Overdraft Application

To continue you must:

• Be aged over 18 years
• Be a resident in the Republic of Ireland
• Have a Bank of Ireland current Account
• Be in regular employment or in receipt of a pension
• Understand your new overdraft will be opened in your sole name. To apply for a Joint overdraft please call 0818 200 334

Your overdraft limit should ideally be between 50% and 75% of your net monthly salary. 

We understand that there are times in life where you may need a larger amount and, if this is the case, please call us on 0818 200 334 and our agents will review your application. 

Each application is individually assessed and depending upon your circumstances you may be offered an amount lower or higher than the limits referenced above.

In order to provide you with a timely response and to allow us assess risk fairly and consistently, we use automated decision making. If you do not agree with the result, you have the right to provide us with your point of view and have those decisions reviewed by a member of our team.

The Central Credit Register is owned and operated by the Central Bank of Ireland. For more information, including how your data is processed, see www.centralcreditregister.ie.

Under the Credit Reporting Act you are entitled to:

• get a copy of your credit record from the Central Bank (for sole traders and individuals this will be free and for companies the first credit report each calendar year is free);
• correct any errors on your credit record;
• tell the Central Bank if you suspect you may have been impersonated and
• ask the Central Bank to add a short explanation written by you to your credit record.