Sometimes you may want extra flexibility for occasional or unexpected expenses. If you're a UK-based private banking client with Voyage, you can apply for an arranged overdraft facility that is based on your needs.

Benefits of a Voyage arranged overdraft

  • A flexible and convenient service

    Not with us. We believe you should have access to something altogether more flexible and convenient.  There are no arrangement, usage or renewal fees for the arranged overdraft facility. All arranged overdraft requests are subject to approval. 

  • Arranged overdraft rate

    With the Voyage account, you’ll pay arranged overdraft interest at a rate of Bank of England base rate + 5% per annum variable. The first £1,000 of the arranged overdraft will not be subject to interest.


Our rates

 Per annum rateEAR (based on an arranged overdraft limit of £1,200)
Arranged Overdraft10.25% variable (Bank of England base rate + 5% per annum)1.79% variable


Unarranged overdraft interest is charged at 10.25% per annum variable. Our unarranged overdraft interest rate is charged at 5% above the Bank of England base rate.

Our interest rates track the Bank of England base rate. You can find the Bank of England base rate on the Bank of England website.

Representative rate

Based on an arranged overdraft of £1,200, the interest rate you will be charged is 1.79% EAR* (variable). This gives a representative rate of 778.62% APR** (variable).

How does our overdraft compare?

A good way to compare the cost of our overdraft with other overdrafts or other ways of borrowing is to look at the representative APR. The APR shows the cost of borrowing over a year and includes our £500 account fee.



About the Voyage account arranged overdraft

  • Interest is calculated daily and charged to your account each month.
  • Your arranged overdraft is repayable on demand
  • Arranged overdraft interest is not charged on card spend until statement date
  • We do not charge interest on the first £1,000 of a Voyage account arranged overdraft.


Applying for an arranged overdraft

The Voyage account arranged overdraft is subject to application, terms and conditions and approval. 

You can apply when you open your account, in Investec Online once your account is opened, or by requesting a call-back below. 

General Overdraft Information

The Voyage account arranged overdraft is a credit facility we agree with you in advance, allowing you to borrow money up to an agreed limit when there is no money left in your account. If you are eligible, you can ask for one when you open your account or later in Investec Online. You can find our eligibility criteria in our relationship agreement. We might check your credit rating with a credit reference agency before agreeing to give you an arranged overdraft.  

An unarranged overdraft is a form of credit created when a payment leaves your account but you do not have any money left in your account and you have reached (or do not have) an arranged overdraft limit. We may decide to stop payments if you are in (or that would take you into) your unarranged overdraft, and this may result in your service provider charging you for missed payments.

We will charge you interest on both types of overdraft (arranged and unarranged) and the rates we charge are available on our website. If you are unable to repay your arranged or unarranged overdraft, we may report this information to a credit reference agency. Both types of overdraft are typically intended for short-term rather than long-term borrowing.

Already a private bank client with Voyage?

To apply for an arranged overdraft facility on your existing Voyage private bank account, talk to your dedicated private banker, apply in Investec Online, or call our client support team. Before you apply for an arranged overdraft please read the pre-contractual information.

Support for clients with overdrafts

If you are concerned about your overdraft borrowing, you can contact us to discuss your circumstances and how we might be able to help you with your overdraft.

Ready to join a private bank that gets you?

*Equivalent Annual Rate is a representative interest rate that shows the rate you would pay if you remained overdrawn for a year.
**The Annual Percentage Rate shows the cost of borrowing over a year, including the interest you’ll have to pay and applicable fees. It is intended to be used to help you compare the cost of our overdraft with other overdrafts and lending products.