A flexible, multi-currency facility designed to help support your lifestyle and provide peace of mind against unexpected expenses.
Credit is subject to status and approval. Security and fees may apply. Over 18s only.
An overdraft facility must not be used for acquiring or retaining property rights in land or in an existing or projected building.
Overlay
Private Banking
Personal overdrafts
Financial flexibility
Whether managing short-term cash flow or covering unexpected expenses, a Coutts arranged personal overdraft could offer an efficient solution. It is a simple, effective way to borrow what you need quickly and easily. You only pay interest on what you use, and the borrowing limit can be increased swiftly if required. A seamless way to stay financially agile.
Personal overdrafts — key benefits
Changes to rates will affect your repayments. For sterling overdrafts, the interest rate is linked to the Coutts Bank Base Rate. For other currencies, it follows the Coutts Currency Reference Rate. With currency borrowing, there is a risk that due to currency fluctuation you may repay a higher amount in the currency of borrowing.
Instant access
The funds are available in your account immediately.
Interest efficient
You only pay interest on the amount you use.
No arrangement fee up to £2,500
Borrow up to £2,500 without incurring an arrangement fee*. Minimum £50.
Multi-currency
Available in sterling, US dollar, euro, Japanese yen, Australian dollars or Swiss francs.
*New overdrafts over £2,500 will be subject to a 1% arrangement fee of the requested overdraft amount and an annual fee of 1%.
Find out more
Read more detailed information about our personal overdrafts.
Managing liquidity
A personal overdraft could be a useful tool for managing day to day access to capital if:
- you only require occasional access to additional funds — for more regular borrowing, other options may be more appropriate
- you are comfortable with currency fluctuations and understand you could repay a higher amount in the currency of your loan.
Interested?
Log in to your Coutts app or online banking to apply, or speak to your Private Banker who will be pleased to assist you. You may also contact Coutts 24 any time on 020 7957 2424 (Relay UK 18001 020 7957 2424).