0000001876 00000 n [( H S B - e N R F B 1 3 6 8 - M C P 5 2 1 3 1 . endstream Take a look at ourWays to Borrowpage for more information. But if you do, please bear in mind that youll be opting out for all your current accounts with us. 0000014407 00000 n 0000005533 00000 n So, make sure you have your debit card PIN memorised. endobj Whats more, all HSBC cardholders have access to the home&Away offers programme. What to do ifI have gone over my overdraft limit - Financial Advice Based on an assumed arranged overdraft of 1,200 for an HSBC Bank Account. Even if you haven't exceeded your arranged overdraft limit, your use could be causing you to incur high avoidable charges. A list of banks in Portugal, including more information on some of the biggest and most popular retail banks in the country. What happens if I can't pay back my overdraft? - The Plum Blog <> The interest-free buffer is 25 or higher on most of our accounts. Representative example: Based on an assumed arranged overdraft of1,200for an HSBC Bank Account, the rate is0% EAR (variable)on the first 25,39.9% EAR (variable)on anything above that, giving a representative rate of38.9% APR (variable). 0000027602 00000 n Based on an assumed arranged overdraft of1,200for an HSBC Jade Bank Account, the rates are 0% EAR (variable) on the first1,000,39.9%EAR (variable) thereafter, giving a representative rate of5.8%APR (variable). An unarranged overdraft is where you havent agreed an overdraft with your bank but spend more than the amount in your current account. It doesnt include any other fees or charges. Why does it matter if I'm in overdraft repeat use? endobj 123 0 obj We may decline payments that you try to make using an unarranged overdraft. 120 79 We don't offer unarranged overdrafts and will always try to return any transaction that would take an account overdrawn when there is no arranged overdraft limit. A list of banks in Austria, including more information on some of the biggest and most popular retail banks in the country. 0000005083 00000 n You can then apply for an arranged overdraft as part of your application. What Is An Overdraft? | How Do Overdrafts Work? - HSBC UK From 9th April, for a three month period, HSBC UK will increase the temporary interest-free buffer for millions of Bank Account and Advance Account overdraft customers from 300 to 500. A list of banks in Norway, including more information on some of the biggest and most popular retail banks in the country. If you're a HSBC Jade customer, we're increasing your interest free overdraft amount to 1,000.The Monthly Maximum Charge is the maximum amount we might charge you in a month for having an unarranged overdraft. 0000003553 00000 n page on how to apply. As a Premier customer, the first 500 of your arranged overdraft is interest-free as standard. A list of banks in Germany, including more information on some of the biggest and most popular retail banks in the country. The figures displayed are given as a guide only. 0000003398 00000 n The table below shows how fees are changing across HSBC and its other brands First Direct and M&S Bank.