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| Name | How overdrafts work | ASB |
| Video Uploader | Video From ASB |
| Upload Date | This Video Uploaded At 06-12-2015 22:52:58 |
| Video Discription | If you want to learn about overdraft accounts check out our video on how overdrafts work. An arranged overdraft is when your bank lets you spend more money than you have in your account - up to an agreed overdraft limit. A bank overdraft can be helpful if you've got small expenses to cover or if you're a bit short of cash until you next get paid. You can apply for an overdraft on your existing bank account, and you have control over your overdraft limit based on the amount you choose to apply for and how much you're approved for. When you apply for an overdraft there are usually overdraft fees that you need to be aware of, such as a set-up fee or monthly fee. You'll need to pay back your overdraft and you'll need to pay interest as well, so paying it off quickly is a good idea. With an ASB Tertiary, job starter's or Graduate package, you could get an interest-free overdraft. An ASB arranged overdraft can be a helpful way to manage unexpected expenses or times when you are short of cash. For other ideas, check out more ASB money tips http://asb.co/asbmoneytips https://www.facebook.com/ASBBank https://twitter.com/ASBBank Read more about overdrafts here: https://blog.asb.co.nz/posts/2016/03/how-overdrafts-work.html |
| Category | Education |
| Tags | ASB | ASB Bank | How overdrafts work | overdraft | bank overdraft | overdraft limit | what is an overdraft | overdraft fees | overdraft account | interest free overdraft | how to get an overdraft | apply for an overdraft | arranged overdraft |
