Change Your Overdraft Limit - Overdrafts | Ulster Bank

Overlay
Smiling couple checking using an Ulster Bank ATM at nighttime

Changing your overdraft limit

Help to increase, decrease or remove your overdraft

Open to Republic of Ireland residents aged 18 or over with an eligible Ulster Bank current account. Lending is subject to credit review and approval.

Changing your limit
Man using laptop

You can apply online to increase your overdraft limit. When you apply, tell us the total amount you would like, rather than the amount you wish to increase your overdraft by.

If you want to reduce or completely remove your limit, please call us on 1890 587 587

Apply for a limit increase: 

What you'll need:

To be aged 18 or over and resident in the Republic of Ireland.

An eligible Ulster Bank current account. Overdrafts are not available on Dual, Standard, Service, Adapt or Facility accounts.

To be registered for Anytime Banking.

A valid contact telephone number. You can provide your landline number when you apply. Please ensure your mobile number is up to date before you apply.  You can amend your number in the “Your Details” section of Anytime Banking

Useful tip

If you are approved for an overdraft, the credit limit you receive will be based on our credit assessment of you. This limit may be lower than the credit limit you have applied for but will not exceed the amount that you have applied for.  If you are not happy with the limit, or it does not meet your needs, then you have the right to cancel your credit agreement.

If you are not registered for Anytime Banking you can register now. Alternatively you can visit your local Branch or call us on 1890 587 587.

 

Important information

An overdraft is repayable on demand and may not be exceeded without prior permission. If you exceed your limit, surcharge interest plus debit interest will be applied to any amount over the authorised limit.

There are two fees you need to know about. Both of these fees are €25.

·         Overdraft set-up fee - paid when your overdraft is set up or your limit is increased

·         Annual overdraft fee - paid annually on the anniversary of the overdraft set-up date or the date a limit increase is applied

Please see A guide to personal accounts fees and interest for details. 

We may carry out credit scoring, where we assess whether credit is affordable for you based on the information you provide. 

Please read important information on the Central Credit Register.

Overdrafts Increase your limit online

You can apply online between 06:00 and 19:50.

Set Tab for lightbox