Overdraft cost calculator

See how much using an overdraft could cost you




Completed: Your overdraft
Current: Your results
Completed: Your overdraft
Current: Your results


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Coronavirus temporary support
If you have an overdraft on your account, we’ll automatically waive interest on up to the first £500 of arranged overdraft interest on current accounts between 6 April and 9 July 2020. If you use more than £500 of your overdraft, we’ll charge the standard interest rate of 9.40% EAR (variable) on the amount you borrow above £500. The overdraft cost calculator doesn’t account for these changes and is representative of charges detailed on our rates and fees page. For more information please visit our overdraft FAQ page

Important information
The calculations don’t include any monthly fee for maintaining the account.

How much does my overdraft cost in pounds and pence?

To help you understand the cost of an overdraft in pounds and pence, the table below shows how much the cost of borrowing £500 through an arranged overdraft costs for each of our products. If you borrow more than this or for a longer period, the cost will be proportionate and may be higher.

 For 7 daysFor 30 daysFor 60 days
Cost of borrowing £500 through an overdraft£0.86£3.71£7.42

These illustrations assume you’re £500 into an arranged overdraft from the first day of the period of illustration, you don’t make any withdrawals or deposits, your statement period starts on the first day of the period of illustration and the period of illustration starts in a 30 day month.

Overdrafts depend on your circumstances and you must repay an overdraft when we ask in line with our General Terms and Conditions. Acceptance isn’t guaranteed. Accounts which don’t offer an overdraft aren’t included in the calculator.

If you’re struggling financially, visit our money worries page for information about how we, and others, may be able to help.