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Arranged overdrafts
See the estimated overdraft limit you could be eligible for
How does our overdraft compare?
An overdraft is designed as short-term way to borrow money. If you decide to use an overdraft, you're responsible for paying it back. If you're unable to repay, your credit score could be impacted. Most lenders will use your credit score when deciding how much to lend you.
To apply for an overdraft:
- You must be 18+ and live in the UK.
- You must have an eligible Ulster bank account which you pay your salary or a regular amount into.
- You, or anyone on your account, must not have been declared bankrupt in the last 6 years.
Please note: if you apply on a joint account, we will only assess the eligibility of the person applying.
Benefits of an arranged overdraft
An arranged overdraft allows you to go overdrawn from £250 up to £5000, with an agreed limit, so it could help cover an unplanned expense. Think of it as a short-term safety net for your current account.
Only pay interest if you use it
Quick access to funds
It takes about 5 minutes to apply in Anytime Banking or the mobile app (app eligibility applies)
Manage my existing overdraft
You can make changes to your arranged overdraft in our mobile app or via Anytime Banking. Here's what you need to know.
How do overdraft costs work?
How much does my overdraft cost in pounds and pence?
Choose your current account to view the interest costs when you use a £500 overdraft.
See how much interest you might pay
Use our overdraft cost calculator to see how much interest you’d pay based on your own circumstances and borrowing amount.
