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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 calculated daily and charged monthly
15.22% pa Interest rate
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| Overdraft |
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| Interest Rates | | Variable Interest Rate | 15.22% pa | | Features | | Minimum Amount | $500 | | Maximum Amount | $20,000 | | Loan period | Continuing credit | | Repayments | Monthly, fortnightly, weekly | | Interest charges | Calculated daily, charged monthly | | Annual fee / monthly fee | Yes | | Establishment Fee | $150 | | Loan Repayment Insurance Available | Yes | | Auto repayments salary/account | Yes |
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