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About arranged overdrafts

An arranged overdraft can act as a short term safety net. You can use it to borrow money up to an agreed limit through your bank account.

Features and benefits
 

Managing your arranged overdraft

You can reduce, remove or apply to increase your arranged overdraft through Telephone Banking. But you must repay anything you owe if you want to remove an overdraft or anything over the new reduced limit you want.

Receive text message alerts

 If we have a mobile number for you, we’ll help you keep an eye on your balance. Find out more below (see text alert section).

Grace period

 You have until midnight to bring your account back in to credit to avoid arranged overdraft fees and charges for that day. You can do this by transferring money from another personal account you have with us via Mobile Banking, Internet Banking, Telephone Banking or pay in cash over the counter in a branch.

  • If you don't have enough money in your account to make a payment, we may either let you borrow through an unarranged overdraft or refuse to make the payment.

    Missing payments and using an unarranged overdraft can lead to fees and charges and can damage your credit score, please get in touch with us as we may be able to help you.

  • If you’re looking to borrow money, it is important you compare and choose the right options for you based on your circumstances.

    Tools to help you decide - You can check your eligibility and calculate the cost of any arranged overdraft at any time using the tools provided. Use of the Eligibility tool won’t affect your credit score.

    These tools will give you an indication of costs and eligibility. If you are an existing Private Banking customer and wish to apply for an overdraft, please contact us on 0345 366 2726 and we will undertake a full assessment of you needs and circumstances. Lines open 8am - 8pm, seven days a week.
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    If you are not a Private Banking Customer and would like to find out more, please visit become a client.

See if you are eligible

This tool is available to check your eligibility for an overdraft up to £5,000.

If you would like to apply for an overdraft over £5,000 or have any questions, contact your Relationship Associate or call us on 0345 366 2726. Lines open 8am - 8pm, seven days a week.
Not all Telephone Banking services are available 24 hours a day, seven days a week.

Find out how likely you are to be approved before you apply, with no impact on your credit score.

Eligibility tool

How much will it cost me?

Our calculator will let you know how much your borrowing will cost.

This tool is limited to overdrafts of up to £25,000 for a period of up to 90 days.

 

Cost calculator

How much we lend, the period and rate available are subject to our assessment of the borrower’s circumstances. Specific eligibility criteria and conditions apply for certain types of lending. The borrower must be 18 or over and a UK resident to apply. Lending is subject to status and application. Security may be required. Overdrafts are subject to status and repayable on demand.

Pricing information about personal current account overdrafts

Overdraft text message alerts


Text message alerts help you manage your money and avoid charges by reminding you when you need to pay cleared funds into your account. They can also help you avoid going into an unarranged overdraft. You will be automatically enrolled into our updated alerts service if we have an up to date mobile number for you. You can check the number we have for you - or provide one - through Internet Banking, in a branch, or by calling us on 0345 300 2750Lines are open 8am – 8pm, seven days a week. Not all Telephone Banking services are available 24 hours a day, seven days a week.

It is important to monitor your account regularly to make sure you have enough funds to make any payments due. Our text alerts service offers a simple way to stay on top of your finances without even having to think about it.

There are two groups of overdraft text alerts.

  • You enter your arranged overdraft that day based on your pending transactions. You will only receive this message once when you enter your arranged overdraft and may incur interest and charges.

    You have entered your arranged overdraft. You will only receive this message once when you enter your arranged overdraft and may incur interest and charges. You have until midnight to pay in enough cleared funds to avoid further overdraft interest and charges. The money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Mobile, Internet or Telephone Banking or pay in cash over the counter in branch.

    To stop arranged overdraft alerts, text STOPA to 61112
    You can stop all overdraft alerts by texting STOP to 61112

    Opting out means that you won’t receive the alerts on your overdraft usage which could lead to avoidable costs.

    If you wish to opt back in, simply text:

    START to 61112 to opt in to all overdraft alerts
    STARTA to 61112 to opt in to only arranged overdraft alerts
    STARTU to 61112 to opt in to only unarranged overdraft alerts

    Opting in and out of these alerts is free. Your preferences to opt in or out of these alerts will be applied to all your Lloyds Private Banking personal accounts and any other accounts you have with Lloyds.

    We will also send you other text alerts when:

    We are asked to change your phone number
    You set up a new person or company to receive a payment
    We need to speak to you before we make a payment
    We suspect any fraud related activity

    You cannot stop these alerts.
    You can receive text alerts abroad, but please check with your service provider for any charges you will incur.

  • You enter an unarranged overdraft that day based on your pending transactions.
    You have entered an unarranged overdraft.
    You don’t have enough to pay a standing order.

    You will have until 2.30pm (UK time) to pay in cleared funds in order to make any payments. When you pay in funds, the money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Mobile, Internet or Telephone Banking or pay in cash over the counter in branch.

    To stop unarranged overdraft alerts, text STOPU to 61112
    You can stop all overdraft alerts by texting STOP to 61112

    Opting out means that you won’t receive the alerts on your overdraft usage which could lead to avoidable costs.

    If you wish to opt back in, simply text:

    START to 61112 to opt in to all overdraft alerts
    STARTA to 61112 to opt in to only arranged overdraft alerts
    STARTU to 61112 to opt in to only unarranged overdraft alerts

    Opting in and out of these alerts is free. Your preferences to opt in or out of these alerts will be applied to all your Lloyds Private Banking personal accounts and any other accounts you have with Lloyds.

    We will also send you other text alerts when:

    We are asked to change your phone number
    You set up a new person or company to receive a payment
    We need to speak to you before we make a payment
    We suspect any fraud related activity

    You cannot stop these alerts.
    You can receive text alerts abroad, but please check with your service provider for any charges you will incur.

Important information. Mobile Banking services may be affected by phone signal and functionality. UK personal Internet Banking customers only. We do not charge for Mobile Banking but your mobile operator may charge for some services. Visit mobile banking for more information. Mobile alerts are sent throughout the day, 7 days a week including Bank Holidays. This is a free service for all eligible current account customers.

Contact us


Existing customers 
Please contact us on 0345 300 2750.  Lines open 8am – 8pm, 7 days a week, and closed on Bank Holidays. Not all Telephone Banking services are available 24 hours a day, 7 days a week.

Request a callback

Request a call back at a time convenient for you.
 

Request a callback

Call us

You can call us to arrange an appointment or ask a question.

0345 366 2725

Or

+44 207 481 2138

Lines are open Monday to Friday from 09:00 to 17:00 (Tuesday and Thursday until 19:00) and Saturday from 09:00 to 13:00. Excluding Bank Holidays. Call cost may vary depending on your service provider.

Eligibility

This tool is available to check your eligibility for an overdraft up to £5,000.

If you would like to apply for an overdraft over £5,000 or have any questions, contact your Relationship Associate or call us on 0345 366 2726. Lines open 8am - 8pm, seven days a week.

Not all Telephone Banking services are available 24 hours a day, seven days a week.

Find out how likely you are to be approved before you apply, with no impact on your credit score.

Eligibility tool

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.
 

Please note that the Standards of Lending Practice only apply to our unsecured lending products.