You may have to pay overdraft fees if you use your current accounts to make payments when you, for instance:
- don't have enough money in your current account or reserve limit: and/or
- don't have an arranged overdraft with us.
The table below gives some examples of how you might use your current account when you haven't got enough money available and our overdraft fees that can arise.
We developed these examples with The Financial Conduct Authority and leading consumer groups to help you think about how changing the way you use your accounts can affect the amount we will charge you.
These examples are meant to show how different actions can result in different levels of fees. Please remember, interest is always charged on unarranged balances on our FlexAccount. They are only examples so you shouldn't see them as actions you might take or fees you might have to pay.
We may not allow you to use your current account in the ways shown below. You should avoid going overdrawn wherever possible and should contact us if you need help to manage your current account.
Choose an example below which shows how you might manage your current account. If you have recent bank statements, use these to help you choose. Once you have worked out the reasons why you might be charged, it could help you avoid fees in the future.