Overdraft current accounts
Find the best interest free overdraft current account using our comparison table below. Be sure to hover over the red asterisks to see the full details of each overdraft so you can make the right choice for your circumstances.
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Compare current accounts with overdraft facilities
| Account | Interest (AER)
The account's Annual Equivalent Rate: the interest rate that is paid on in-credit balances over a year. Hover over the red asterisks for more details. |
Overdraft Rate
The interest or fee that is charged for using the account's overdraft facility.Hover over the red asterisks for more details. |
Max Overdraft
The maximum authorised overdraft amount permitted on the account. |
Min Monthly Payment
Some accounts require customers to pay in a certain amount each month. Failure to pay in the agreed amount can result in penalties or loss of account benefits. |
Monthly Fee
The amount that the bank charges customers each month to use the account – usually deducted from the account balance every month. |
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 | Santander Preferred Current Account £300 cashback when you switch your main current account using our switcher service, have a mortgage and £10,000 savings with Santander | 5.00% 5.00% AER on balances up to £2,500 for first 12 months; 1% AER thereafter | 0% 0% EAR (variable) charge will apply for first 12 months, 50p per day capped at 10 days each monthly statement period applies thereafter | £5,000 | £1,000 | Free | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £1,200 a 0% EAR (variable) charge will apply for first 12 months, 50p per day capped at 10 days each monthly statement period applies thereafter. | |||||||||||||
 | Barclays Current Account Plus A range of benefits including mobile phone insurance and interest free overdraft up to £300.00 | 0% | 0% Representative Example: Up to £300 0% interest p.a (variable) £301 -£5000 18.3% interest p.a (variable) Subject to Status and application. | £5,000 | None | £6.50 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £5,000 a 18.3% EAR (variable) charge will apply | |||||||||||||
 | NatWest Advantage Gold Brings a host of great benefits together for you. Includes insurance for world wide travel and Mobile phone (including iPhone) and Green Flag car breakdown cover. £12.95 monthly fee. | 0% | 0% 0% EAR up to £100; 19.49% EAR over £100 | Not stated | None | £12.95 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £100 a 19.49% EAR (variable) charge will apply | |||||||||||||
 | First Direct 1st Account £100 cashback when you switch to a First Direct Current Account today! | 0% | 0% 0% EAR up to £250; 15.9% EAR over £250 | No Limit | £1,500 | Free | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £250 a 15.9% EAR (variable) charge will apply | |||||||||||||
 | Halifax Reward Current Account Pay in £1,000 per month, whether you're in credit or overdrawn and receive £5 per month from the Halifax! | £5 per month Earn £5 each month you pay in £1,000, whether you're in credit or overdrawn. | 0% Tiered overdraft fee system: arranged overdraft up to and including £2,500 - £1 per day; Arranged overdraft over £2,500 - £2 per day; unarranged overdraft - £5 per day. | Not stated | £1,000 | Free | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £2,500 a 0% EAR (variable) charge will apply but you will pay £1 a day | |||||||||||||
| Halifax Ultimate Reward Current Account Includes multi-trip family travel insurance, AA Breakdown cover, mobile phone insurance and much more | £5 per month Earn £5 each month you pay in £1,000, whether you're in credit or overdrawn. | 0% Tiered overdraft fee system: up to £300 - fee free; arranged overdraft £300+ up to and including £2,500 - £1 per day; Arranged overdraft over £2,500 - £2 per day; unarranged overdraft - £5 per day. | £2,500 | None | £12.50 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £2,500 a 0% EAR (variable) charge will apply but you will pay £1 a day | |||||||||||||
 | Santander Reward Account Over £500 of benefits per year. | 5.00% 5.00% AER on balances up to £2,500 for first 12 months; 1% AER thereafter | 0% 0% for the first 4 months, then 50p per day capped at 10 days each month | £5,000 | £1,000 | £10 monthly | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £5,000 a 0% EAR (variable) charge will apply for first 4 months, then 50p per day capped at 10 days each month | |||||||||||||
| Santander Premium Account Over £850 worth of benefits each year. | 5.00% 5.00% AER on balances up to £2,500 for first 12 months; 1% AER thereafter | 0% 0% for the first 4 months. 19.9% thereafter | £5,000 | £1,000 | £20 monthly | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £5,000 a 0% EAR (variable) charge will apply for first 4 months, 19.9% thereafter | |||||||||||||
 | RBS Royalties Gold Brings a host of great benefits together for you. Includes insurance for world wide travel and Mobile phone (including iPhone), Green Flag car breakdown cover and access to selected UK airport lounges. £12.95 monthly fee. | 0.00% | 19.24% | Not stated | None | £12.95 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £250 a 19.24% EAR (variable) charge will apply | |||||||||||||
| RBS Select Silver Account Includes free hmvdigital music downloads and LOVEFiLM DVD rentals, insurance for European travel and mobile phones, Withdraw up to £300 if you lose your card. £8 monthly fee. | 0% | 19.49% | Not stated | None | £8.00 | MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria.
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| Representative Example: If you use an overdraft limit of £100 a 19.49% EAR (variable) charge will apply | |||||||||||||
| Barclays Additions Active A range of benefits, includes worldwide multi-trip family travel insurance, RAC breakdown membership, mobile phone insurance and more. | 0% | 0% Representative Example: Up to £300 0% interest p.a (variable) £301 -£5000 18.3% interest p.a (variable) Subject to Status and application. | £5,000 | £15.00 | £15.00 | MORE INFO | ||||||
| Representative Example: If you use an overdraft limit of £5,000 a 18.3% EAR (variable) charge will apply | |||||||||||||
Accounts with an asterisk next to the AER interest have a bonus applied to the interest rate, place your mouse cursor over the asterisk to view the bonus.
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