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Why have I been charged an unarranged overdraft usage fee?

An unarranged overdraft usage fee will have been charged if you've gone overdrawn without arranging it with us first. You will also be charged if you have gone over your agreed overdraft limit.

An unarranged overdraft usage fee of £8 is charged daily if you use an unarranged overdraft. An unarranged overdraft is created when your account becomes overdrawn without prior arrangement or any arranged overdraft limit is exceeded. The unarranged overdraft usage fee will only be charged if your unarranged overdraft is over £10 at close of business on the day a transaction is paid or taken from your account (and on each subsequent day that your unarranged overdraft remains over £10).

We won’t charge you more than £80 in a monthly charging period for an unarranged overdraft or any unpaid transaction. We don't charge interest on unarranged overdrafts.

For more information on overdrafts please see our dedicated overdraft pages (opens in a new window) or our rates and charges page (opens in a new window).

Also, you can use our overdraft calculator (opens in a new window) to see how we charge for an unarranged overdraft and how to avoid unexpected costs.