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Islands Personal Banking
If your account offers overdrafts, there are two types available:
If you know you'll need some extra money in advance, contact us to arrange a planned overdraft.
We'll agree your overdraft limit. You'll pay interest on your overdraft amount, but no fees.
You can ask to increase your planned overdraft limit at any time.
If you go over your agreed overdraft limit we'll charge you unplanned overdraft fees — but every account has a buffer zone, so if you slip just a few pounds over you won't be charged. The size of your buffer zone depends on the type of account you have.
If you try to make a payment that would take you into the red or over your planned overdraft limit and buffer zone, we'll treat this as a request for an unplanned overdraft.
If we grant you the overdraft, you'll need to pay interest together with daily and monthly fees.
If we decide not to grant the unplanned overdraft you will not be able to make the payment and we'll charged you a fee.
Unplanned overdrafts can be expensive so, if possible, always arrange a planned overdraft in advance.
The only credit cards to offer you.
Find the overdraft interest rate for your account:
Within the UK: 08457 449900
Outside the UK:+44 (0) 8705 449900
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