Why am I being charged for using my overdraft?

If you were overdrawn before 22 March 2020, you’ll still have to pay a daily fee.

We changed the way we charge for arranged overdrafts on 22 March, from a daily fee to a rate of interest.

There’ll be a notification on your statement about 20 days before the charge is debited from your account. Any overdraft charges will be daily fees and not interest payments.

To support you during the current coronavirus situation, we won't be charging any interest on personal current accounts between 27 March and 30 April 2020.