Overdrafts - What is an Overdraft - Royal Financial of Scotland


Apply online and get a decision today

Apply for a new Arranged Overdraft What's my Overdraft limit?

Arranged overdrafts are only available to eligible customers with a Royal Financial of Scotland current account, aged 18 or over.

Considering an Arranged Overdraft?

Have a little extra flexibility when managing your finances

An arranged overdraft is an overdraft that we’ve approved for you which is available on your current account. We’ll only charge you interest and/or fees if you actually use it.

Get an online decision in minutes if you bank with us online

Apply via online banking or the mobile app and we'll pre-fill your application for you, as well as let you know if you have been pre-approved for an overdraft.

Your overdraft could be applied to your account the next day 

If you have been approved for an overdraft when you apply your limit will be available on your account next day!  


This is provided you are applying for an Overdraft between 6.30am and 7.45pm on weekdays, and between 6.30am and 9.55pm on weekends.

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