To give you the option of some extra help with your cash-flow, our startup package gives you the chance to apply for an overdraft when you're opening your business current account (if you're eligible).
If you applied for a £500 limit and were succesful, there wouldn't be an arrangement fee for the first 12 months. Typically this would be £50.
For the £500 overdraft startup offer - we do charge interest on monies borrowed at a fixed rate of 6.5% for the
initial agreement period (subject to status).
- Overdraft facility is subject to application and approval.
- Overdrafts are for over 18s only
- £50 annual fee applies after the 12 month period subject to agreement on renewing overdraft
Discover the full price comparison for business overdrafts
Applications for our fee free business credit card or £500 overdraft offer, are subject to approval
and NatWest reserves the right to change or withdraw the startup offer without prior notice.
If you apply for any other credit facilities, security may be required and product fees may apply.