As soon as your account is overdrawn, a variable debit interest rate is applied to the overdrawn amount. Interest is charged quarterly, and the term is open-ended.

The debit interest rate is variable and depends on the development of the reference rate set by the European Central Bank (ECB). Therefore, the interest rate applicable to you may vary depending on when and to what extent you use your overdraft facility. You can view your current interest rate in the app at any time via the three dots next to the “Send Money” button → Overdraft.

The lender is Solaris SE, Cuvrystraße 53, 10997 Berlin.
The credit intermediary is Tomorrow GmbH, Neuer Pferdemarkt 23, 20359 Hamburg.