Visit, checking for any tax credits you might qualify for. Youll need to check with HSBC whether there are any specific limits about withdrawing cash and spending when in another country, or if the UK limits will apply. You may be able to go into an unarranged overdraft even if you do not have an arranged overdraft limit. An overdraft could give you peace of mind by allowing you to make payments when you have run out of money in your account. This additional increase is twenty times the original 25 buffer on these accounts, but should only be used if it is necessary. It could be as a result of a payment you have made, or cash withdrawn at an ATM machine. Here are the main limits you need to know about: Lastly, lets run through some key considerations about using your HSBC card abroad. The HSBC Advance Account offers easy everyday banking for people aged over 18, with no monthly fee. The maximum monthly charge in interest for going above your overdraft will be 20 per month. Minimum overdraft limit of 25,001 - maximum dependent upon requirements and subject to status. Where can I get help if I'm worried about my finances? <]/Prev 108239>> The account also offers additional perks, such as discounts and cashback as part of the HSBC home&Away rewards programme., This is HSBCs premium account for over 18s, with no monthly account fee and lots of benefits and extra services. Before you apply for a current account, make sure you have the required information and documents to hand. * Security may be required - each case is considered on its individual merits. An overdraft isn't guaranteed and is repayable on demand. 0000007113 00000 n This fee accrues daily and is charged regardless of whether the overdraft has been used, for an Overdraft Limit of above 200 only. Youll have to pay interest if you have an unarranged overdraft. It takes into account not just the interest, but also any other charges that may have to be paid and any interest-free amount. 0000036074 00000 n <> The representative APR shows the cost of borrowing over a year, so you can use it to compare the cost of our overdraft against other overdrafts and ways of borrowing. endobj We have detected your browser is out of date. However, you may be paying more than you need to in interest, which is why were letting you know and encouraging you to review and reduce your overdraft usage. With HSBC, these vary depending on which current account type you have. The rates on these overdrafts are currently around 16% - 20%. endobj The bank is also emphasizing their Barclayloan debt refinancing option for those who qualify. Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, View our service status to see how we're doing, Careers, media, investor and corporate information. 0000008376 00000 n If they have, then well write to them at the appropriate time.

Palm Beach County Tax Collector Vehicle Registration, Manuel Franco Graiwer Wife, Ebenezer Theater Easton Md, What Ingredients Are In The Bulk Rocks Mix Texas Roadhouse, Smoke Vent Control Panel Beeping, Articles H