Manage your cash flow with peace of mind.
A business overdraft is a fully fluctuating facility that allows you to continue drawing money up to the approved overdraft limit.
Helps you manage your cash flow
Takes the stress out of covering wages and expenses
Ultimate repayment flexibility
Only pay interest on the funds used
- Linked to Business Everyday or Business Basic Accounts
- At call funds
- Access via debit card, e-banking, or in branch
- Digital wallets and extra security
- Variable interest rate
How does it work?
An overdraft lets you access more than what you have in your transaction account.
You'll be charged interest on the amount you borrow. And you only need to make repayments to keep your balance below your overdraft limit.
1You have a $20,000 overdraft limit.
2You use your overdraft to pay $15,000 in expenses.
3You're charged interest only on the balance, not the limit.
4Pay back the balance and you won't be charged any further interest.
Not sure which product is for you?
We can help you choose.
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# Interest rate quoted is indicative and applicable for new lending only.
Rates and fees differ based on the type of security, the loan amount and other factors.
* The Overlimit Rate applies in addition to your overdraft rate if you exceed an approved overdraft limit.