Customers financially impacted by coronavirus are eligible to apply for temporary measures of support. You can request £500 interest free on your existing arranged overdraft (or up to your existing arranged overdraft limit if lower than £500) for a period of 3 months.
When you make this request, we will also reduce your interest rate on any borrowing above your interest free buffer. This temporary reduced interest rate will apply to any overdraft borrowing above the interest-free buffer for a period of 3 months.
It’s important to remember that after the 3 month period ends, we’ll start to charge interest at your contractual rate on the full overdrawn balance.
You can have a quick check here of your contractual rate and reduced interest rate