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Overdraft support for personal current account customers

The annual rate of interest applicable to any arranged/unarranged overdraft is 35.9%, with the exception of any interest free overdraft amount applicable if you hold a Privilege, Privilege Premier, Student or smilemore account, as set out in your Overdraft Terms and Conditions.

If you require support due to the financial impacts of Coronavirus, you can apply for an interest waiver.

Find out more and how to request an interest waiver

What you get from us

  • No monthly fee with this account
    • So you won't be charged for opening or using it. You may however, still be charged debit interest for going into your arranged and/or unarranged overdraft or sending money outside the UK.
  • Also available as a joint account
  • An ethical choice
    • You’ll be part of a bank that actually cares about its impact on the world, and does something about it. For example, in 2015 we sourced 99% of our electricity from renewable resources and are currently campaigning with Refuge to raise awareness about financial abuse.
  • £500 overdraft with this account
    • Overdrafts are intended for short term borrowing and are not suitable for long term borrowing. If you use any overdraft (arranged or unarranged), you'll pay debit interest. If you use an unarranged overdraft, this may also have a negative impact on your credit file.Please read the overdraft information before applying
  • We’ll help limit the amount of debit interest charged on arranged and/or unarranged overdrafts
Smile Picture
Switch Logo

Switching your current account is easy

Direct Debits, regular payments, bill payments and your salary will automatically get switched over.

We’ll also redirect payments in and out of your account.

You can still switch to us if you're overdrawn with your old bank. Click the link below to find out more.

More about switching

Apply for our Current Account

To apply, you need to be:

Approval is subject to status and based on a credit check and an assessment of your personal circumstances.

Before you apply

Please make sure you've read our overdrafts information

Everyone applying for a current account should read how our overdraft works.

Check your eligibility for an overdraft

You can check if you are likely to get accepted for an overdraft using our eligibility checker.

Calculate how much an overdraft will cost

Calculate the cost of an overdraft based on how you might use it with our overdraft calculator.

Apply online now

It only takes 10 minutes if you’ve got all your information to hand.

Please read the important documents below, and save copies of them for future reference.

Apply now

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Switching
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Overdraft
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Charges and fees
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How we limit overdraft charges

Important documents

Please read the Important Documents below, and save copies of them for future reference.

pdf

Terms and conditions

Download PDF (367KB)
pdf

Our lending commitments and what we ask of you.

Download PDF (112KB)
pdf

Account charges

Download PDF (278KB)
pdf

How we use your personal information

Download PDF (242KB)
pdf

Overdraft pre-contractual agreement

Download PDF (1.1MB)
pdf

Fee Information Document

Download PDF (137KB)

Our service quality information

The Financial Conduct Authority requires us to publish information about our personal current accounts. View our personal current account service quality information.

Apply for our Current Account

To apply, you need to be:

Approval is subject to status and based on a credit check and an assessment of your personal circumstances.

Apply online

It only takes 10 minutes if you’ve got all your information to hand.

Please read the Important Documents above, and save copies of them for future reference. Apply now
Co-operative Bank

We’re part of The Co‑operative Bank, and we share the same ethical values too.

smile, Britannia and The Co‑operative Bank are trading names of The Co‑operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).

The Co‑operative Bank reserves the right to decline any application.

Whether we can offer you credit depends on your circumstances and our lending policy. We may decline your application based on your circumstances or our lending policy. We may be able to offer a product that's different to the ones advertised.