Subject to status. Applicants must be 18 years or over.
We have both planned and unplanned borrowing. Planned borrowing is when you have agreed an overdraft limit with us on your current account,in advance. Unplanned borrowing happens when you exceed the amount available in your account, including any overdraft facility, without first agreeing it with us. Unplanned borrowing usually costs a lot more than planned borrowing. If you think you might overspend, it’s best to plan your borrowing in advance.
See costs associated with your current account, interest rates and fees, overdrafts.
Overdrafts are subject to status, applicants must be aged 18 years and over. If you have a Current Account Direct, Signature Current Account, Current Account Plus, Current Account Control or B Current account, you may ask us to agree an overdraft arranged in advance. Visit your local branch or call our team on 0800 678 1230.
We do not provide overdrafts on our Readycash Account.
See fees at a glance below for differences in specific products.
Monthly cap on unarranged overdraft charges (also known as monthly maximum charge) – We have a monthly cap on unplanned borrowing charges. This means you'll never pay more than the cap per month in Daily Unplanned Borrowing and/or Returned Item Fees.
The banking industry definition of monthly cap on unarranged overdraft charges is set out below. Where you see the terms "arranged overdraft" or "unarranged overdraft", those have the same meaning as “planned borrowing” and “unplanned borrowing” as explained in your account terms and conditions and tariff.
At the end of each calendar month, we will send you a summary of fees and interest with your monthly account statement. The summary will tell you the date on which your fees will be debited. We will give you at least 14 days' notice before we take any payment from your account.
|Account||Monthly planned usage fee||Daily unplanned borrowing fee||Returned item fee||Fee cap Monthly Maximum Charge*||Planned borrowing interest|
|Current Account Control||£6 per calendar month with a £25 buffer||No fee||No fee||Not applicable||As shown on your account tariff|
|Current Account Plus / Signature Current Account / Current Account Direct||£6 per calendar month with a £25 buffer||£6 per business day with a £10 buffer||£15 per item with a £15 buffer||£100 per calendar month||As shown on your account tariff|
|Flexible Repay / Rapid Repay||No fee||No fee||£15 per item with a £15 buffer||£60 per calendar month||As shown on your Mortgage offer document|
|Readycash||No fee||No fee||No fee||Not applicable||Planned borrowing not available|
|Student account||No fee||No fee||£15 per item with a £15 buffer||£60 per calendar month||As shown on your account tariff|
|B Current||£6 per calendar month with a £25 buffer and 2 working days grace per month||£6 per business day with a £10 buffer and 2 working days grace||£15 per item with a £15 buffer||£100 per calendar month||As shown on your account tariff|
For further details of fees and interest rates for your account, please see Interest rates and fees: Overdrafts.
*Monthly cap on unarranged overdraft charges (also known as monthly maximum charge)
We developed these examples with the Office of Fair Trading and leading consumer groups to help you to think about how changing the way you use your account can affect the amount we may charge you. These examples are meant to show how different actions can result in different fees. They are only examples so you shouldn't see them as actions you might take and fees you might have to pay.
|Signature Current Account||Current Account Plus||B Current||Current Account Control||Ready cash|
|We refuse a payment from your account because there is not enough money in your account.||£15||£15||£15||£0||£0|
|A payment from your account takes you into an unplanned overdraft by less than £10. You use unplanned borrowing for one day during the month.||£0||£0||£0||£0||£0|
|A payment from your account takes you into an unplanned overdraft and you make another payment from the account while you are in an unplanned borrowing position. You use unplanned borrowing for two days in a row during the month.||£12||£12||£0||£0||£0|
|A payment from your account takes you into an unplanned overdraft, and you make nine more payments from the account while in an unplanned borrowing position. You use unplanned borrowing for 10 days in a row during the month. Refer undernote||£48||£48||£36||£0||£0|
|A payment from your account takes you into an unplanned overdraft. You use unplanned borrowing for one day. However, on three more occasions during the month, a payment takes you into an unplanned borrowing position. On each of these occasions you are in an unplanned borrowing position for three days in a row. Refer undernote||£54||£54||£18||£0||£0|
|A payment from your account takes you into an unplanned overdraft. You use unplanned borrowing for 21 days in a row during the month and you make 12 more payments from the account while you are in an unplanned borrowing position. Refer undernote||£90||£90||£78||£0||£0|
|If you make more than one payment on the same day we take this as a request for unplanned borrowing and only charge one fee each day when the unplanned borrowing amount exceeds the available funds on your account by more than the buffer amount.
If you’re an existing customer and wish to discuss your account.
Call0800 678 1230
Or if you're abroad / Outside UK
Find your nearest Clydesdale Bank branch, Business and Private Banking centre or ATM