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Advance Bank Account

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P.I.B Advance Bank Account

Easy everyday banking with exclusive benefits and rewards.

Get $155 when you switch Simply apply for a new P.I.B Advance Account then within 30 days use the Current Account Switch Service to complete a full switch with at least 2 Direct Debits or Standing Orders.
The offer is open to new customers who meet certain eligibility criteria


If you're an existing customer with an overdraft, you can log on to online banking and manage your current arranged limit



At a glance

Deal with unexpected expenses
You’ll get an arranged overdraft of at least $1,000 when you open your account – a handy little safety net.

Get it all for no monthly fee
Unlike with some current accounts, there’s no monthly fee to pay for your Advance Account

Earn 2.75% AER/gross on your savings
Build up your savings pot with our Regular Saver. You can save between $25-$250 each month and earn 2.75% AER/gross.



Easy mobile banking

Controlling your finances is simple with our Mobile Banking app. Make payments, transfer funds pay in cheques with a photo, block or unblock your card. You can do it all in moments.


24/7 customer support

You can call us 24 hours a day, any day of the year, and our customer service team will be happy to help. Alternatively, you can reach us by Live Chat, on social media, or by popping into a branch.



Things you should Know

Charges and overdraft  
Overdrafts and unarranged overdrafts An overdraft lets you borrow money on your current account. An arranged overdraft is where we agree an overdraft limit with you. This can help in months when you have extra expenses. An unarranged overdraft is when you make a payment that takes your account over your arranged limit or overdrawn when you don’t have an arranged overdraft in place. We’ll always consider an unarranged request and make the payment if we can. Unarranged overdrafts may incur higher fees and result in declined transactions. We report account activity, including overdraft UK Age, to credit reference agencies. An unarranged overdraft lasting more than 30 days could have a negative impact on your credit rating. Overdrafts are not suitable for long-term borrowing and usually result in interest and other fees. If you take an arranged overdraft, you can later ask us to increase, reduce or remove your limit at any time online, by phone or in a branch. If you end your overdraft you’ll have to repay any overdrawn amount and any interest owed. If you want to reduce your limit, you’ll first need to make sure you bring your borrowing down within the new limit. To find out more, visit our overdrafts page where you can find out if you’re eligible and overdraft cost calculator
Overdraft charges When you open your account you can get an arranged overdraft limit of at least $1,000. Anything you borrow within your arranged overdraft limit will be charged interest at 17.9% EAR. This is a preferential rate for Advance and Premier customers. If you borrow more than your arranged overdraft limit you’ll be charged an additional $5 a day for each day you’re overdrawn (up to a maximum of $80 a month). That’s on top of any interest you have to pay. We provide a number of tools to help you avoid overdraft charges. For example, your account comes with a £10 buffer for unarranged overdrafts. This means that if you go into your unarranged overdraft by $10 or less, you won’t pay any unarranged overdraft charges or interest. We’ll also send you a text alert (if you’ve given us your mobile number) if an upcoming payment is going to make you overdrawn. Representative example: 17.9% EAR variable (assumed arranged overdraft $1,000)

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