Arranged Overdrafts

A safety net on
your current account

We offer 3 types of Arranged Overdraft

An Arranged Overdraft is when we agree to a limit that allows you spend a bit more money than you have in your current account.

New Arranged Overdraft

When you need a bit of 'wriggle room' until payday

You only pay interest and fees if you use it

Interest-free buffer depending on the current account you have

Get an instant decision if you bank online with us

Available to eligible Royal Bank of Scotland current account customers, UK residents aged 18 or over. Subject to lending criteria.

Student Arranged Overdraft

Could be helpful if you’re living on a tight budget

Interest-free overdraft up to £2,000 (£500 in first term)

Get an instant decision if you bank online with us

 

Available to Royal Bank of Scotland Student current account customers, aged 18 or over, who've lived in the UK 3+ years. Subject to lending criteria.

Graduate Arranged Overdraft

A little help when you enter the world of work

Interest free overdraft up to £2,000 (for your first year)

May be ideal for short-term borrowing

 

Available to eligible Royal Bank of Scotland Graduate current account customer, UK residents aged 18 or over. Subject to lending criteria.

Change your existing overdraft

Increase your limit

If you find that you’re getting pretty close to your overdraft limit every month, you might find it helpful to increase it.

Decrease your limit

If you don’t need all your limit, you can decrease it. Bear in mind, if you go over your limit, an Unarranged Overdraft could cost more.

Cancel your overdraft

If your overdraft sits there being idle and you don’t want it anymore, it’s simple to cancel.  Bear in mind, you wont be charged if you don't use your Arranged Overdraft.

Useful info about an Overdraft

Something else we can help you with?