Bank Accounts with Overdrafts - Best Overdraft | moneyfacts.co.uk

Bank Accounts with Overdrafts

  - You should always avoid expensive overdraft fees. Compare these interest free buffers and look for overdrafts with the lowest costs.

Compare the Best Accounts with Overdrafts

Compare
Up to 3 products
side by side
Overdraft Rate (EAR)Account FeeAdditional InformationSearch all
147 accounts

15.90%
Fee: £0.00
£10.00 pm
  • No authorised overdraft fees
  • No interest paid on credit balances
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500. Up to £250.00 charged at 0.00% EAR Variable. Over £250.00 charged at 15.90% EAR Variable. Overdraft fee of £0.00 Per Request.

15.90%
Fee: £0.00
None
  • Low authorised overdraft interest rate
  • No interest paid on credit balances
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500. Up to £100.00 charged at 0.00% EAR Variable. Over £100.00 charged at 15.90% EAR Variable. Overdraft fee of £0.00 Per Month.

14.60%
Fee: £0.00
None
  • No funding requirement. No overdraft fees
  • No credit interest and no account benefits
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 14.60% EAR Variable. Overdraft fee of £0.00 Per Month.

15.94%
Fee: £0.00
None
  • Switch for interest free overdrafts for first 3m
  • No interest paid on credit balances
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 15.94% EAR Variable. Overdraft fee of £0.00 Per Month.

18.90%
Fee: £0.00
None
  • Cashback on operating account
  • No interest free overdraft buffer
  • Monthly funding of £800 required
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00 Per Month.

18.90%
Fee: £0.00
None
  • Credit interest paid and Clubcard points awarded on card purchases
  • Internet applications only
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00 Per Month.

18.90%
Fee: £0.00
None
  • Existing customers who refer a friend both receive £100 when switching completed
  • Must fund account at least £750 each month
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00 Per Month.

19.90%
Fee: £0.00
None
  • No authorised overdraft fees
  • £500 per month funding requirement
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 19.90% EAR Variable. Overdraft fee of £0.00 Per Request.

12.50%
Fee: £6.00 Per Month
None
  • Credit interest payable up to £2,000
  • Cannot open via internet
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 12.50% EAR Variable. Overdraft fee of £6.00 Per Month.

12.50%
Fee: £6.00 Per Month
£13.50 pm
  • Free worldwide insurance for phones and gadgets
  • No interest on credit balances
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500 charged at 12.50% EAR Variable. Overdraft fee of £6.00 Per Month.
Compare
Last Updated: Wednesday 26 July 2017 14:26

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply online today. Products shown with a yellow background are sponsored products.

Disclaimer:

All overdrafts are subject to the applicant’s status. You may not be offered credit. All rates and fees are subject to change without notice. Please check all rates and terms before borrowing.

Moneyfacts.co.uk Limited is an independent credit broker not a lender. 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.

Read more about how an overdraft works here
 
 
6 of the best high interest current accounts
6 of the best high interest current accounts

At one time, savings accounts were the only sensible place to put your hard-earned cash, but thanks ... More

Beat inflation with high interest current accounts
Beat inflation with high interest current accounts

Figures earlier this week revealed that there are still no savings accounts that beat inflation, but... More

Current account rewards disappearing
Current account rewards disappearing

Dampening activity in the banking sector has started to affect the perks that customers have been ab... More

New current account switching incentives
New current account switching incentives

Yesterday, Halifax announced the return of its popular £125 switching incentive. With HSBC having an... More

3.7m people switched current account since 2013
3.7m people switched current account since 2013

Switching current account has been easier than ever since the Current Account Switch Service was int... More

What is a continuous payment authority?
What is a continuous payment authority?

Don’t confuse a continuous payment authority with a direct debit or standing order. If you do, it ca... More

Current account jargon buster
Current account jargon buster

Trying to find a current account but baffled by the jargon? Use our jargon buster to find about basi... More

7 steps to getting (and staying) overdraft-free
7 steps to getting (and staying) overdraft-free

Get yourself overdraft free by following our practical, seven step guide. You can actually turn a ba... More

Current account from RBS is ‘excellent’
Current account from RBS is ‘excellent’

Royal Bank of Scotland has increased the usage fee for one of its current accounts, but despite this... More

High interest current account stays in the charts
High interest current account stays in the charts

Santander has increased the account fee on its high interest current account, but despite this, it h... More

Tesco Bank removes current account fee
Tesco Bank removes current account fee

Tesco Bank has removed the £5 monthly usage fee on its current account, cementing its standing in th... More

Current account for 11-17 yr-olds gets 5 stars
Current account for 11-17 yr-olds gets 5 stars

Nationwide has unveiled a new current account designed for the younger banker that has scored full m... More

Santander adjusts overdraft fees
Santander adjusts overdraft fees

Santander has reviewed its overdraft charges on its 123 Current Account. As a result, customers who ... More

Close