Calculator

Overdraft cost calculator

What an overdraft really costs per year — and whether a loan is cheaper.

2 min read

Annual cost ≈ average balance used × rate + fees. Compare against a term loan for the same need.

How to use it

Enter your figures above — the result updates instantly and nothing leaves your browser. Results are illustrative, not a quote or credit decision.

Frequently asked questions

Overdraft or loan?

Overdrafts suit short, fluctuating gaps; a term loan is usually cheaper for a steady, longer need.

Is this a quote?

No — it's a free illustration. Your actual Credicorp offer depends on an assessment of your company.

Funding for UK limited companies

Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.