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Overdraft FAQs

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Not familiar with overdrafts? Read our FAQ's to help you get started.

  What is an Overdraft?
An Overdraft is a line of credit that’s linked to your Everyday Savings Account. It gives you extra spending power at your fingertips by ensuring you have available funds for your direct debits or unexpected bill. Your overdraft is only ever activated once you run out of your own money, meaning you only pay interest on the funds that you use.
  How much can I borrow?
With an Overdraft you have the option to borrow up to $30,000. Remember, the amount you can borrow will be assessed and determined by your ability to meet your loan repayments. We pride ourselves on our transparent, honest lending and endeavour to help all members achieve their dreams without living above their means.
  What is a comparison rate?
A comparison rate includes the interest rate and any fees payable over the life of the loan, giving you a true understanding of how much you’ll be paying on top of the principal. It’s always a good idea when comparing loans to consider not just the interest rate, but the comparison rate.
  Are there establishment fees for Overdrafts?
Overdrafts have an establishment fee of $250.
  Are there any monthly or account keeping fees?
Overdrafts don’t have any ongoing or account keeping fees.
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Want to talk to a real person about an overdraft?

You can request a call back from our team , or call 1300 622 278, Monday to Friday 8am – 5:30pm.
Our Camden, Narellan, Picton or Tahmoor branch teams are also happy to help you with your enquiry.

Find out where our local branches are located.

  Find out more


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