Overdrafts & Borrowing
Flexible overdrafts and borrowing options to help you manage your finances with confidence.
Our Overdraft Options
Choose the overdraft that fits your needs and budget.
Standard Overdraft
19.9% EAR (variable)Flexible overdraft on your current account. Ideal for short-term cash flow management.
- Up to £1,000 limit
- No application fee
- Interest only on what you use
- Instant access
Premium Overdraft
15.9% EAR (variable)Higher limit overdraft with a lower rate for our Rewards and Premium account holders.
- Up to £3,000 limit
- Lower interest rate
- Free for first 30 days
- Flexible repayments
Interest-Free Overdraft
0% EAR (for 12 months)Perfect for students and recent graduates. Interest-free for the first 12 months.
- Up to £1,000 limit
- 0% interest for 12 months
- No fees
- Student & graduate accounts
Emergency Overdraft
24.9% EAR (variable)Quick access to funds when you need them most. Instant approval for existing customers.
- Up to £500 limit
- Instant approval
- No arrangement fee
- Repay anytime
Business Overdraft
17.9% EAR (variable)Flexible overdraft designed for small businesses to manage cash flow fluctuations.
- Up to £10,000 limit
- Competitive rates
- No monthly fees
- Online management
Overdraft Protection
From £1 per monthProtect yourself from unexpected overdraft fees. A small monthly fee covers you.
- From £1 per month
- No interest on unplanned overdraft
- Peace of mind
- Cancel anytime
Compare Overdrafts
Find the right overdraft for your needs.
| Account Type | Limit | Rate (EAR) | Fees | Best For |
|---|---|---|---|---|
| Standard | Up to £1,000 | 19.9% | £0 arrangement | Everyday use |
| Premium | Up to £3,000 | 15.9% | £0 arrangement | Rewards members |
| Interest-Free | Up to £1,000 | 0% (12 months) | £0 | Students & grads |
| Emergency | Up to £500 | 24.9% | £0 arrangement | Short-term needs |
| Business | Up to £10,000 | 17.9% | £0 monthly | Small business |
| Protection | N/A | N/A | From £1/month | Peace of mind |
Why borrow with Okapii?
We make borrowing simple, transparent, and fair.
Transparent & Fair
No hidden fees, no surprises. We clearly show you what you're borrowing and what it costs.
- Clear rates and fees
- No hidden charges
- Flexible repayment options
Flexible & Convenient
Apply online in minutes and manage your overdraft through our award-winning mobile app.
- Instant decisions
- 24/7 account management
- Flexible repayment
Ready to apply for an overdraft?
Check your eligibility in minutes and get the flexibility you need.
