Authorized discovered fortuneo: Know everything

Increased in Fortuneo:
Conditions

How to benefit from the overdraft authorization ?

You can have an overdraft authorization of € 200 when opening your account by following the instructions provided for this purpose in the subscription route (1).

You can also request an overdraft authorization or the modification of your authorization after your account opening.

If necessary, to make your request, you just have to send us the form completed, dated and signed, to find in your customer area section form> “bank account”> “account management”> “request for an authorization to overdraft »

• By mail at the following address: Fortuneo – TSA 41707 – Rennes Cedex 9 or
• as an attachment of an email via the “Contact” section of your “customer access”. To make your request by e-mail, select the reason “Carry out an operation” then select “Banking account” and finally “Authorization request”.

Terms to set up your overdraft authorization requested after the opening of your account:

1 . You make your request;

2 . Your request is studied by our services and you receive your contract by e-mail if it is validated;

3 . If you consent, you send this signed contract to us as an attachment, in response to the e-mail you have received;

4 . The establishment of your overdraft authorization will be effective within 15 calendar days after the date of signing the contract.

To note : Any request for setting up an overdraft authorization greater than 200 euros or modifying the amount of your overdraft authorization will only be possible from 6 months of the actual opening of your account banking (subject to acceptance of the request by Fortuneo).

(1) Fortuneo reserves the right, for customers with a bank card, granting an authorized overdraft, the amount of which is a maximum of € 200. Operating conditions and financial conditions are mentioned under the Conditions General Fortuneo and under the pricing conditions in force of Fortuneo.

Authorized discovered fortuneo: Know everything !

You are looking for information on Discovered Fortuneo ? You are in the right place �� !

Fortuneo allows customers with a Gold Mastercard or World Elite Mastercard bank card to obtain an authorized discovery of € 200 by default when they opened their account. What is the rate of the Fortuneo overdraft ? How to increase your discovery at Fortuneo ? Discover our file devoted to the authorized overdraft at Fortuneo !

We start with a summary table on the overdraft authorized at Fortuneo: ��

Discover Fortuneo:
In summary

What an overview of Fortuneo ?

The overdraft at Fortuneo is a maximum of € 200 by default. Upon subscription, new Fortuneo customers can apply for cash facilities. However, for customers with an Fosfo card, the Fortuneo overdraft can only be asked for 6 months of seniority. This overdraft is accessible to all profiles, but Fortuneo reserves the right to grant or not the authorized overdraft.

This overdraft is accessible to all profiles when opening a bank account for holders of a Gold or World Elite card, but Fortuneo also makes it possible to make the request after subscription.

To do this, it is necessary to fill out the dedicated form and send it by email or by mail. To benefit from a Fortuneo overnight over € 200, it is imperative to wait at least 6 months after the effective opening of a current account within the online bank. Again, obtaining the overdraft is subject to acceptance of the request by Fortuneo.

�� At Fortuneo, the interest rate applied to the authorized overdraft is 7%. If the customer exceeds the authorized overdraft, he will have to pay interest at the rate of 16% for an unauthorized overdraft. The intervention committee remains free. Only discharges will be billed. It takes € 20 by direct debit rejection higher than € 20, € 30 for a check for check less than or equal to € 50 and € 50 for a check greater than € 50.

Authorization discovered Fortuneo: the FAQ !

You wish to obtain information on the authorization of Discover Fortuneo and the Agios ? You would like to know the rate of overdraft at Fortuneo ? You wonder how to increase your overdraft at Fortuneo ? All the answers are in our FAQ !

�� What are the expenses of the overdraft at Fortuneo ?

Here are the expenses of the overdraft at Fortuneo ::

• Payment Incident
• Sample rejection
• Check
• Interest rate of 7%

The rejection fees amount to € 20 for a direct debit rejection, € 30 for a check rejection of less than € 50 and € 50 for a check rejection of more than € 50. In the event of an overdraft, Fortuneo does not take lump sum agios from its customers. Only the interest rate is applied according to the amount and duration of the overdraft. The intervention committee is also free, as is the newsletter in the event of an unauthorized debtor account.

�� The expense costs at Fortuneo are therefore reduced to a minimum, in particular compared to traditional banks. The latter apply much higher interest rates (on average around 15%) as well as agios that significantly increase banking costs for customers in an overdraft. In summary, Fortuneo only punctuates costs in the event of a direct debit or check rejection, and does not apply agios of Fortuneo.

�� What is the rate of overdraft in Fortuneo ?

The rate of overdraft at Fortuneo is 7%. This rate applies only to the authorized overdraft. Unlike other banks, you should know that no minimum lump sum agios is applied by Fortuneo in the event of an authorized overdraft. Fortuneo clients who benefit from an overview authorized by online bank will therefore only have to pay interest applied to the amount and duration of their overdraft.

The rate of the authorized Fortuneo overdraft is among the lowest on the market, especially compared to traditional banks. Online banks apply a rate generally between 7% and 8%, while traditional banks have much higher rates, around 15% for the authorized overdraft.

�� As a rule, agios are also applied as soon as the customer finds himself in an overdraft. Fortuneo therefore remains one of the most attractive online banks in terms of costs related to the authorized overdraft since only the interest rate of 7% is applied.

�� What costs in the event of an overcoming of overdraft in Fortuneo ?

The costs in the event of an overcoming overdraft authorized at Fortuneo are 16%. The authorized overdraft allows you to benefit from a cash facility in the event of an insufficient balance on its current account. When the customer exceeds this authorized amount, the costs punctuated for unauthorized Fortuneo discourse therefore amounted to 16%. In addition, online banking can no longer accept certain operations such as samples or checks, and punctuate rejection fees between € 20 and 50 €.

