Overdraft calculator
Tell us about your overdraft needs
You can use our calculator to find out how much an overdraft through your HSBC current account could cost over a period of up to 31 days.
An overdraft is a short-term credit facility for borrowing money on your current account. It can help in months where there are extra expenses and unplanned events. Overdrafts are not generally suitable for long-term borrowing. Use of an overdraft will normally result in you being charged interest.
Overdrafts are subject to status and aren't available if you're under 18 or hold an HSBC Basic Bank Account. The figures displayed are given as a guide only. They are based on assumptions rather than precise calculations.
If you have any further queries, or need help understanding your overdraft, please visit our FAQs section.
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Representative example: Based on an assumed arranged overdraft of £1,200 for an HSBC Bank Account, the rate is 0% EAR (variable) on the first £25, 39.9% EAR (variable) on anything above that, giving a representative rate of 38.9% APR (variable).
How does our overdraft compare? The representative APR shows the cost of borrowing over a year, so you can use it to compare the cost of our overdraft against other overdrafts and ways of borrowing.
Calculator assumptions
- the amount borrowed is drawn down in full at noon on the date of calculation
- you are overdrawn for a continuous period – you don’t dip in and out of your overdraft
- at the time you go into your overdraft the balance of your current account is £0
- no other credits and or debits will be made from the account during the borrowing period
- the outstanding balance will be repaid in full on the last day of the borrowing period
- the interest rate will remain the same during the whole borrowing period
Glossary of terms
- overdraft interest rate - This is the interest rate that currently applies to borrowing under an overdraft. EAR stands for equivalent annual rate. It takes account of the interest rate and how often interest is charged, and does not include any other fees or charges
- how to find your overdraft limit – If you are an existing customer you can view your overdraft limit by logging on to online banking or the HSBC Mobile Banking App or on a recent statement
| Account | 7 days | 30 days | 60 days |
|---|---|---|---|
| Bank Account | £3.10 | £13.29 | £26.59 |
| Advance Bank Account | £3.10 | £13.29 |
£26.59 |
| Graduate Bank Account | £0.00 | £0.00 |
£0.00 |
| Premier Account (retained Jade benefits) | £0.00 | £0.00 |
£0.00 |
| Private Banking Account | £0.00 | £0.00 |
£0.00 |
| HSBC Premier Bank Account |
£0.00 | £0.00 |
£0.00 |
| Student Bank Account | £0.00 | £0.00 |
£0.00 |
| Account | Bank Account |
|---|---|
| 7 days | £3.10 |
| 30 days | £13.29 |
| 60 days | £26.59 |
| Account | Advance Bank Account |
| 7 days | £3.10 |
| 30 days |
£13.29 |
| 60 days | £26.59 |
| Account | Graduate Bank Account |
| 7 days | £0.00 |
| 30 days |
£0.00 |
| 60 days | £0.00 |
| Account | Premier Account (retained Jade benefits) |
| 7 days | £0.00 |
| 30 days |
£0.00 |
| 60 days | £0.00 |
| Account | Private Banking Account |
| 7 days | £0.00 |
| 30 days |
£0.00 |
| 60 days | £0.00 |
| Account |
HSBC Premier Bank Account |
| 7 days | £0.00 |
| 30 days |
£0.00 |
| 60 days | £0.00 |
| Account | Student Bank Account |
| 7 days | £0.00 |
| 30 days |
£0.00 |
| 60 days | £0.00 |
Unarranged overdrafts
On 19 May 2026, we stopped charging interest on unarranged overdrafts.
We're in the process of updating our documentation to include this change. So you might see some documents – including the Personal Banking Terms and Conditions and Charges (‘T&Cs’) and Private Banking Banking Services Terms and Conditions (‘T&Cs’) (effective 9 April 2025) – that still mention our historic pricing. We’ll tell you when these T&Cs will be updated, and we're sorry for any confusion caused by this.
Check if you're eligible
Find out if you're likely to get an arranged overdraft, without affecting your credit score.
Using this tool won't affect your current arranged overdraft if you already have one with us.
