Cashplus iDraft
Cashplus offers a low-cost fixed credit limit called iDraft* which can be added to your Business Account. With an iDraft you can use the credit to:
• Pay direct debits and standing orders.
• Making purchases.
• Withdrawing cash from an ATM.
You can also continue to use the credit limit as you pay off the amount you have used either in full or in parts.
An invitation will be sent to you once you have been pre-approved to activate your Cashplus iDraft* and then you can borrow up to your approved limit at any time benefiting from:
• 0% interest.
• A low daily fee (charged only when used).
*Representative example: Credit Amount: £1,200, 0% interest fixed, £1.00 per day flat usage fee, capped at £30 per month.
Total amount payable £1,560. Representative 33.6% APR.