See if you'll be accepted before you apply
Use our overdraft eligibility checker to find out if you’re likely to be approved before you apply. It takes just a few minutes and won’t impact your credit rating.
To apply for an Ulster Bank overdraft you must be a UK resident, 18 or over and have an eligible Ulster Bank current account. Subject to approval.
An overdraft lets you borrow extra money through your current account. For example, if you have no money left in your account and you spend £30, your balance would be -£30. This means you’re using an overdraft.
An overdraft is a form of debt and is repayable on demand. Always make sure you have enough money in your current account, or a suitable arranged overdraft limit in place before any payments are due to come out of your account.
Usually, you’ll agree an overdraft limit with your bank or lender – this is known as an arranged overdraft.
There are two types of overdraft: arranged and unarranged.
It's important to remember that both types of overdraft have associated charges but you'll only pay interest if you use it. This interest charge is dependent on your account and you can read full details of this when you apply for an overdraft.
A good way to compare the costs of borrowing products is by using the APR, which shows the cost of borrowing over a year.
Use our overdraft eligibility checker to find out if you’re likely to be approved before you apply. It takes just a few minutes and won’t impact your credit rating.
Our cost calculator tool allows you to see how much interest you’ll pay based on how much you plan to borrow, and how regularly you want to use it.
You can apply for an arranged overdraft online if you are registered for Anytime Banking. Take a look at the overdraft available to you and decide if it's right for your needs.
Available to eligible Ulster Bank current account customers, UK residents aged 18 or over. Subject to lending criteria.
You'll need a current account with us before you can apply for an arranged overdraft. Start by exploring our current account range and how you could switch.
Account eligibility and criteria apply.
Our mobile banking app helps you keep track of your spending on the go. Keep an eye on money coming in and out of your account.
App criteria apply.
You can set up free text alerts and get notifications when your balance goes above or below a certain limit. We can also let you know if you're about to slip into an unarranged overdraft.
If you're unsure which type of borrowing to use, we'll walk you through your options to help you decide what's right for you.