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  • Your worldwide travel, covered 

    by AXA

  • UK & European breakdown cover for your vehicle

    by RAC

  • Stay connected with your mobile protected

    by LSG

  • Switching made easy

    Once you've applied to switch with our simple switching process, we take care of everything else.

  • All included for just £15 per month

Before you apply...

When considering applying for an Everyday Extra account, remember you need to:

  • Make sure you meet the eligibility criteria
  • Consider if you want to apply for a sole or joint Everyday Extra account; as you can’t add another account holder at a later date
  • Read about unarranged overdrafts.

When considering applying for an overdraft with the Everyday Extra account, remember you need to:

FSCS logo


Overdrafts are intended for short term borrowing and not suitable for long term borrowing.

An arranged overdraft is a set amount you've agreed with us in advance. You will be charged debit interest when you use your arranged overdraft.

Make sure you've read our overdrafts information whether you're intending to apply for one or not, so you know about arranged and unarranged overdrafts.

Check your eligibility for an overdraft

You can check if you are likely to get accepted for an overdraft using our eligibility checker.

Calculate how much an overdraft will cost

Calculate the cost of an overdraft based on how you might use it with our overdraft calculator.

Overdrafts are intended for short term borrowing and not suitable for long term borrowing.

An arranged overdraft is a set amount you've agreed with us in advance. You will be charged debit interest when you use your arranged overdraft.

If you haven't arranged an overdraft

You'll go into an unarranged overdraft if you go over your arranged limit or your account balance falls below £0 without an arranged overdraft in place. You will be charged debit interest for going into an unarranged overdraft.

Your payments might be refused if you try to go overdrawn without having arranged an overdraft.

How overdrafts affect your credit reference file

Any type of borrowing shows on your credit file. However, an unarranged overdraft shows as arrears which can negatively impact your credit file and may make it harder for you to obtain credit in the future.


You will be charged debit interest when you enter into an arranged and/or unarranged overdraft at an annual interest rate of 35.9%.

More information on account charges

How you can manage your overdraft

Change your overdraft limit

You can find out more about our overdrafts, including how to apply for a new limit, or change an overdraft limit you already have, by visiting our overdrafts page. You must make regular payments into your account to reduce the amount you owe.

If you already have an arranged overdraft limit with us, which you'd like to remove, you can do this by contacting us.

Text alerts when you go into your overdraft

To help manage your money and avoid/minimise debit interest you might pay, we send overdraft text alerts if you go into or you're about to go into an arranged or unarranged overdraft. We will also send alerts if you have payments due that may not be paid.

As long as we have your mobile number, you'll be automatically opted in for overdraft text alerts. You can opt out of arranged and/or unarranged overdraft alerts at any time by contacting us.

More information on overdraft text alerts

To apply for an overdraft you need to be:

  • 18 or over.
  • A UK resident.
  • Employed, self-employed, retired or medically retired.

Approval is based on a credit check, an assessment of your personal circumstances and is subject to status.

If you wish to switch an account to us and an overdraft forms part of your decision to do so, please wait for confirmation of your overdraft before making an application to switch.

Find out more about our overdrafts

We have a £60 cap on interest for any type of overdraft (arranged overdraft or unarranged overdraft) in one charging period. This is the maximum you will ever pay for using an overdraft per charging period.

The monthly cap refers to the charges applied in a charging period not a calendar month. Please refer to the Account Charges Leaflet (PDF) for details of the charging periods.

Below is a standard definition to allow you to compare unarranged overdraft charges across different providers. Fees are included in the comparison, but we choose not to charge you fees for payments where you have a lack of funds.

Each current account will set a monthly maximum charge for:

a) Going overdrawn when you have not arranged an overdraft.

b) Going over or past your arranged overdraft limit (if you have one).

This cap covers any:

a) Interest and fees for going over or past your arranged overdraft limit.

b) Fees for each payment your bank allows despite lack of funds.

c) Fees for each payment your bank refuses due to lack of funds.

Representative example

£1,200 credit limit

35.9% annual interest rate

35.9% representative APR variable

How does our overdraft compare?

The representative APR provided can enable you to compare the costs across different products and providers.

How much does my overdraft cost in pounds and pence?

As an example, the interest cost of borrowing £500 is

7 days: £2.98

30 days: £12.76

60 days: £25.66

This is based on borrowing £500 on the first day of our charging period and assumes this overdrawn balance remains until it is repaid at the end of 7, 30 or 60 days. This example does not include any interest-free amounts that are provided on some accounts.


Account Fees

There is a monthly fee of £15 for maintaining this account, which provides you with worldwide travel insurance, UK & European breakdown cover and mobile phone insurance.

Debit interest

You'll be charged debit interest at an annual interest rate of 35.9% on the amount you're overdrawn by.

Other charges

Other charges as part of this account may include:

  • Foreign transaction services, such as using your debit card abroad
  • Electronic payments, such as CHAPS
  • Other services, such as copies of your statement.

Read more on other charges

Important documents

Please read these documents and save for future reference:

Get started

Please note: it may take approximately 15-20 minutes to complete this application.

Existing Everyday Extra Accounts

How to make a claim

For emergency assistance, claims and policy queries call us on:

+44 (0)344 249 9981 (call charges apply)

General enquiries

Lines are open Monday to Friday, 9am to 5pm. Saturday and Sunday, 9am to 6pm.

Breakdown and medical emergencies

Lines available 24/7 from both the UK and abroad.

Travel Insurance help and claims

To make a travel insurance claim with AXA, our service provider as part of the Everyday Extra account, you can use their secure claims portal

If you have a general travel insurance enquiry or need an insurance certificate, please email AXA directly at:

Worldwide family travel insurance is underwritten by Inter Partner Assistance (IPA) and serviced by AXA Travel Insurance. Both companies are part of the AXA Group.

The Co-operative Bank reserves the right to decline any application.

Whether we can offer you credit depends on your circumstances and our lending policy. We may decline your application based on your circumstances or our lending policy. We may be able to offer a product that's different to the one advertised.

Smile, The Co-operative Bank and Britannia are trading names of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).

Financial Services Compensation Scheme

Your eligible deposits held by a UK establishment of The Co-operative Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: The Co-operative Bank, Britannia and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please read further information on the FSCS scheme here or visit their website.

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Contact our support team