Everyday Current Account

There’s no monthly fee to maintain the account.
The Fee Information Document details the main fees and charges on this account, including those associated with using an overdraft facility.
For further explanation of our main terms and services take a look at our Glossary

If you have an arranged overdraft on your account, we’ll automatically waive interest on up to the first £500 between 6 April and 9 July 2020. We’ll also temporarily discount the standard arranged overdraft interest rate to 19.90% EAR (variable) on all of our current accounts that offer an overdraft (where the standard rate is higher) during the same period.

These measures apply to both new and existing customers. We’ll apply them automatically if you have an overdraft so you don’t need to do anything. For more information see our FAQs. The terms of your account aren’t changing. Your usual rates are below and in communications like statements and alerts as they’ll still show what charges would be if the temporary measures weren't in place.

An overdraft lets you borrow through your current account. It’s intended mainly for short term costs or emergencies and isn’t generally suitable for longer-term borrowing. There is a cost associated with using an overdraft. The way you manage your overdraft, for example if you don’t repay your interest and charges regularly, may affect your credit file. This could make it harder or more expensive to get credit with us or other providers in the future.

Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions. We may ask you to repay all or part of your overdraft at any time but we'll try to notify you of this in advance.

An arranged overdraft is when we let you borrow up to a pre-agreed limit – you can ask for one when you open your account or at any other time.

An unarranged overdraft occurs when your account goes overdrawn without an arranged overdraft in place or if your account goes over your arranged overdraft limit.

When you try to make a payment that would take you into an unarranged overdraft, we make the decision whether to allow or reject the payment based on your individual circumstances. If we allow a payment, it will take you into an unarranged overdraft. We don’t charge fees for allowing or refusing a payment due to lack of funds.

Is the eligibility checker right for me?
Already completed the eligibility checker? You can retrieve your previous decision

The table below shows you how you’ll be charged for using your overdraft. 

How does our overdraft compare? The purpose of a representative APR is to enable customers to compare the costs associated with different credit products.