• It should take you less than 10 minutes to complete this application.
• You will need to give us a phone number and an email address so that we can contact you about your application.
  
• We will send you an email with all of the important information - including terms and conditions and prices.
• We will post the agreements to you - you will need to sign and return these to us.
  
  

For your own benefit and protection, you should also read our terms and conditions carefully before proceeding. These are the standard terms and conditions we plan to rely on. If you do not understand any point, please contact us.

An overdraft is a form of short term borrowing, a safety net that allows your balance to dip below zero if you don’t have enough in your account to meet an unexpected payment. Another way to borrow in the short term is a credit card, but if you need to borrow money over the longer term, a personal loan may be more suitable.

There are two types of overdraft – arranged and unarranged. As the names suggest – an arranged overdraft has been pre-agreed with us up to a set limit, giving you peace of mind that you'll be able to make unexpected payments or get money in an emergency. You can borrow from it any time, as long as you stay within your limit. There may be costs to pay with an arranged overdraft.

An unarranged overdraft is when your account balance either goes overdrawn without an arranged overdraft in place, or goes beyond your arranged overdraft limit. When this happens, we'll look at your circumstances when we're deciding whether to allow any further payments from your account.

We can ask you to repay your overdraft in full at any time.

If you rely on your overdraft, even an arranged one, it may have a negative effect on your credit file and your ability to borrow money in the future.

If you try to make a payment from your account and you don’t have enough money:

• The payment may be declined which could have other consequences, for example if you don’t make a car insurance payment on time, you may not be insured to drive.
• The company to which you pay the Direct Debit may also try to take it again before you’ve had a chance to lodge money into your account.
• You may be charged fees.

Overdraft alerts can help you manage your account and may also help you avoid charges. If you give us your mobile number we'll automatically register you to get text alerts when you go into arranged or unarranged overdraft. The arranged overdraft text will tell you when you have started to use the overdraft and help you monitor your arranged overdraft use. The unarranged overdraft text will tell you when you go overdrawn, for example when a payment leaves your account and you don't have enough funds to cover it. It will also tell you how much you need to pay into your account and by what time, helping you stay in control of your finances. If you change your mind later and want to stop getting these texts, or if you didn’t give us your number and you want to start getting them, please contact us. If you’ve already asked us not to send these alerts then nothing will change. You can also ask us to text or email you when your account balance falls below a certain amount. You can sign up for this in eBanking, under ‘Mobile Services’ then ‘Account balance service’.

Before you proceed with your application, you can check how likely you are to get an increase to your overdraft using our Eligibility Tool. And if you want to get an idea of how much this could cost, you can check using our Cost Calculator.