You haven’t listed any accounts to check to see if they have a debit balance. In an ideal world, all of your accounts should be in credit. With a credit balance you have a degree of control over your financial affairs. • What is the benefit of being in credit? With a credit balance you won’t be getting charged interest on an overdraft, it means that you can spend money when you like and that there will be no difficulties with honoring direct debits or standing orders. In a current account you are likely to receive a low rate for interest for being in credit so it’s unwise to build up too much credit in that type of account. Having a credit balance also helps your credit score, which should make it easier for you to get credit should it be required at a later date. • Is there a benefit in being in debit? Provided that you are well within your overdraft limit, there is no real problem or difficulty with being in debit, you should be aware, however, that your bank may change your overdraf