If you don't need all your overdraft limit, you can decrease it
Decreasing your overdraft won’t take long
If you’ve got an Arranged Overdraft limit that you feel is too high and you really don’t need that amount of flexibility on your current account, we’ll show you how to decrease it.
Things to keep in mind…
If you reduce it too much, you might go into Unarranged Overdraft. Here’s an example for an Unarranged Overdraft costs.
Unarranged Overdraft usage fee
Unpaid transaction fee
Monthly Maximum charge
Interest charge depending on account
How to decrease your Overdraft limit
Ready to decrease?
Our online application is available between 6.30am and 9.45pm