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
| 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
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.
Rates & fees
| Interest rate | disclaimer |
Approval fee
| Under $20,000: | $100 |
| $20,000-$49,999: | $200 |
| $50,000 and over | $500 |
Credit facility fee (payable quarterlydisclaimer)
| 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
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.
Back to topThis 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.
Back to topDebits 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).
Back to topThe interest rate applicable as at is but is variable and may change.
Back to topThe 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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