Best way to clear overdraft?

[mitchb]

i started my new job yesterday so i havent provided any bank details yet. but my plan is to put the money into a different account and transfer monthly to the O'D account.

Something it doesn't mention which is also worth a try is calling your bank and telling them you're struggling with money, quite often banks will make allowances and freeze interest payments if you agree to a repayment plan.

Dont know your details m8 but if youve not had money going into the account recently then Mules advice seems spot on

[darkstar]

change your Halifax account to the ultimate reward card costs u £12 a month but you don't get charged by the day to be in your overdraft plus if you have mobile phone insurance and car breakdown insurance these are both covered with them so u can cancel your old ones thus saving yourself money on them

[Brydo666]

change your Halifax account to the ultimate reward card costs u £12 a month but you don't get charged by the day to be in your overdraft plus if you have mobile phone insurance and car breakdown insurance these are both covered with them so u can cancel your old ones thus saving yourself money on them

I was going to suggest the same thing here.

Upgrade to Ultimate Reward which is £12 a month, you then get the first £300 of your OD for free. If you pay over a grand into the account (Your wages) then you'll get £5 reward for your Ultimate Reward account making it £7 a month.

As you get the first £300 free, you'll only be charged when you go into the remaining £150 (Few days at end of month?).

As above, the £7 you'll pay covers some benefits.

[EvilBoB]

If you want to cut down your overdraft speak to your bank. Ask them to lower it by £10 or £20 a month or whatever you can afford. It will come down pretty quickly and you will probably not even notice.

I did that recently to lower my overdraft (Although my overdraft is substantially more than yours lol). The bank were more than helpful in sorting it out for me.

[Over Carl]

I thought the answer should be obvious to anyone.

Decide how much of a priority this is to you. Look at your expenses. Anything that's a lower priority than this gets binned if possible and money diverted. How quickly this plan works depends on how high priority it is to you.