Here are the costs applied by Fortuneo in the event of an unauthorized overdraft ::

• Interest rate: 16%
• Rejection of a direct debit: 20 €
• Rejection of a check of less than 50 €: 30 €
• Rejection of a check of more than 50 €: 50 €
• Intervention committee: free
• Unauthorized discovery newsletter: free

�� How to request an overdraft authorization from Fortuneo ?

Here’s how to ask for an overdraft authorization from Fortuneo ::

1. Fill out the dated and signed form
2. Go to the customer area
3. Click on “Contact us” then “Perform an operation”
4. Choose “Banking account”
5. Select “Outdoors Authorization Request”

The request for authorization to overdraft Fortuneo can be carried out as soon as the current or a posteriori account is opened. If the customer wishes to have a cash register of 200 € upon his subscription, he must make the request by following the instructions at the opening of his account. To make this request after opening his Fortuneo account, the Customer must fill out the dedicated form and then send it to Fortuneo.

�� The process can be carried out by mail or directly by email via the customer area of ​​the online bank. Fosfo customers will have to wait 6 months after the effective opening of their Fortuneo account to request a cash facility. Thanks to very effective fortuneo remote banking services, the steps are very simple and quick.

�� What are the conditions for obtaining an overview of Fortuneo ?

No condition must be fulfilled to obtain an overdraft authorization at Fortuneo. The default authorization by default of € 200 is intended for all Fortuneo profiles. The online bank reserves the right to grant or not to grant this cash register to the Customer or not. To benefit from an authorization for Fortuneo overdraft, the customer must request it upon subscription by following the instructions in the account of account opening. If this has not been registered, it is possible to make the request later.

Here are the minimum income to be observed to obtain a higher fortuneo overdraft: ��

Increased in Fortuneo:
Conditions

�� It is also possible to request an increase in Fortuneo overdraft. To do this, it is necessary to wait at least 6 months after the effective opening of the Fortuneo current account. No approach may succeed if this period is not respected. The request is made by email or by mail. To obtain an increase in his authorized overdraft, Fortuneo imposes minimum income conditions which depend on the authorized overdraft desired.

�� How to increase your discovery in Fortuneo ?

Here’s how to increase your discovery at Fortuneo ::

1. Open a Fortuneo account
2. Wait 6 months of seniority
3. Respect income conditions
4. Fill out the dedicated form
5. Send it by email or mail

To increase your overdraft at Fortuneo, it is necessary to be already a customer of the online bank for at least 6 months. This period is compulsory to be able to request an increase in the authorized Fortuneo overdraft.

�� The process is done online via the customer area or by mail, by filling out the dedicated form. Once the form has been sent, the online bank studies the request and then sends a contract to the Customer if it is validated. The contract must be signed by the Fortuneo client and then returned. The overdraft authorization is then effective 15 days after signing the contract.

�� How to know his authorization to overdraft Fortuneo ?

To find out his authorization to overdraft Fortuneo, you must consult your bank account agreement given to the opening of account. You should know that when opening a Fortuneo account, no overdraft authorization is implemented by default. The customer must imperatively request it to the subscription to be able to benefit from it. If the customer has not made an authorized overdraft request, there is therefore no right.

�� The request can be carried out on the subscription or after having opened your account by following the instructions issued by the online bank. If an authorized overdraft is set up by Fortuneo, the customer can find all the information relating to his overdraft in the contract dedicated to the overdraft authorization. In case of doubt, the Customer has the possibility of contacting a Fortuneo advisor to find out the amount of his authorized overdraft and the associated methods.

�� How to deactivate the Discovery at Fortuneo ?

To deactivate the Discovery at Fortuneo, it is necessary to make a written request and signed by e-mail. To transmit your wish to delete your overdraft at Fortuneo, it is recommended to take the procedures from your online customer area. If necessary, customers also have the possibility of reaching an advisor by phone, via social networks or e-mail.

�� However, note that it is compulsory to provide a written and signed document to activate the deletion of the authorized overdraft at Fortuneo. Once the request has been recorded, customers no longer have a cash register. If necessary, you must make a request online or by mail to activate the authorization to overdraft at Fortuneo. For any authorized overdraft over € 200, income conditions are required by online banking.

�� What consequences in the event of an unauthorized overdraft in Fortuneo ?

Here are the consequences in the event of an unauthorized overdraft at Fortuneo are a passage from the interest rate from 7 to 16% and a risk of direct debit and check rejection. The unauthorized overdraft is engaged as soon as the threshold of the authorized Fortuneo overdraft is exceeded. In the event that the Customer does not benefit from an overdraft authorization, the bank account enters into an unauthorized overdraft from the first Euro debtor.

�� You should know that no minimum lump sum is implemented by the online bank. Please note, the overdraft authorized by Fortuneo will not be able to exceed 30 consecutive calendar days. This means that if the customer is uncovered for more than 30 days, he will find himself in an unauthorized overdraft situation. We therefore advise customers a controlled budget management to avoid accumulating bank charges.

Fortuneo discovered: in conclusion !

At Fortuneo, an overview of € 200 is authorized by default. To benefit from it, the customer Gold or World Elite must request it to the subscription or after the opening of account via a dedicated form. Fosfo customers also have the possibility of taking advantage of this cash facility after 6 months of seniority. Fortuneo applies a rate of 7% in the event of an authorized overdraft and 16% for an unauthorized overdraft. Online bank does not charge lump sum agios.

Here is the procedure to ask for a Fortuneo overdraft:

1. Fill out the dedicated form
2. Connect to the customer area
3. Go on “contact us” then “perform an operation”
4. Click on “Banking account”
5. Choose “Authorization request for an overdraft”

A suggestion or a remark on the Fortuneo overdraft ? Put us a little comment, we will be happy to answer you or bounce back on your remarks ! ��