An Arranged Overdraft is an overdraft that we have approved for you and you can borrow up to that limit. This means you can get access to additional money if you ever need it (subject to eligibility, over 18's only).
And, as this is a graduate bank account it's interest-free if you stay within the Arranged Overdraft limit.
In your 1st year with our NatWest Graduate Account, you won't have to pay interest on arranged balances up to £2,000.
In your 2nd year the amount of overdraft you can use interest free will reduce so you will start paying interest on any amount borrowed over the 'interest free amount'.