Wizard 1 Completed: Your overdraft 2 Current: Your results Completed: Your overdraft Current: Your results Questions Choose your business current account Please selectBusiness Current Account - Classic What arranged overdraft would you need? How much of your arranged overdraft would you use? How many days are you likely to be overdrawn for? Are you likely to go over this amount? Yes No By how much? For how many days? Questions actions ContinueClear State Change Your resultsResults header We've calculated the cost of your borrowing with the {account description} using the information you've entered.You’ll have an arranged overdraft limit of {overdraft_amount_limit}You're likely to use {amount} of your arranged overdraft limit for {days} in the monthYou're not likely to exceed your arranged overdraft limitThe Choice Current Account has an overdraft interest cap of £30. This means that we won't charge you more than £30 per month for using your arranged overdraft.You’ll have an arranged overdraft limit of {overdraft_amount_limit}You're likely to use {amount} of your arranged overdraft limit for {days} in the monthYou're likely to exceed your arranged overdraft limitYour unarranged overdraft will be {exceed-amount} for {exceed-days} in the monthThe Choice Current Account has a £10 monthly fee for maintaining the account. This is in addition to any arranged overdraft charges shown in the illustration below and is paid from your account automatically each month. From 6 March 2023 there will no longer be a £10 monthly fee to maintain the account.From 10 April 2023 the overdraft interest cap will increase to £30. The below calculation shows how much your overdraft could cost you with the £30 overdraft interest cap.Our overdrafts are changing on {switchDate}. See the costs below before and after they change.Up to the {switchDateMinus1} you'll payArranged overdraft cost{preArrangedOverdraftCost}Arranged interest type{preArrangedOverdraftFees}Arranged overdraft rate{preArrangedOverdraftRate}Unarranged overdraft cost{preUnarrangedOverdraftCost}Unarranged interest type{preUnarrangedOverdraftFees}Unarranged overdraft rate{preUnarrangedOverdraftRate}Annual Arrangement fee{preTotalCost}From the {switchDate} you'll payArranged overdraft cost{postArrangedOverdraftCost}Arranged interest type{postArrangedOverdraftFees}Arranged overdraft rate{postArrangedOverdraftRate}Unarranged overdraft cost{postUnarrangedOverdraftCost}Unarranged interest type{postUnarrangedOverdraftFees}Unarranged overdraft rate{postUnarrangedOverdraftRate}Annual Arrangement fee{postTotalCost}APR cost for comparison{postComparisonAPR}Results actions Back