Unfortunately, applications for new Gibraltar Gold Current Accounts are no longer available.
Did you know that you can manage your N&P current account online through our secure Internet Banking Service? You can then have access to your account 24 hours a day, 365 days a year. Once registered you can:
- view your balance
- check your statements
- set up, amend or cancel a new or existing bill payment or Standing Order
- view and cancel your Direct Debits
- send a secure message to N&P
Free card use worldwide for existing customers
If you are an existing Gibraltar Gold Current Account customer you can enjoy free VISA debit card* usage worldwide.
No matter where you are, we won't charge you for cash withdrawals**, retail transaction charges or handling fees. All we ask is that you use your account at least five times each month or have an average balance of £5,000 or we may close your account.
*VISA debit card is subject to status.
**An overseas ATM or retailer may add their own charge. You would be told about this at the time of transaction. The exchange rate used for currency conversions is the wholesale rate of exchange applied by VISA.
How this helps existing Gibraltar Gold Current Account customers
- Save time looking around for exchange rates and you won't need to pay any commission on foreign currency or travellers cheques.
- Takes away the hassle of carrying large sums of foreign currency around. You won't have to worry about running out of holiday money.
- Just go to any cash machine displaying the VISA/PLUS symbol, as you would at home.
Find out more about the interest rates and charges you could incur on this account.
If you make fewer than five transactions a month or your average balance over the month is £5,000 or more, we may close your account.
One simple interest rate for overdrafts
Please note, new Gibraltar Gold Current Account customers are not eligible for an agreed overdraft facility, at any time. Customers who have existing approved overdraft facilities on their Gibraltar Gold Current Account may continue to use them but no new applications for overdrafts facilties will be considered.
If you use your Gibraltar Gold Current Account to make payments when you do not have enough money in your account you will be charged. The interest rate for both approved and unapproved overdrafts is 17.9% EAR*. You also get a £10 fee-free buffer zone to help you manage your money and avoid overdraft charges if you only go overdrawn by a small amount (interest applies).
Unapproved overdraft charge#
£19 per month
Approved overdraft charge
£5 per month
Unapproved overdraft interest rate
Approved overdraft interest rate
View all of the Gibraltar Gold Current Account interest rates and charges.
Representative example - customers who opened their account before 15th April 2013
If you overdraw on 5 March for up to the maximum of £250 for 3 months, you will incur a £5 fee for each month or part month you are overdrawn and incur interest at 16.58% p.a. variable (17.90% EAR** variable). The total charge would be £31.28.
*EAR stands for Equivalent Annual Rate and does not take into account any additional charges (e.g. monthly charges) which may be applicable.
One low charge for paid and unpaid items
Paid item charges# (for any payments that we pay which take you overdrawn without agreement or, if you are an existing customer with an approved overdraft limit, beyond your limit) and unpaid item charges# (for any payments that we do not pay because they would take you overdrawn without agreement or beyond your approved overdraft limit) are just £15.
# From 1 January 2014, N&P capped the charges for the total combined unapproved overdraft usage, unpaid item and paid item for each account (i.e. cheques, standing orders or Direct Debits issued without having sufficient funds in your account for payment). The cap is set at £79 so for unapproved overdraft usage, unpaid item and paid item charges you will never be charged more than the capped amount in a calendar month for each account. Any of these charges incurred in December 2013 (which won’t have a cap applied) will be notified to you on your January statement and be debited on the last day of that month.
Terms and conditions
If you are an existing customer and hold an N&P Gibraltar savings account you can view the following current account information here: