If you were charged overdraft fees you couldn't afford, you may be eligible for compensation. We've helped thousands across the UK recover what's rightfully theirs.
Everything you need to know
An overdraft allows you to temporarily borrow money through your current account, typically used to cover short-term shortfalls. But for millions in the UK, overdrafts have become a long-term financial burden.
According to the FCA, over 15 million people in the UK use an overdraft — and many are paying extremely high interest rates, between 20% and 40%, with some banks charging over 80% APR.
While overdrafts were designed as a short-term safety net, banks have frequently extended large credit limits without checking if customers could afford to repay them. This is known as irresponsible lending — and it's a growing problem.
Many customers have:
This type of lending is not only irresponsible — it may be grounds for a compensation claim.
Many people receive refunds between £1,000 and £3,000 for overdraft claims, though some have received even more. For example, The Guardian reports cases of refunds as high as £8,000.
Take the first step towards reclaiming what's rightfully yours. Our *no-win, no-fee process is quick, easy, and hassle-free.
Quick easy sign-up process
No documents needed to start
We handle everything — from start to finish
FCA-regulated & trusted by thousands
Here’s How It Works
We make it easy — no paperwork, no legal jargon. Just three simple steps to get the compensation you deserve.
Step 1.
Just fill in a quick form and sign your documents to get started. It’s simple, secure, and takes less than five minutes — no back-and-forth or paperwork delays.
Step 2.
Once you’ve signed your documents, our expert team gets to work. We’ll build your case, contact the lender, and manage everything — while keeping you informed every step of the way.
Step 3.
Once your claim is successful, you’ll receive compensation — and the peace of mind that comes with standing up for your rights.
Yes. If you've relied on your overdraft long-term and the bank didn't properly assess affordability, you could be eligible to claim compensation.
Anything from 20% to 40% APR can be excessive. Some banks have charged over 80% APR — and if this happened while you were struggling financially, it may be unaffordable lending.
Yes. If your bank increased your overdraft limit without checking if you could afford it, that could be considered irresponsible — and you may have a valid claim.
Yes, you can still make a claim. If the overdraft was unaffordable at the time, you may be entitled to a refund of interest and fees — even if it’s now repaid.
Initiating a claim will not affect your current account or credit score. However, in the case of a successful claim, it is likely the overdraft facility will be removed by your lender.
Simply complete our short on-line questionnaire and we’ll handle the rest using the latest technology and over 20 years claims experience
It only takes a minute to start — no cost, no obligation, and nothing to lose.
* Taylor Blakeley is a claims management company. You do not need to use a claims management company to make a complaint about your lender, you should contact your lender first for free, but if your complaint is not successful you can refer it to the Financial Ombudsman Service.
* If you cancel after 14 days you will be charged a fee of £60 per hour inc VAT upto a maximum of 10 hours and a minimum of 1 hour, as per section 11 of the Terms of Business.
* If your claim is not successful you owe us nothing. If your claim is successful, you will pay a fee based on the amount of compensation awarded which will be between 18-36% including VAT.
