An arranged overdraft is a way of borrowing money, up to an agreed limit, through your bank account. You’ll only pay daily interest when you’re using it. It can help you out with any unplanned payments like last-minute bills or expenses, or act as a buffer for added peace of mind...
+ Important Note: Current Account Overdraft Protection is not applicable to all staff of Standard Chartered Bank (Hong Kong) Limited (the “Bank”) or any persons who have relationship with directors/controllers/employees with lending authority. * A protection limit of 95% of your HKD Deposits ...
OVERDRAFT An unsecured credit limit in which you have instant access to your funds Read more TEMPORARY LOAN A short-term loan which should be repaid in 31 days Read more Save FREE SAVINGS ACCOUNT A Savings Account (Savings Pocket) linked to your RMB Private Bank Current Account keeps your sav...
What you'll get with an overdraft from NatWest An arranged overdraft allows you to go overdrawn up to an agreed limit. So, if payday is still a long way off and you’re short of cash, an arranged overdraft could help to cover an unplanned expense. Think of it as a short-term ...
The overdraft limit on a student account tends to increase each year up to a maximum of around£3,000 in some cases. Whether this increase happens automatically or whether you have to go in branch to arrange it will depend on the bank. Student accounts often also come with various ...
If your bank account comes with an overdraft facility then you can spend money that you don't have and pay it back in the future. Read on to find out more.
Unarranged overdrafts occur when you spend more money than is in your current account, or you go over an authorised overdraft limit without agreeing this with your bank or building society first. This unauthorised amount won’t benefit from an interest-free buffer, so banks will automatically cha...
These accounts are usually free, as long as you don’t go over your overdraft limit, and tend to pay little to no interest on your balance. Basic bank accounts These bank accounts are typically a stripped back version of standard accounts and are generally aimed at people with a poor credi...
Current Account holders can utilise the overdraft facility to withdraw more money from their account than their actual balance. If a Savings Account holder needs more money than their balances, they can apply for a Personal Loans. If you already have a Savings Account with the bank, you can ...
Whether it’s grabbing a bite to eat or booking this year’s sunny break, your Visa debit card is the easy way to pay from your Lloyds UK bank account.