Business Overdraft

Access additional funds directly from your business transaction account, to manage your business cash flow or unexpected expenses.
Category: Overdrafts  Last Updated June 2, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a VARIABLE product. Additional Information Non-standard Interest Premium: Fee charged when the interest charging frequency deviates from the standard monthly cycle (e.g. quarterly, semi-annually or annually)
Interest Rate
0.10% PA
Comparison Rate
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  , PENALTY, 16.50%
  • Lending Rate Type: Penalty
  • Interest Rate: 16.50%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 8.75%
  • Lending Rate Type: Variable
  • Interest Rate: 8.75%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 14.80%
  • Lending Rate Type: Variable
  • Interest Rate: 14.80%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 11.33%
  • Lending Rate Type: Variable
  • Interest Rate: 11.33%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 11.93%
  • Lending Rate Type: Variable
  • Interest Rate: 11.93%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 17.43%
  • Lending Rate Type: Variable
  • Interest Rate: 17.43%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 11.93%
  • Lending Rate Type: Variable
  • Interest Rate: 11.93%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 0.10%
  • Lending Rate Type: Variable
  • Interest Rate: 0.10%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 0.20%
  • Lending Rate Type: Variable
  • Interest Rate: 0.20%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 0.45%
  • Lending Rate Type: Variable
  • Interest Rate: 0.45%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:

 Product Features

  • Overdraft Additional Information: An overdraft is a revolving credit facility so you can continue to access funds as and when you need.
  • Overdraft Additional Information: There are no regular fixed repayments. Repay when you put money in your linked Business Transaction Account.
  • Overdraft Additional Information: Manage unexpected expenses, or cover the cash flow gap between receiving payments from customers and paying your suppliers.
  • Overdraft Additional Information: Access your overdraft just like you would funds in your business account, using an ATM, Netbank, CommBiz, EFTPOS, cheque, over the phone, in branch and the CommBank app.
  • Overdraft Additional Information: Interest is charged on the used amount of your approved limit

 Product Eligibility

  • Business Additional Information: A registered Australian business that includes sole traders, partnerships, trusts, limited or proprietary limited companies and if you are seeking a loan for business purposes only
  • Other Additional Information: You haven't been declared bankrupt in the last 5 years.
  • Other Additional Information: You haven't been overdrawn or had your account in arrears anytime in the past 3 months.
  • Other Additional Information: You haven't had any accounts in collections in the past 6 months.

 Bank Fees and Charges

  • Establishment Fee (Upfront), Amount: 0.00. Additional Information: Fee charged to establish or refinance a facility. This may be a dollar amount or a percentage of the facility limit.
  • Line Fee (Periodic), Amount: Not Listed.. Additional Information: Fee charged for making the facility available. Calculated as a percentage based on the facility limit or outstanding balance — whichever is higher during the charging period.
  • Line Fee (Periodic), Amount: Not Listed.. Additional Information: Fee charged for making the facility available. Calculated as a percentage based on the facility limit or outstanding balance — whichever is higher during the charging period.
  • Overdrawing Approval Fee (Event), Amount: 15.00. Additional Information: Fee charged when a transaction causes the account to exceed the facility limit.
  • Dishonour Fee (Event), Amount: 5.00. Additional Information: Fee charged every time a transaction is declined due to insufficient funds within the account

 Limitations & Restrictions (Constraints)

  • Min Limit of 2000.00 Additional Information: The minimum overdraft amount is $2,000