Commercial Overdraft

Easy access to approved finance to manage everyday business expenses.
Category: Overdrafts  Last Updated June 16, 2025  Effective July 4, 2025

 General Lending Rates

Rates listed below are for a VARIABLE product. Additional Information Commercial Base Rate
Interest Rate
9.31% 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: Special offer: $0 Overdraft set up. For a limited time, pay no establishment fee when you add an overdraft to a business transaction account. Offer is available for applications received and approved between 16 June 2025 and 31 December 2025. Credit and eligibility criteria. T&Cs, fees and charges apply.�St George Business transaction account required. Excludes Temporary Overdrafts. Maximum limit up to $1Million for new Business Overdraft and Top-up.
  • Other Additional Information: Approved amount of extra funds linked to your business transaction account
  • Other Additional Information: Access funds when spending exceeds your business account balance
  • Other Additional Information: Secured or unsecured option
  • Other Additional Information: Variable interest rates
  • Other Additional Information: 24/7 access to available funds, up to the approved limit
  • Redraw Additional Information: Repay and redraw at any time within the approved limit
  • Other Additional Information: Only pay interest on the overdraft amount used
  • Other Additional Information: Manage cash flow while you wait for customer payments
  • Other Additional Information: Helps with unexpected business expenses
  • Extra Repayments Additional Information: Subject to terms and conditions, this product has EXTRA_REPAYMENTS option available.
  • Relationship Management Additional Information: Relationship management is available for eligible customers.
  • Digital Banking Additional Information: With PayTo, you can see, review and authorise all new PayTo payments for things such as recurring bills, memberships and subscriptions before the money leaves your account.

 Product Eligibility

  • Business Additional Information: Your business must be registered in Australia
  • Other Additional Information: Be a business entity or an individual 18 years and above, domiciled in Australia;
  • Other Additional Information: Require the funding for business or investment purposes other than investment in residential property; and
  • Other Additional Information: Meets the credit criteria and credit policy requirements under an applicable offer for this product.

 Bank Fees and Charges

  • Line Fee (Periodic), Amount: Not Listed..
  • Account Keeping Fee (Periodic), Amount: 15.00.
  • Lending Establishment Fee (Upfront), Amount: Not Listed.. Additional Information: Minimum charge of $600.00
  • Valuation Costs (Variable), Amount: Not Listed..
  • Discharge Settlement Fee (Event), Amount: 250.00. Additional Information: Payable when we agree to discharge a security linked to the facility