HelpBudgeting, overdrafts and savingsWhat is an Overdraft?

What is an Overdraft?

An overdraft lets you borrow some money when your balance hits £0.

It's useful for short term borrowing when your balance is low and you don’t want a payment to bounce before you can add money to your account.

So you know, overdrafts can get a little expensive if you stay in them too long. It's fine if you're okay with this! But do let us know if ever you're struggling to pay it off so we can look at ways to help 💪

Was this article helpful?