Invest the an arranged overdraft, you are able to later on ask us to improve, reduce or eliminate your limitation at any moment online, by phone or in a branch.
If you end your overdraft youвЂ™ll have to settle any amount that is overdrawn any interest owed. If you would like lessen your restriction, youвЂ™ll first need certainly to be sure you bring your borrowing down inside the brand new restriction.
To learn more, see our overdrafts web web page to purchase down if youвЂ™re eligible and cost calculator that is overdraft.
When you start your account, youвЂ™ll have the choice of experiencing an arranged overdraft. You can easily set your arranged overdraft limitation to your quantity as much as the utmost offered.
Initial ВЈ25 is interest free. What you borrow above that but inside your arranged or unarranged overdraft limitation would be charged interest at 39.9per cent EAR. 7
The month-to-month limit on unarranged overdraft interest is ВЈ20.
Some tools are had by us to assist you to avoid groing through your arranged overdraft. If you’ve provided us your mobile number, we are going to send you a text alert in case a re payment will probably simply simply simply take you into an unarranged overdraft. We will additionally deliver that you text alert if there wasnвЂ™t enough money available in your bank account to help make a repayment.
Representative instance: 0% EAR adjustable in the very very first ВЈ25, 39.9% EAR variable on any such thing above that, providing a rate that is representative ofper cent APR adjustable (assumed arranged overdraft ВЈ1,200).
Overdraft text alerts
WeвЂ™ll give you overdraft text alerts in the event that youвЂ™ve utilized or are due to use an arranged or overdraft that is unarranged your account. Continue Reading