Overlay
New arranged overdraft

A short-term safety net
for your current account

Representative 39.49% APR (variable)

See how a Royal Bank of Scotland overdraft could help

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.

Only pay interest if you use it. No fees

Apply with ease

  • It takes around 5 minutes to apply through Digital Banking
  • We'll make things easier by filling in the bits we already know about you

Get your funds quickly

  • If your application is successful, you’ll normally have the funds available on the next working day. But there are some exceptions.
  • Get text messages to keep an eye on your balance

Check your eligibility

Use our eligibility checker to find out if you'll be accepted before you apply. It won't harm your credit rating and it takes just a few minutes.

Features and benefits

Before you apply

Overdrafts explained

We know it’s not always easy to understand overdrafts, so we’ll keep you right by explaining the difference between arranged and unarranged overdrafts. The first thing to know is that both types will cost you money in interest when you use them. But there are other differences too.

Arranged overdrafts

An arranged overdraft allows you to go overdrawn up to an agreed limit. This type of borrowing can help if things are a wee bit tight and pay-day feels a long way off.

Unarranged overdrafts

An unarranged overdraft is when you spend more money than you have in your bank account and you don’t already have an arranged overdraft in place, or when you exceed the arranged overdraft limit you already have on your account.

If you're accepted

Manage your overdraft easily, wherever you are

You can use our mobile app or digital banking services to see your balance or change your overdraft limit at a time that suits you.

Text alerts to keep you on the straight and narrow

Our free text alerts help you to keep an eye on your spending.

How much does my overdraft cost in pounds and pence?

Here we can show you an example of the interest cost when you use a £500 arranged overdraft.

Find out how much interest you're likely to pay

Our cost checker tool allows you to see how much interest you’re likely to pay based on how much you plan to borrow, and how regularly you want to use it.

Get ready to apply

You can apply for an overdraft if you:

First, let's check if you're eligible

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. 

Now, please take a look at these important documents

Please take some time to review, print and/or save the below important documents.

All okay? Let's get started.

Our online application is available between 6.30am and 9.45pm

Do you have Digital Banking with us?
You'll need to have Digital Banking to apply for an overdraft online. If you don't, we'll help you sign up easily in just 5 minutes. Remember, you could use our mobile app to apply if you're already set up. Remember, you can also apply through our mobile app (criteria apply).

You're ready to go

Just a heads up - here's what you'll need:

  • Your Digital Banking login details
  • Your address details for the last 3 years
  • Your income, outgoings and employment details

Let's get you set up

You'll need to sign up for Digital Banking with us in order to apply for a new overdraft online. The good news is that it normally takes only 5 minutes. If you need a hand, follow our step-by-step guide below.

What you'll need:

  • Your sort code and account number
  • Your Royal Bank of Scotland debit card, if you have one

Once you’ve registered, select ‘Next’ to log in and apply for an overdraft.

You're ready to go

Just a heads up - here's what you'll need:

  • Your Digital Banking login details
  • Your address details for the last 3 years
  • Your income, outgoings and employment details

Let's get you sorted

You’ll need your customer number, Digital Banking PIN and password to apply online. Choose from one of the options below and we'll help you on your way.

Once you're sorted and have new details, select 'Next' below to apply for a new overdraft. 

You're ready to go

Just a heads up - here's what you'll need:

  • Your Digital Banking login details
  • Your address details for the last 3 years
  • Your income, outgoings and employment details