Do you have an arranged overdraft with your bank?

If so, what is your agreed overdraft limit? And how often do you go overdrawn?

KiwiBird · 36-40, F

No. But I have a credit card with a $35,000 limit and a 55 day interest free period. It is set up so I never actually incur any interest charges ever. The credit card company hates me.

Ynotjenn · F

@KiwiBird I was buying some fairly expensive stuff at Ulta and applied for the credit card just for the 25% discount on purchase…they gave me a $25k limit!🤣
Thankfully I’m responsible but man…the damage I could do at Ulta!🤷🏻‍♀️🙄🤓

Crazywaterspring · 61-69, M

@KiwiBird They made the rules. But they can change them too. Mind the fliers they send out.

Ambroseguy80 · 51-55, M

And please provide three months of bank statements, and a current, year-to-date P & L and balance sheet.

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Ambroseguy80 · 51-55, M

@Ynotjenn I’ll provide those as soon as I file the last three years. 😒

Ynotjenn · F

@Ambroseguy80 That just gave me anxiety 😒

Ambroseguy80 · 51-55, M

@Ynotjenn don’t worry. Just joshing. ;)

ninalanyon · 61-69, T

Yes but it is just the standard amount offered to all users of this bank, about the equivalent of 600 USD. I never go overdrawn.

Lacemaker · 41-45, F

I've only ever had one overdraft when I was a student. I felt so guilty until I'd paid it off I vowed I'd never have another. Luckily, I haven't.
Rates are sky- high at the moment.

summersong · F

Nope but I do have a notification when my balance hits a certain level so that I don’t overdraft

iamonfire696 · 41-45, F

No, I have never had to use that.

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