We have a largish credit limit (almost $30k) on our Aus cards. Last year, we ran over that limit accidentally, and had no idea until a LETTER arrived asking us if we’d mind doing something about it. No charges, no nothing.
Earlier this year, not overdrawn but due for payment with a lesser but still reasonable amount owing, (we pay out the total amount owing every month) we were six hours late (woke up the day after payment was due and immediately transferred the balance). - $200 thanks very much!
Now all of that is fair game, it hursts, but we know the rules and we broke them…I feel sorry for the poor buggers who are constantly maxed out and don’t understand that though.