Am I guaranteed an overdraft?

An overdraft isn’t guaranteed and is repayable ‘on demand’. This means that we could refuse a payment if you have insufficient funds in your account or ask at any time for immediate repayment.
We won’t usually approve an arranged overdraft if you’ve:

• Had any County Court Judgments issued against you in the last six years
• Been declared bankrupt or agreed to an Individual Voluntary Arrangement in the last six years
• Fallen behind with any credit payments or have missed payments in the last six months.

The likelihood of us providing you with an initial indication of eligibility will be based on what you tell us and depends on the accuracy of the details you provide.

We want to make sure your overdraft is right for you, that’s why every month, we’ll review your account to make sure your overdraft borrowing is suitable, based on credits to your account. If we feel that your overdraft borrowing may be too much when compared to credits to your account, we’ll contact you to discuss the situation. When we get in touch, we will also explain how we may be able to help, in the short and long term, if you’re unable to pay this amount.