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Overdraft Service

Be prepared for life's unexpected costs

In response to the coronavirus (COVID-19) outbreak, from 9 April 2020, we’re temporarily increasing our interest-free overdraft buffer from £25 to £500 for Bank Account, Bank Account Pay Monthly, Current Account and Advance Bank Accounts. We’ll automatically activate the increased buffer, so there’s no need to call us. As these are temporary measures, your contractual terms remain the same. We’ll keep this under review and update you before making any changes to the interest waiver. Accounts with a negotiated rate (where we have agreed a non-standard rate your overdraft) will not be affected. For more information, please read our Overdraft FAQs.

Current accounts

Overdraft Service

Agreeing an arranged overdraft is fee free and keeping within your limit could be an easy way to manage your account.

Apply for an HSBC Overdraft today: 


With the HSBC Overdraft Service you'll get:

  • Agree your overdraft limit in advance
  • Overdraft charges
    For details of charges that may be applicable please see our Terms and Conditions.
  • Be confident – even in expensive months
    If your request for an overdraft is approved, you'll know that when you keep within your limit all your payments will be made and no overdraft fees will apply. Your only cost will be the interest you pay.
  • No overdraft fees
    The only cost to you will be the overdraft interest you pay.


Please ensure you can answer YES to the following questions:

  • Are you 18 years or over?
  • Do you have a relevant HSBC bank account?


Our Overdraft Service is available on HSBC Premier, Advance, Bank Account, Bank Account Pay Monthly, Graduate, Gap Year and Student Bank Accounts (over 18s only).

Our Overdraft Service is not available on Basic Bank Account.

All requests for an HSBC overdraft are subject to your credit status and all overdrafts are repayable on demand. If you need help to manage your account or are struggling with your finances, please contact us.

If you know what limit you need: you can apply for an arranged overdraft and get an instant decision now.

If you're not sure how much you'll need: please call us on 03456 00 61 61 between 8am to 10pm or arrange a visit at your local branch so we can discuss it with you.  


*Channel Islands and Isle of Man customers are not eligible to apply online. 

Apply by phone

If you have an eligible HSBC Current Account, you can apply for an overdraft by calling:

03456 00 61 61


From abroad:

+44 1226 261 010

Lines are open from 8 AM to 10 PM every day (except Christmas Day, Boxing Day and New Year's Day) 

Apply in branch

Book your appointment to apply in branch by calling: 


You'll need to bring identification, proof of your address and a recent bank statement. 

Frequently Asked Questions

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