Starling overdraft: the real cost
One of the cheapest overdrafts on the board right now.
What 30 days overdrawn costs
| Amount overdrawn | Cost over 30 days |
|---|---|
| £100 | −£1.16 |
| £250 | −£2.89 |
| £500 | −£5.78 |
15% EAR · best tier · No interest-free buffer
How the £250 figure is worked out
- Amount charged interest
- £250
- Daily rate from 15% EAR
- 0.0383%
- Cost over 30 days
- −£2.89
Cheapest right now: First Direct →
Common questions
How much does the Starling overdraft cost?
At £250 overdrawn for 30 days, Starling charges −£2.89 at its advertised 15% EAR. At £100 it’s −£1.16; at £500, −£5.78.
Does Starling have an interest-free buffer?
No. Interest applies from the first pound of an arranged overdraft.
Is Starling the cheapest overdraft?
Not at £250 overdrawn. The cheapest right now is First Direct. The full leaderboard has every bank, cheapest first.