What is arranged overdraft interest?

If you have arranged an overdraft facility with us in advance and you use this facility within the thresholds for your account type, you will not pay any interest.

If the amount you go overdrawn under an arranged overdraft facility exceeds these thresholds, you will pay interest on the overdrawn balance beyond the threshold amount.

To confirm the arranged overdraft interest free thresholds for your account type, please refer to our current account rates and fees.