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Coronavirus overdraft calculator

What it’ll cost if you apply for temporary support

How we’re helping with interest charges

If you have or expect to have temporary financial difficulties because of the coronavirus situation, you can apply until 31 October 2020 for additional support with your overdraft.

For two months from the date we finish looking at your application

  • We won’t charge interest on the first £500 of your arranged overdraft
  • We’ll charge any balance higher than £500 at a lower annual rate of interest (EAR) of 19.51%

We’re also capping interest charges at £90 per monthly charging period, for people with an overdraft on a personal current account, until 31 October 2020 or when your two months of additional support ends if this is later.

This calculator will help you work out how much you’ll be charged with this support. You can use our standard overdraft calculator to work out charges on your accounts without this support.

Coronavirus overdraft calculator

Daily fees - overdraft balance

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Breakdown of Charges

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Unarranged borrowing

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Representative example

How does our overdraft compare?

Unarranged Overdrafts

day days % Interest free Year Up to Over All borrowing