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ANZ Overdrafts

Access to funds for the unexpected

With an overdraft facility on your ANZ everyday account you’ll have peace of mind, knowing that some extra funds will be there when you need them. 

 

 

 

ANZ Assured

A credit limit of either $500 or $1,000 could help to cover unexpected cash shortfalls.

Rates & fees

rates and fees
Interest rate disclaimer
Approval Fee $0
Credit facility fee $60 a year, charged monthlydisclaimer

You get

  • Extra cash when you need it
  • The benefit of only paying interest on the credit you use
  • $0 Approval Fee
  • A low monthly fee

Use this overdraft to

  • Cover unexpected cash shortfalls
  • Avoid overdrawn feesdisclaimer

Are you eligible?

ANZ Personal Overdraft

The Personal Overdraft on your eligible ANZ everyday account provides you with credit of $1,000 or more (up to an approved limit) to be used whenever you need it.

Learn more        How to apply      

Rates & fees

interest rate for ANZ Personal Overdraft
Interest rate disclaimer


Approval fee

Loan establishment fee
Under $20,000: $100
$20,000-$49,999: $200
$50,000 and over $500


Credit facility fee (payable quarterlydisclaimer)

Credit facility fee
Less than $20,000: $50 - $100
$20,000 or more: 1.7% - 2.6% of the limit p.a.

You get

  • Extra cash when you need it with no set repayments
  • The benefit of only paying interest on the credit you use

Use this overdraft to

  • Cover unexpected financial needs
  • Gain control of your finances

Are you eligible?

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. 

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. ANZ recommends you read the ANZ Assured and Personal Overdraft Terms and Conditions (PDF 398kB), ANZ Personal Banking Account Fees and Charges (PDF 190kB) and the Financial Services Guide (PDF 336kB) which are available at anz.com or by calling 13 13 14, before deciding whether to acquire, or continue to hold, the product. Fees, charges and eligibility criteria apply.

The interest rate applicable as at  is  but is variable and may change.

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This fee is payable monthly. It is calculated by dividing the annual credit facility fee of $60 by 366, then multiplying that figure by the number of days that facility is on effect for that month.

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Debits will be honoured up to your approved credit limit.  If there are no funds available under this credit facility, ANZ may process the debit using the Informal Overdraft facility for your linked account (refer to the terms and conditions of your linked account for more details about the Informal Overdraft facility).

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The interest rate applicable as at  is  but is variable and may change.

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The fee is payable in arrears on the quarterly charging date. The fee is calculated by dividing the quarterly credit facility fee by the number of days in the quarter, then multiplying by the number of days the facility was in effect for that quarter. The quarterly charging dates occurs every 3 month anniversary from the account inception date or such other date as nominated by ANZ. For example if the account inception date was 12 January then the quarterly charging dates for a calendar year would be 12 April, 12 July, 12 October and 12 January. Where the quarterly charging date falls on the 29th, 30th or 31st of a month which does not contain such a date, the fee will be charged on the proceeding business day.

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