be charged again as my balance is showing a negative, or is that just showing how much i have gone overdrawn?

 

Thanks!

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Guest Old_andrew2018

IMHO you should not worry too much, just be careful not to beyond your overdraft limit, I have a small overdraft never using it however the difference between actual and available balance is £100.00.

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