Cover urgent expenses
A KBC Brussels Budget Facility allows you to temporarily overdraw your account up to 1,250 euros, avoiding the need to dip into your savings.
No overdraft = no charges
If there's enough money on your account in a given month and you don't need to overdraw it, you pay nothing.
Three months to make your account positive again
You have up to three months to get your current account back in credit.
Access to additional funds can come in handy at times
It could be that you want to make a large payment or allow yourself something extra, but you aren't sure whether your salary has been paid into your account.
Or you urgently need to pay a large bill, but you've
noticed last month's spend on your credit card has just been debited
from your account. With the KBC Brussels Budget Facility, you can make
that payment with peace of mind.
Up to 750 euros
No fixed charges
If your account remains in credit, you don’t pay anything. You
only pay for the amount you're overdrawn by and the days your account
How much does it cost to go overdrawn?
We charge interest at a rate of 10.48% on the amount
you're overdrawn by. For instance, if you go 100 euros overdrawn for
two days, you pay interest of just 0.06 euros.
When is the interest calculated?
Every three months, we calculate how much interest you have to pay.
If it's more than 2.50 euros, it'll be automatically deducted from
your current account. If it's 2.50 euros or less, it'll be added to
any interest for the next three-month period.
How long can you be overdrawn?
If you go overdrawn, you have exactly one month to clear your debit balance. Once your account has been back in credit for at least one day, you can dip into your overdraft facility again.
(Your KBC Brussels Budget Facility contract continues as before,
unless you cancel it one month in advance by registered post.)
Choose your own account
Link your Budget Facility to your KBC Brussels Plus Account. If you're self-employed and have business expenses, you can link your business account to a KBC Brussels Business Budget Facility.
Get it online
Whether you're at home or on the go, it's easy to take out a KBC Brussels Budget Facility in KBC Brussels Mobile and KBC Brussels Touch. Not with us yet? Come and talk to us at one of our branches or contact KBC Brussels Live.