It's the end of the month and I don't have much money. I just had enough for a single bus ticket in my account, but today I went and got a weekly ticket and paid on card on bus. I can't access cash to put in the bank, so inevitebly, I will go overdrawn. It'll be for two days til I get paid. My question is, if I use my bank card in an atm once I get paid again, will my card get swallowed by the machine? Thanks. I'm all of a tizz!
I have some very important bank transfers on the day I get paid. All in all, I will only be overdrawn £12 plus overdraft charges. Will the overdraft affect me making these bank transfers? Thanks for all your advice, you've all set my mind at rest.
If your overdraft isn't arranged with the bank, then you won't be able to complete the transfers while overdrawn, but once your balance is back above zero it won't have any effect at all. If it's an agreed overdraft it won't have any effect at all.
Re the charges, if you can't get these waived keep an eye on your balance for the rest of the month, as charges tend to come out of your account about 2-3 weeks later and can send you overdrawn again if you haven't budgeted for it.