Cashplus Overdraft
Have money ready to use whenever yours runs out
From time to time, most people run out of money – but bills and expenses have a habit of continuing to roll in!
The Cashplus Overdraft works pretty much the same as those offered by high street banks. So it can take the pressure off, because it's a re-usable fixed line of credit attached to your Cashplus prepaid MasterCard® Account, ready and waiting to kick in whenever you run out of your own money. And once set up, you can use it again and again as you pay it back.
You can use the Overdraft on whatever you need:
- Make purchases – from groceries to petrol
- Cover Direct Debits and Standing Orders
- Withdraw cash
What's more, there's no interest to pay – just an annual fee and then it's just a flat fee for each day that you have a balance on your Overdraft. And remember, the sooner you repay the Overdraft, the cheaper it could work out. What's more, setting up a Cashplus Overdraft is easy.
Add an Overdraft to your Account in 3 simple steps:
We'll let you know by email when a Cashplus Overdraft is available for you. Then just:
- Visit the Members' Area and click on the 'Overdraft' button on the left
- Read your personalised offer documentation
- 'Accept' the Terms & Conditions
Your Overdraft will then be in place in just a few hours.
Please note, you need to have a Total Access Account and be registered for the Members' Area to get your Overdraft, as this is the only way to sign up for it. If you're not already registered, please visit the Members' Area 'Register' page, or contact Customer Services.
If you're a Cashplus cardholder with an Express Access Account, we won't charge you a penny to upgrade it. Then once you have a Total Access Account, just follow steps 1-3.
And if you don't already have a Cashplus Account, apply now in a couple of minutes. There aren't any credit checks involved with applying for a card – if you live in the UK and you're over 18, you're 100% guaranteed* to be approved for one.
Visit the Members' Area and look for the 'Overdraft' button – if there's one there, an Overdraft is reserved for you already!
Representative example:
Overdraft amount: £100 for 12 months, 0% interest, 50p per day flat usage fee, capped at £10 per monthly statement period, plus an annual fee of £20. Total amount payable: £240. Representative 230% APR.