Personal Line of Credit

An IMB Personal Line of Credit works in conjunction with your everyday banking account, so you have the simplicity of managing one account with the added benefit of easy access to extra funds as you need them.
Category: Overdrafts  Last Updated March 3, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a VARIABLE product. Additional Information
Interest Rate
13.85% 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

  • Card Access Additional Information: Visa Debit Card is not available to individuals under 15
  • Additional Cards Additional Information: Account holders may hold both a Visa Debit and Cashcard per eligible account
  • Digital Banking Additional Information: Internet Banking and Mobile Banking App.
  • Npp Payid Additional Information: Create a PayID through IMB’s Internet Banking or Mobile Banking App to receive Osko payments.
  • Npp Enabled Additional Information: This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds
  • Bill Payment Additional Information: BPAY® is an electronic bill payment service, providing a convenient access point for the payment and receipt of consumer bills.
  • Notifications Additional Information: IMB Alerts keep you up to date by sending you SMS or email alerts regarding your banking. Account Alerts help you keep track of your finances and Internet Banking Security Alerts to help keep you safe online. You can register for Alerts in Internet Banking.
  • Other Additional Information: Direct debit is available on this account type.
  • Other Additional Information: Direct Credit is available on this account type.
  • Other Additional Information: Schedule Electronic Funds Transfers or Periodic Payments via internet banking, in branch or telephone banking
  • Other Additional Information: Make and receive Electronic Funds Transfers (EFT) from this account type.
  • Other Additional Information: Do your day to day banking with your IMB transaction account at Australia Post Offices where Bank@Post is available.
  • Other Additional Information: IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
  • Other Additional Information: IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
  • Other Additional Information: As of 1 June 2021, IMB will not offer a cheque facility to customers that become Members on or after that date, or to existing Members who have not been issued a cheque facility before that date
  • Digital Wallet Additional Information: Mobile payments are an easy and secure way to pay when you're on the go - using nothing but your phone or smartwatch. To get started, all you need to do is link your IMB Visa Debit Card with your preferred digital wallet.
  • Digital Wallet Additional Information: Mobile payments are an easy and secure way to pay when you're on the go - using nothing but your phone or smartwatch. To get started, all you need to do is link your IMB Visa Debit Card with your preferred digital wallet.
  • Digital Wallet Additional Information: Mobile payments are an easy and secure way to pay when you're on the go - using nothing but your phone or smartwatch. To get started, all you need to do is link your IMB Visa Debit Card with your preferred digital wallet.
  • Digital Wallet Additional Information: Mobile payments are an easy and secure way to pay when you're on the go - using nothing but your phone or smartwatch. To get started, all you need to do is link your IMB Visa Debit Card with your preferred digital wallet.
  • Extra Repayments Additional Information: Unrestricted additional repayments
  • Other Additional Information: PayTo is available on this account type.

 Product Eligibility

  • Other Additional Information: Lending criteria, terms and conditions apply
  • Other Additional Information: Personal Credit Line must be linked to an IMB deposit account. Please consider the PDS available from IMB before making a decision about this product
  • Other Additional Information: You must have a good credit history and a monthly income.
  • Min Age - 18.

 Bank Fees and Charges

  • Fees And Charges Apply To Linked Account Imb Deposit Account. (Variable), Amount: 0.00. Additional Information: Personal Credit Line facility must be linked to an IMB deposit account. Terms, conditions, fees and charges apply to the linked account. Please consider the PDS available from IMB in relation to IMB deposit products and facilities.

 Limitations & Restrictions (Constraints)

  • Min Limit of 500
  • Max Limit of 20000