Overdrafts - What is an overdraft - NatWest


Help put me in control of my day-to-day spending & avoid unarranged usage fees

Apply for a new Arranged Overdraft

Arranged overdrafts are only available to eligible customers with a NatWest current account, aged 18 or over.

Add your signposting title here… What is an overdraft?

Overdrafts can give you a little extra flexibility with managing your finances.

If you withdraw more money than you have in your bank account, the extra money you take out after your bank balance reaches zero is called an overdraft.

An arranged overdraft is an overdraft that we’ve approved for you, and you can borrow up to that limit. We’ll only charge you interest and/or fees if you actually use it. Depending on the type of current account you have, the fees and any interest-free threshold will differ.

More information on overdrafts

3% back in Rewards on household bills.

Simple as that.


Earn 3% back in Rewards on household bills paid by Direct Debit - that covers council tax, gas, electricity, water, phone, TV and broadband bills. The more eligible Direct Debits you have with your NatWest account, the more Rewards you'll earn. Monthly fee applies.

Available to over 18s and UK residents only.

Find out more about our Reward accounts
Have you got the right current account for your needs?

Our current accounts have different arranged overdraft interest free thresholds

Our Foundation and Young People accounts don’t offer an overdraft facility, some accounts have a higher interest-free payment threshold.






Interest free thresholds







Overdrafts are just one aspect of our current accounts, have a look at all the other benefits they offer...


All current account conditions: 18 or over and a UK resident

Reward Black account: As above, plus either £100,000 sole income to be paid into this account, a NatWest mortgage of at least £300,000 or £100,000 in NatWest savings and investments.  

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