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Get a chance to qualify for an overdraft when you use your Kuda account actively
With a Kuda overdraft, you can spend above your Kuda account balance up to a limit at a low interest rate of 0.23% – 0.8%.
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Get money for your urgent needs easily.
Spend above your account balance.
Take an overdraft at a low daily interest rate of 0.23% – 0.8%.
Get money for urgent needs easily without paperwork
Using your Kuda account as your main bank account gives you an automatic chance to qualify for a Kuda overdraft.
Spend above your account balance whenever you need to
A Kuda overdraft is extra money you can use any time you don’t have enough in your account.
Pay back your overdraft with just 0.23% – 0.8% daily interest
Overdrafts are easy to take and paying back is as easy as adding the amount due to your Kuda account.
Overdraft FAQs
How do I qualify for a Kuda overdraft?
For a chance to qualify for a Kuda overdraft, use your Kuda account actively as your main bank account.
How much overdraft can I take?
If you qualify for an overdraft, we’ll show you the maximum amount you can take on your Kuda app.
Can I change my overdraft limit?
Yes, you can decrease or increase how much overdraft you can take up to the maximum amount available on your Kuda app.
What’s the difference between an overdraft and a loan?
An overdraft is different from a loan in that it isn’t a fixed amount of money – you can spend above your account balance up to a limit. And unlike interest on a loan which is charged monthly, interest on an overdraft is charged daily.
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Join the millions of people who use Kuda to spend, save, borrow, and get more from their money every day.
