How to keep your arranged overdraft interest as low as possible

Repay any overdraft as soon as possible
Register for Mobile Banking to manage your account on the move
Update your mobile number to receive alerts when you are being charged daily arranged overdraft interest, so that you stay on top of your finances
Check your balance after pending on the internet, by phone or through a cash machine to make sure you’ve enough money in your account to pay everything due. The money in your account must be available to withdraw – for example, you must wait for any cheques you’ve paid into your account to be available
If you go into your arranged overdraft in the course of a day, make sure you repay your arranged overdraft by the end of the day to avoid paying the daily arranged overdraft interest for that day
If a direct debit payment is due at a difficult time in the month for you – for example, just before you get paid – contact the company and ask them if they’ll collect it at a more convenient time.
Check your statements and make a list of the dates of your direct debits, standing orders and other regular payments – for example, mortgage, loan or rent
Keep a record of any cheques you write and when they have been paid, so that you know how much money is left in your account. Someone can pay a cheque into their account up to six months after you’ve written it.

Keep an eye on your balance and keep your arranged overdraft interest as low as possible.

Direct debits, standing orders, cheques and debit cards all make life easier. Making sure you’ve enough money in your account to cover these payments will help you to keep any arranged overdraft interest as low as possible.

If you bank online with us, you can transfer money from other accounts up to midnight to avoid daily arranged overdraft interest for that day. For other amounts you pay into your account – for example, cheques or payments made at a cash machine – you’ll need to allow time for the money to reach your account. For cheques this can take several days.

It’s easy to check your account balance. You can do it 24 hours a day online, by phone or from a cash machine. Or call into one of our branches during normal working hours.