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Current Accounts Best Buy Tables |
Best Bank Overdrafts
This table shows the 6 best overdrafts available with a current account from a database of 117 accounts, based on introductory rate for purchases and standard APR.
| Alliance and Leicester | Premier Direct Current M | 0.0% D | 5.9% |  | | Barclays | Bank Account (Option A) P | 0.0% X | 27.5% | | | Nationwide BS | FlexAccount | 7.8% | 24.9% | | | Halifax | Moneyback P | 7.9% U | 28.8% | | | Yorkshire Bank | Current Account Plus | 8.3% | 31.4% | | | Norwich and Peterborough | Gold Current W | 8.8% G | 24.9% | |
APR Annual Percentage Rate.
D Zero % introductory rate for 12 months on overdrafts up to a maximum of £2.5K, then reverts to 0.48% pm, 5.9% EAR.
EAR Effective Annual Rate.
G Transferred current accounts offered zero % on authorised overdraft for 6 months.
L Low risk rates quoted. APR dependent on credit rating.
M Funding of £500 per month required. Internet banking compulsory.
P Funding of £1K pm required.
pm Per month.
Q Offset/pooled facility available.
U On transferred current accounts up to £2.5K interest and fee-free authorised overdraft for 120 days.
W Funding of £500 pm required.
X Zero % introductory rate for 12 months on overdrafts up to a maximum of £5K, then reverts to 1.22% pm, 15.6% EAR.
Z Transferred current accounts offered zero % on authorised overdraft for 4 months.
Figures last updated on 03 May 2006.
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