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Find the best Current Accounts with Overdrafts

Compare six of the best current accounts offering the lowest EARs on overdrafts. We independently compile information on pre-agreed overdraft facilities and fees.
CompanyAccountAuthorised EARUnauthorised EAR
Citibank

Plus Current		Citibank Plus Current16.90% 29.80%
Representative Example: Based on an overdraft limit of £500 charged at 16.90% EAR Variable. Overdraft fee of £0.00.
Norwich & Peterborough BS

Gold Classic Current Funded		Gold Classic Current Funded17.90% 17.90%
Representative Example: Based on an overdraft limit of £500 charged at 17.90% EAR Variable. Overdraft fee of £5.00 Per Month.
Yorkshire Bank

Current Account Plus Age 18 and over		Current Account Plus Age 18 and over18.85% 29.99%
Representative Example: Based on an overdraft limit of £500 charged at 18.85% EAR Variable. Overdraft fee of £0.00.
Nationwide BS

FlexAccount Funded		FlexAccount Funded18.90% 18.90%
Proceed
Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00.
The Co-operative Bank

Current		Current18.90% 18.90%
Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00.
smile

Current		Current18.90% 18.90%
Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00.
Last Updated: Tuesday 21 May 2013 13:35
Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.

Moneyfacts.co.uk Limited is an independent credit broker. We will receive a payment from credit providers where customers link to them from Moneyfacts.co.uk. None of these arrangements affects our independence.

 

What is an Overdraft Account?

Many current accounts offer overdraft facilities.

If you have arranged for an overdraft facility on your bank account, you will be charged what is called an authorised overdraft rate. You agree an amount up to which you can go overdrawn and will be charged the authorised rate if you remain within this authorised limit.

If you have not arranged an overdraft facility or have exceeded your authorised limit, you will be charged interest at the unauthorised overdraft rate. This rate can be much higher than the authorised rate. You may also be charged a fee for being overdrawn.

Visit our bank accounts with benefits section to find 'packaged' accounts offering a bundle of benefits, some of which also include an overdraft facility.