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Lowest arranged overdraft rate: 29.90% EAR

15 offers from 5 institutions · Arranged overdraft EARs from Open Banking product data, lowest first.

Lowest EAR

29.90%
Danske Bank UK
Danske Reward · 58S · arranged

recorded 2026-11-01 · source ↗

15 offers5 institutionsmedian 39.90%

Spread of recorded rates

29.8%31.3%32.8%34.3%35.8%37.3%38.8%
01
Danske Bank UK
Danske Reward
Overdrafts · 58S · arranged · View at bank ↗
29.90 % EARrecorded 2026-11-01
02
Danske Bank UK
Danske Choice
Overdrafts · 54G · arranged · View at bank ↗
29.90 % EARrecorded 2026-11-01
03
Santander UK
Choice Current Account
Overdrafts · arranged · View at bank ↗
29.94 % EARrecorded 2026-11-01
04
Barclays
Barclays Bank Account
Overdrafts · R1 · arranged · View at bank ↗
35.0 % EARrecorded 2026-11-01
05
Barclays
Premier Current Account
Overdrafts · arranged; first £500 interest-free · View at bank ↗
35.0 % EARrecorded 2026-11-01
06
first direct
1st Account
Overdrafts · arranged; first £250 interest-free · View at bank ↗
39.9 % EARrecorded 2026-11-01
07
first direct
1st Account
Overdrafts · arranged overdraft, debit balance over £250 · View at bank ↗
39.9 % EARrecorded 2026-11-01
08
HSBC UK
Bank Account
Overdrafts · arranged; first £25 interest-free · View at bank ↗
39.9 % EARrecorded 2026-11-01
09
HSBC UK
HSBC Premier Account
Overdrafts · arranged; first £500 interest-free · View at bank ↗
39.9 % EARrecorded 2026-11-01
10
HSBC UK
HSBC Graduate Bank Account
Overdrafts · arranged; first £3000 interest-free · View at bank ↗
39.9 % EARrecorded 2026-11-01
11
Santander UK
Everyday Current Account
Overdrafts · arranged · View at bank ↗
39.94 % EARrecorded 2026-11-01
12
Santander UK
Santander Edge Current Account
Overdrafts · arranged · View at bank ↗
39.94 % EARrecorded 2026-11-01
13
Santander UK
Edge Up current account
Overdrafts · arranged · View at bank ↗
39.94 % EARrecorded 2026-11-01
14
Santander UK
Private current account (v2)
Overdrafts · arranged · View at bank ↗
39.94 % EARrecorded 2026-11-01
15
Santander UK
Santander Edge Explorer current account
Overdrafts · arranged · View at bank ↗
39.94 % EARrecorded 2026-11-01

0% offers

Interest-free overdrafts and 0% promotional rates are usually limited to an amount, a period or an eligible customer (students, graduates), so they are listed here rather than ranked.

01
Barclays
Higher Education Account
Overdrafts · R1 · interest-free up to £1500 · View at bank ↗
0.0 % EARrecorded 2026-11-01
02
Barclays
Student Additions Account
Overdrafts · R1 · interest-free up to £1500 · View at bank ↗
0 % EARrecorded 2026-11-01
03
Danske Bank UK
Danske Freedom
Overdrafts · 54H · interest-free up to £3000 · View at bank ↗
0 % EARrecorded 2026-11-01
04
first direct
1st Account
Overdrafts · arranged overdraft, debit balances up to £250 · View at bank ↗
0 % EARrecorded 2026-11-01
05
HSBC UK
HSBC Student Bank Account
Overdrafts · interest-free up to £3000 · View at bank ↗
0.00 % EARrecorded 2026-11-01
06
Nationwide
FlexStudent
Overdrafts · 1st Year · interest-free up to £1000 · View at bank ↗
0 % EARrecorded 2026-11-01
07
Nationwide
FlexStudent
Overdrafts · 2nd Year · interest-free up to £2000 · View at bank ↗
0 % EARrecorded 2026-11-01
08
Nationwide
FlexStudent
Overdrafts · 3rd Year · interest-free up to £3000 · View at bank ↗
0 % EARrecorded 2026-11-01
09
Santander UK
Edge Student current account Yr 1
Overdrafts · interest-free up to £1500 · View at bank ↗
0.00 % EARrecorded 2026-11-01
10
Ulster Bank (Northern Ireland)
Graduate
Overdrafts · 7264 · interest-free up to £1500 · View at bank ↗
0 % EARrecorded 2026-11-01
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Questions

What is the lowest arranged overdraft rate in the UK right now?

Danske Bank UK Danske Reward (58S · arranged) at 29.90% EAR, recorded 1 Nov 2026. RateSonar compared 15 offers from 5 institutions on the same basis.

Are these rates current?

Each row shows the date RateSonar last recorded it from the bank's page. Pages are captured twice a day; a row that could not be refreshed keeps its last recorded date and drops out of the ranking after three days.

Is this the rate I will get?

No. These are the rates lenders advertise. Your rate depends on your circumstances, and lenders may price individually. Use the bank's own quote.