<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-WTMQ4QSL" height="0" width="0" style="display:none;visibility:hidden" title="gtm-frame"></iframe>Understanding overdraft fees and charges
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Overdraft fees & charges

The first £5 of your Zempler overdraft is interest free. We'll charge you interest on any daily overdraft balance greater than £5. For business accounts, there may be an annual fee for your overdraft on top of any interest payments.

You can find information about your interest rate in your monthly statements (in app or Online Banking).

You can also use the cost calculator to see how much a Zempler Bank overdraft could cost, which will help you compare the cost to other ways of borrowing.

FAQs

  • If you're a Personal account holder there are no fees. 

    If you're a Business account holder, an annual fee may be applied to your overdraft when opened. We'll tell you the annual fee when we invite you to apply.

  • What is credit
  • Applying for credit


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Terms and Conditions apply, including applicants being resident in the UK & aged 18+ and, if relevant, businesses being based in the UK. 

For full website terms including information on Zempler Bank, Mastercard and use of trademarks, please see our full legal disclosures at https://www.zemplerbank.com/legal/. Zempler Bank Limited (“Zempler Bank”) is registered in England and Wales at Cottons Centre, Cottons Lane, London SE1 2QG (No.04947027). Zempler Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 671140. 

Zempler Bank provides credit facilities subject to approval and affordability, and where accounts continue to meet Zempler Bank credit criteria.