Mayfair Banking Overdraft Rates
Pricing information about personal current account overdrafts
What is the interest rate being charged on our products?
|
Product |
Range of annual interest rates payable for arranged overdrafts on 30 June 2021 |
Annual interest rate payable for unarranged overdrafts on 30 June 2021 |
Refused payment fee on 30 June 2021 |
|---|---|---|---|
ProductHigh Interest Cheque Account |
Range of annual interest rates payable for arranged overdrafts on 30 June 20219.90% |
Annual interest rate payable for unarranged overdrafts on 30 June 20210.00% |
Refused payment fee on 30 June 2021£0 |
How do our overdrafts compare?
A good way to compare the cost of our overdraft with other overdrafts or other ways of borrowing is to look at the APR. The APR shows the cost of borrowing over a year.
Information about overdraft pricing in the quarter from 1 April 2021 to 30 June 2021
|
Product |
Advertised APR[s] during this period |
|---|---|
|
Product High Interest Cheque Account |
Advertised APR[s] during this period N/A |