Only pay interest if you use it. No fees
- No usage fees or other charges
- You only pay interest if you use the overdraft
An arranged overdraft allows you to borrow money up to an agreed limit on your bank account. So if things are a wee bit tight and pay day feels a long way off, it could be a good way to bridge the gap short-term.
Remember that overdrafts are a way of borrowing money and you’re responsible for repayments if you decide to use one. If you aren’t able to repay what is owed, you could impact your credit score, which most lenders use to decide whether they’ll lend to you.
You can apply for an overdraft if you:
Use our free eligibility checker before you apply to see if you’re likely to be accepted. It only takes a few minutes and there’s no impact on your credit score.
If you've already checked, you're good to move on below.