Overdrafts.

Our clear, simple and fair overdraft puts you in control

  • If you use your arranged overdraft, you’ll pay a daily arranged overdraft fee 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.
  • No other overdraft or missed payment fees
  • Free mobile alerts to avoid any surprises
  • Instant decision when you apply online

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 planned 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.

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What is an overdraft?

An overdraft is 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.

How much do overdrafts cost?

If you use your arranged overdraft, you’ll pay a daily arranged overdraft fee 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.

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 fee.

Mobile alert service to help you track your balance

Our mobile alert service warns you when you get close to using your overdraft, or near your agreed overdraft limit.

Fee free amounts on selected accounts

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 fees.

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

Keep in mind

To get an overdraft, you need to pay in your salary or other regular funds into your bank account.

  • If you reach your agreed overdraft limit you may not be able to make any more payments, and the supplier may charge you.
  • You must be aged 18 or over to apply.
  • Overdrafts are offered subject to status, and are repayable on demand including any fees.

Other borrowing options:

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