Overlay
New arranged overdraft

A short-term safety net for those unexpected bills

Representative 39.49% APR (variable)

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 safety net.

Only pay interest if you use it. No fees

You'll only pay interest on the amount you use

No usage fees or other charges at all

Applying is really quick

Applying through Online Banking takes around 5 minutes

We fill out the info we already know about you to make things easier

Fast access to funds

If your overdraft is approved, it'll normally be available the next working day, but there are some exceptions to be aware of

Get handy text alerts to help you stay on top

Why chance it?

Use our eligibility checker to find out whether you’re likely to be accepted before you apply. It just takes a few minutes and it won't impact your credit score.

Support with Coronavirus

We're helping our customers who apply for a new overdraft through the coronavirus pandemic.

Features and benefits

Before you apply

Overdrafts explained

First things first. There are 2 types of overdrafts – arranged and unarranged. Both types will cost you money in interest when you use them. It’s important you know the difference, so we’ll cover it off here.

Arranged overdrafts

An arranged overdraft allows you to go overdrawn up to an agreed limit. This type of borrowing can help if pay-day is a long way off or you're a bit short of cash.

Unarranged overdrafts

An unarranged overdraft is when you spend more money than you have in your account without already having an arranged overdraft in place, or when you exceed your current arranged overdraft limit you do have in place.

If you're accepted

Manage your overdraft online or in the app

You can manage spending and increase, reduce or remove your overdraft limit quickly online and in our mobile app.

We'll send you text alerts

We'll keep you updated using our free text alert service if you start to use an arranged or an unarranged overdraft.

How much does my overdraft cost in pounds and pence?

To help bring this to life, here's an example of the interest cost when you use a £500 arranged overdraft.

Created with Sketch.

Find out how much interest you're likely to pay

Use our overdraft cost calculator to see how much interest you’d pay based on your own circumstances and borrowing amount.

Get ready to apply

You can apply for an overdraft if you:

  • Are aged 18+ and living in the UK
  • Have an eligible NatWest bank account which you pay your salary or a regular amount into
  • Have not been declared bankrupt in the last 6 years

First, let's check if you're eligible

Use our free eligibility checker before you apply to see if you’re likely to be accepted. It only takes a few minutes and there’s no impact on your credit score.

If you've already checked, you're good to move on below. 

Now, please take a look at this important info

Please take some time to review, print and/or save the below important documents.

All okay? Let's get started.

Our online application is available between 6.30am and 9.45pm

Do you have NatWest Online Banking?
You'll need to have Online Banking to apply for an overdraft online. If you don't, we'll help you sign up easily in just 5 minutes. Remember, you could use our mobile app to apply if you're already set up.

You're all set

Just a heads up - here's what you'll need:

  • Your Online Banking login details
  • Your address details for the last 3 years
  • Your income, outgoings and employment details

Let's get you set up

You'll need to sign up for Online Banking with us in order to apply for an overdraft online. The good news is that it normally takes only 5 minutes. If you need a hand, follow our step-by-step guide below.

What you'll need

  • Your sort code and account number
  • Your NatWest debit card, if you have one

Once you’ve registered, click ‘Next’ below to log in and apply for an overdraft.

You're all set

Just a heads up - here's what you'll need:

  • Your Online Banking login details
  • Your address details for the last 3 years
  • Your income, outgoings and employment details

Let's get you sorted

You’ll need your customer number, Online Banking PIN and password to apply online. Pick from one of the options below and we'll help you on your way.

Once you have new details, click 'Next' below to continue.

You're all set

Just a heads up - here's what you'll need:

  • Your Online Banking login details
  • Your address details for the last 3 years
  • Your income, outgoings and employment details