Overdraft Cost Calculator | Royal Bank of Scotland

How much of a overdraft are you looking to use? *

Please enter the amount

Number of days *

Please enter days.

Is this amount over your arranged limit?

Yes

These results are for illustrative purposes only. We will only charge you interest when you use your Overdraft.

Overdraft usage costs

In total a £1,000 arranged overdraft for 20 days could cost you.

£18.49 in interest

39.49% EAR

Representative example

Effective Annual Rate

39.49% (variable)

Representative APR

39.49% (variable)

Assumed credit limit

£1,200

How does our overdraft compare?

We give a Representative APR so it’s easier for you to compare the costs of using an arranged overdraft with different credit products (such as a loan or credit card).

As you have a Tailored Account, we might have agreed that you pay interest on an arranged and unarranged overdraft at a different to what we’ve used in this example. The above shows the maximum cost that most of our customers with a Tailored account would pay.

Available to eligible Royal Bank of Scotland customers, UK residents aged 18 or over who want to apply for an overdraft or increase/decrease an existing limit. Subject to lending criteria.

Apply for or manage your overdraft

Overdraft usage costs

Cost breakdown for 20 days at an interest rate of 39.49% EAR

Arranged overdraft

£18.49

Unarranged overdraft

£3.70

Total interest

£22.19

The monthly cap on unarranged overdraft charges for our standard adult current accounts is £18.80. This includes an unpaid transaction fee of £1.55, if applicable.

Representative example

Effective Annual Rate

39.49% (variable)

Representative APR

39.49% (variable)

Assumed credit limit

£1,200

How does our overdraft compare?

We give a Representative APR so it’s easier for you to compare the costs of using an arranged overdraft with different credit products (such as a loan or credit card).

Available to eligible Royal Bank of Scotland customers, UK residents aged 18 or over. Subject to lending criteria.

Apply for or manage your overdraft

Overdraft calculator

When will you pay for your usage?

About unarranged overdrafts

About unarranged overdrafts

Need to know more?

About unarranged overdrafts

Need to know more?

Got a question?