Overdraft

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Overdraft

Our overdraft facility is attached to your S1 transaction account and is designed to help you over those peak periods when unexpected bills arrive.

You can draw as much or as little as you want up to your pre-approved limit.

Approvals within 3 Hours - Subject to all documentation required being provided.
Have access to money when you need it
Only pay interest on what you use
Borrow up to $10,000
Special rates for Home Loan borrowers

15.00% pa
interest rate

	Overdraft
Minimum amount	$500
Maximum amount	up to $10,000
Repayments	Greater of 2.5% or $5.00 of outstanding balance per month
Interest charges	Calculated daily, Charged monthly
Variable and lump sum repayments	N/A
Early repayment without penalty	N/A
Monthly account keeping/service fees	No
Loan Repayment Insurance available	No
Auto repayments (salary / account)	Yes
Loan interview	Yes
Annual Fee	$50

More Information

Apply for an Overdraft

If you have any questions, please contact us