---
title: Co-operative Bank Overdraft Rate & Real 30-Day Cost (August 2026)
description: Co-operative Bank charges −£6.38 for 30 days overdrawn at £250 (35.9% EAR). See the full cost table and how it compares with all 15 UK banks.
image: https://overdrafts.com/brand/og/co-operative.png
canonical: https://overdrafts.com/co-operative/
updated: 2026-08-28
---

# Co-operative Bank overdraft: the real cost

Pricier than most overdrafts on the board.

## What 30 days overdrawn costs

| Amount overdrawn | Cost over 30 days |
| --- | --- |
| £100 | −£2.55 |
| £250 | −£6.38 |
| £500 | −£12.77 |

35.9% EAR · No interest-free buffer

## How the £250 figure is worked out

Amount charged interest

£250

Daily rate from 35.9% EAR

0.0841%

Cost over 30 days

−£6.38

#11 of 15 cheapest at £250 · cheapest right now: [First Direct →](https://overdrafts.com/first-direct/)

## Rate history

No rate changes on record: verified unchanged back to August 2025 across 75 archived snapshots of Co-operative Bank’s own pages, and checked daily since tracking began 28 August 2026.

## Sources

-   [Co-operative Bank’s published overdraft rate page](https://www.co-operativebank.co.uk/products/bank-accounts/overdrafts/) · checked 28 August 2026

## Common questions

### How much does the Co-operative Bank overdraft cost?

At £250 overdrawn for 30 days, Co-operative Bank charges −£6.38 at its advertised 35.9% EAR. At £100 it’s −£2.55; at £500, −£12.77.

### Does Co-operative Bank have an interest-free buffer?

No. Interest applies from the first pound of an arranged overdraft.

### Is Co-operative Bank the cheapest overdraft?

Not at £250 overdrawn: it ranks #11 of 15. The cheapest right now is First Direct. The full leaderboard has every bank.

[← Back to the leaderboard](https://overdrafts.com/#board)

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