Temporary overdrafts

Temporary overdrafts provide access to additional funds (up to an approved limit) due to an emergency.
Category: Overdrafts  Last Updated May 13, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a VARIABLE product. Additional Information If your Temporary Overdraft is not fully repaid once your expiry date arrives, your account will be considered overdrawn and you’ll be charged the debit excess interest rate.
Interest Rate
14.90% 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 Features

  • Other Additional Information: Linked to your agreed transaction account, your Temporary Overdraft lets you access additional funds (up to an approved limit) due to an emergency.
  • Other Additional Information: No fees or interest is charged unless the account is overdrawn past the facility expiry date.
  • Other Additional Information: When the balance of their eligible CBA bank account reaches zero, customers will get access to an overdraft facility to cover expenses.
  • Other Additional Information: Overdrawn amounts that are not repaid beyond the facility expiry date will be subject to Debit Excess interest.
  • Other Additional Information: Any amount received into the account will be used to repay the facility.
  • Other Additional Information: The additional funds can be accessed for a limited period, with a maximum term of 62 days.

 Product Eligibility

  • Residency Status - Residency Status. Additional Information: Must have an Australian residential address.
  • Natural Person - Personal Use. Additional Information: You can only use for personal, domestic or household purposes due to an emergency. Cannot be used for investment or business purposes or by trustees or nonpersonal entities.
  • Other - Joint Use. Additional Information: Joint account holders must have equal use of the overdraft.
  • Min Age - 18 Years- You Are Aged 18 Years And Above..
  • Employment Status - Eligible To Work. Additional Information: Eligible to work in Australia and receiving regular income (not unemployment benefits).
  • Other - Account Holder. Additional Information: Must already hold or be eligible to open a CommBank Everyday Account.
  • Other - Repayment. Additional Information: Must have a source of funds with which to repay the Temporary Overdraft facility before the expiry date.
  • Other - Joint Account. Additional Information: Available on accounts with a maximum of 2 account holders.

 Bank Fees and Charges

  • Overdraft Usage Fee (Event), Amount: 00.00. Additional Information: No Fee charged to establish or use a Temporary Overdraft.

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