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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Your results

APR cost for comparison

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Important information

  • An overdraft should be used for short-term borrowing or emergencies e.g. for that unexpected bill.
  • When you use your overdraft, you’re getting into debt.
  • If you need to borrow money, there might be cheaper ways to do it. It’s important to always find the cheapest way to borrow.

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.

Tips for using your overdraft:

  • Keep track of your spending through Online or Mobile banking
  • Don’t go over your arranged overdraft limit
  • Stay up-to-date with any changes to your current account or overdraft, including fees 
  • Remember that anything you spend from your overdraft will need to be paid back

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