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Thread: Overdraft vs Credit cards

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    Overdraft vs Credit cards

    I am not exactly drowning in debt, but hace two credit cards RCS and FNB. I make my payments and FNB wants to increase my overdraft. Is it worth taking the overdraft and killing my credit cards? Obviously have a lower interest rate than the CC's...or should I just grit my teeth and not buy anything till it's paid off...

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    Funny story. I was checking over the interest rates on all the credit products I've got a couple of months ago - I've got a lower interest rate charged on one of my credit cards than on the business overdrafts.
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