Overdraft

An Overdraft is a continuing line of credit facility attached to your transaction account. It's designed to help you over those peak periods when unexpected bills arrive. You can draw as much or as little as you want up to your pre-approved limit.
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Only pay interest on the portion of the overdraft used
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Interest is calculated daily and charged monthly on the portion of the overdraft used
16.95% pa1 Interest rate
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Overdraft |
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Interest Rates | Variable Interest Rate | 16.95% pa | Features | Minimum Amount | $500 | Maximum Amount | $40,000 | Loan period | Continuing credit | Repayments | Monthly, fortnightly, weekly | Annual/ Monthly Fee | Annual Fee | Establishment Fee | $150 | Auto repayments salary/account | Yes |
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Credit eligibility criteria, terms and conditions, fees and charges apply.
1. Maximum loan amount $40,000.