We all need a little extra support from time to time. Arranged overdrafts are there if you need a little extra money to tide you over every now and then. Use the simple calculator below to understand the cost of an arranged overdraft with M&S Bank.
How to use:
- Arranged overdraft limit - Enter the limit you require up to a maximum of £5,000. M&S Bank offer a maximum overdraft limit of £5,000 to our new customers. The calculator will not accept values above this. An arranged overdraft is subject to application and approval.
- Overdrawn amount - This is the amount of the arranged overdraft you expect to use. As M&S Bank do not offer an unarranged overdraft facility this will need to be within the arranged overdraft limit you have entered
- Days overdrawn - The days overdrawn is limited to 31 days only. If you require longer term borrowing there may be alternative products we offer that could better meet your need.
The information provided by this tool is for illustrative purposes only.