Wealth Management overdraft pricing
Costs for arranged overdrafts
Arranged overdraft costs
Use our calculator to find out how much it costs to use an arranged overdraft.
Breakdown of overdraft charges
|
Arranged overdraft amount |
Total days used |
|---|---|
|
£0 |
0 |
|
Total Cost of Arranged Overdraft |
|---|
|
£0 |
Representative example
0% interest (variable) payable on arranged overdrafts up to £1,000.
If you use an arranged overdraft above this amount the annual rate of interest is 10.8% (variable).
1.7% APR Representative (variable), based on a £1,200 overdraft balance
Important information regarding this account
The above rates assume the Bank of England Official Bank Rate is 5.25%.
Overdrafts are subject to application, financial circumstances and borrowing history. Arranged overdrafts are repayable on demand.
How does our overdraft compare?
A good way to compare the cost of our overdraft with other ways of borrowing is to look at the APR (Annual Percentage Rate). The APR shows the total cost of borrowing over a year and includes the interest you'll have to pay and any applicable fees.
Unarranged Overdrafts
We don’t offer unarranged overdrafts and will always try to return any transaction that could take your account into an unarranged overdraft. On very rare occasions where we can’t return a payment, and the account enters an unarranged overdraft as a result, we won’t charge additional fees.