---
title: Nationwide Overdraft Rate & Real 30-Day Cost (August 2026)
description: Nationwide charges −£5.60 for 30 days overdrawn at £250 (39.9% EAR, first £50 interest-free). See the full cost table and how it compares with all 15 UK banks.
image: https://overdrafts.com/brand/og/nationwide.png
canonical: https://overdrafts.com/nationwide/
updated: 2026-08-28
---

# Nationwide overdraft: the real cost

Right in the middle of the board.

## What 30 days overdrawn costs

| Amount overdrawn | Cost over 30 days |
| --- | --- |
| £100 | −£1.40 |
| £250 | −£5.60 |
| £500 | −£12.59 |

39.9% EAR · First £50 interest-free

## How the £250 figure is worked out

Amount charged interest (£250 − £50 interest-free)

£200

Daily rate from 39.9% EAR

0.0920%

Cost over 30 days

−£5.60

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

## Rate history

No changes since tracking began 28 August 2026.

## Sources

-   [Nationwide’s published overdraft rate page](https://www.nationwide.co.uk/current-accounts/overdrafts/) · checked 28 August 2026

## Common questions

### How much does the Nationwide overdraft cost?

At £250 overdrawn for 30 days, Nationwide charges −£5.60 at its advertised 39.9% EAR, after the first £50 interest-free. At £100 it’s −£1.40; at £500, −£12.59.

### Does Nationwide have an interest-free buffer?

Yes. The first £50 of an arranged overdraft is interest-free, and interest applies only above that.

### Is Nationwide the cheapest overdraft?

Not at £250 overdrawn: it ranks #8 of 15. The cheapest right now is First Direct. The full leaderboard has every bank.

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

```json
{"@context":"https://schema.org","@type":"WebSite","@id":"https://overdrafts.com/#website","url":"https://overdrafts.com/","name":"overdrafts.com","description":"The UK overdraft leaderboard. Every bank ranked by real cost, verified every day.","inLanguage":"en-GB"}
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://overdrafts.com/"},{"@type":"ListItem","position":2,"name":"Nationwide","item":"https://overdrafts.com/nationwide/"}]}
```