Coventry Live. Martin continued: "And as many banks have reintroduced their 40 percent overdrafts, if that means you’ll pay more, and you’re struggling due to the financial impact of coronavirus, speak to your lender to get it lowered."We are seeing banks introduce those 40 per cent overdrafts now so if you are paying more than you were before April, because of that 40 per cent overdraft and you are impacted by the pandemic, get in touch with your bank."Say 'no, you can't do that.