*The £3 fee is waived for each month you pay in at least £2,000 into your account. The APR includes monthly maintaining the account fees of £3* and an interest free amount of £50. Representative example (based on using a Club Lloyds Account)Īn arranged overdraft on a Club Lloyds account has a variable interest rate of 27.5% EAR, and a variable representative rate of 29.9% APR, based on borrowing £1,200. We will let you know this rate in the pre contract credit information we give you if you apply for an arranged overdraft. The daily arranged overdraft interest rate will be based on how you manage any accounts with us and on the credit information we hold about you. Once your three month interest-free period ends we will charge interest daily. What happens after the 0% interest free period ends? You can use it to borrow money up to an agreed limit through your bank account. An arranged overdraft can act as a useful safety net.

To help you during your switch, we may be able to arrange an interest-free arranged overdraft for 3 months, subject to application and approval. 3 months 0% interest overdraft when you switch

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