It’s now easier to see how much it costs when you use an overdraft. Here you’ll find information about all the changes and what they mean for you, and you can watch our helpful video to see how the changes work.

What has changed

We've changed the way we charge you for using an overdraft. Now, you'll pay one daily overdraft fee based on how much of your planned overdraft you use. These changes may help you to stay on top of your money, with daily overdraft fees shown in your statement - and mobile alerts sent to your phone.

If you only need to borrow in the short-term, an overdraft could cost you less with the new fees. Click each point below to find out more.

New daily overdraft fee - 1p for every full £7 you borrow each day

Check how much your fees might be

The daily overdraft fee will be 1p for every full £7 you borrow each day. We'll round down the amount you pay fees on.

Overdraft fee calculator

You can work out how much you can expect to pay by trying our simple fee calculator. Learn how we can help you keep on top of your bank balance every day.

Manage your overdraft now

If you use online or mobile banking you can apply for a new overdraft, apply to increase, reduce or cancel your overdraft whenever you need to with an instant online decision. You can also manage your overdraft over the phone or in branch.

Please note all overdrafts are subject to our assessment of your circumstance and are repayable in full on demand. You must be aged 18 or over to apply.

Sign in and manage now