Coronavirus (COVID-19) updates for Islands Customers
Coronavirus information specifically for Islands Community Bank customers.
Further support for arranged overdrafts
Changes to the temporary interest and fee-free amount on arranged overdrafts from 10 August 2020.
The temporary interest and fee-free amount for arranged overdrafts on personal current accounts has ended.
Between 9 April and 9 August 2020, up to the first £500 of an arranged overdraft was interest and fee-free. If your arranged overdraft limit is lower than this amount, all of it was interest and fee-free.
Now this has ended, you will pay interest when you use your arranged overdraft, unless your account has a standard interest and-free amount and you stay within this. You can find the standard interest and fee-free amounts for each of our accounts below.
Further support for your personal current account
We are here to support our customers during the impact of coronavirus and if you are going to struggle we are still here to help. It might be that you have or expect to have a temporary loss or reduction in income for you or other members of your household because of coronavirus. If so, and if you feel further support may be helpful, please contact us.
Current account |
Interest and fee free amount between 9 April and 9 August 2020 |
Interest and fee free amount after 9 August 2020 |
---|---|---|
Current accountIsland Cheque |
Interest and fee free amount between 9 April and 9 August 2020£500 |
Interest and fee free amount after 9 August 2020£25 |
Current accountIsland Gold |
Interest and fee free amount between 9 April and 9 August 2020£500 |
Interest and fee free amount after 9 August 2020£100 |
Current accountIsland Premier |
Interest and fee free amount between 9 April and 9 August 2020£500 |
Interest and fee free amount after 9 August 2020£250 |
Current accountAll other accounts |
Interest and fee free amount between 9 April and 9 August 2020£500 |
Interest and fee free amount after 9 August 2020£0 |
There are no changes to Student or Graduate account overdrafts.
Travel insurance update: Coronavirus
If you’re an Island Gold or Island Premier account customer, please read our FAQs (PDF) for more information about your travel insurance cover and COVID-19. You can also use our handy travel disruption tool, for help if your travel has been disrupted.