Our clear, simple and fair overdraft puts you in control

  • Daily arranged overdraft fees make the cost of borrowing clear
  • No other overdraft or missed payment fees
  • Free mobile alerts to help avoid any surprises
  • Instant decision when you apply online

An overdraft can be a great way to borrow money on your bank account in the short term, giving a handy safety net for those unexpected bills and payments, forgotten direct debits, or when you just need a bit more to last you until payday.

Overdrafts are offered subject to status, and are repayable on demand including any fees.

Overdrafts are intended for short term borrowing on your bank account. For longer term borrowing, other borrowing options may be more suitable.

Apply for an overdraft

We offer an instant online decision and the application won't have an impact on your credit score.

Apply now

Manage your existing overdraft

Apply online to increase, decrease or cancel your arranged overdraft at any time. This won't have an impact on your credit score.

Manage now

Don't have a bank account with us yet?

We offer a range of bank accounts to suit different needs.

Compare our bank accounts

How much do overdrafts cost?

You’ll only pay a daily arranged overdraft fee if you borrow over your fee-free amount (if your account has one). The daily arranged overdraft fee is 1p for every full £6 you borrow up to £1,250, 1p for every further full £7 you borrow between £1,250 and £2,500, and then a further 1p for every full £8 you borrow over £2,500. If you go overdrawn by less than £6, there’s no fee to pay.

No other fees

If you miss a payment or go over your limit, we will not charge any additional fees on top of the daily arranged overdraft fee.

If you reach your agreed overdraft limit you may not be able to make any more payments, and you may be charged by the intended recipient.

Mobile alert service to help you track your balance

Our mobile alert service lets you know when you get close to using your overdraft, and near your agreed overdraft limit.

Fee free amounts on selected accounts

An account overdrawn by £500 over the fee-free amount (or with no fee-free amount) would pay a fee of 83p per day. Calculated at 500 divided by 6 = 83, equal to 83p per day..

Our Ultimate Reward Current Account includes a £300 fee-free limit, allowing you to go overdrawn up to that limit without having to pay any daily arranged overdraft fees.

Representative example – For Ultimate Reward Current Accounts – if you use an arranged overdraft of £1,200, then we’ll charge you a daily arranged overdraft fee of £1.50. For Ultimate Reward Current Accounts, the daily arranged overdraft fee on the first £300 is 0p.

If you have an Ultimate Reward Current Account and have added Reward Extras to your account, you won't get your monthly £5 offer if your balance is below £0 by the end of any day during that month.

Our Student Current Account comes with a fee-free overdraft limit of up to £1,500.