[Xaccers]

HSBC have got sneaky now.
My gf recieved a letter today with new information about their overdrafts.
They now have two types:
Formal where you go in an request an overdraft
Informal where if you have insufficient funds for a transaction, they can extend your overdraft for you for 31 days.
You can have 1 change to your overdraft in a 6 month period free, any more and there's a £25 admin charge.
If you go over by less than £10 however, there's no fee.
They also won't charge you more than what you go over (so if you go over by £11, you'll have a £11 fee, interesting as why would it cost £11 to set up an £11 extension to your overdraft but £25 for a £40 extension?)

So instead of charging you for an unauthorised overdraft, it's now an admin fee for giving you an authorised extention to your overdraft.

Incidently, if you put money in on the same day as you go overdrawn, you won't be charged.

Now I don't know about you, but I don't think these changes are too unreasonable (although I'm not sure about £25 for an admin fee, although they do say "may be charged" rather than will) but it's obviously an attempt to protect a lucrative income through charges.