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ANZ Personal Overdraft

Product not available for sale after 4 July 2021

Your personal line of credit

ANZ Personal Overdraft is a credit facility that can be a feature of selected ANZ everyday accounts. It gives you the convenience of extra cash, with the flexibility to pay for anything from unexpected bills to large purchases whenever you like.


Overdraft features

Links to your ANZ everyday account

ANZ Personal Overdraft could be added as a feature to these ANZ everyday accounts: ANZ Access Advantage, ANZ One and ANZ Access Select.

Only pay interest on what you use

You’ll have easy access to the money, but you won’t pay any interest charges on any credit you don’t use.disclaimer

No fixed repayments

With an ANZ Personal Overdraft, you can use and repay funds as it suits you - you’re in control.

It’s easy to access

Simply access funds in the same way as you normally bank, including the ANZ Appdisclaimer, ANZ ATMs, EFTPOS and Internet Banking, or at any ANZ Branch.

Rates and fees

rates and fees

The variable interest rate


Approval fee

credit facility fee for ANZ Personal Overdraft

Credit limit: Under $20,000


Credit limit: $20,000- $49,999


Credit limit: $50,000 and over

rates and fees

Credit limit

$1,000 minimum

Credit facility fee (charged quarterly, advised on applicationdisclaimer)

credit facility fee for ANZ Personal Overdraft

Credit limit: Less than $20,000

$200 p.a.

Credit limit: $20,000 or more

1.7% of the limit p.a.

Your questions answered

The ANZ Personal Overdraft product will not be available for sale after 4 July 2021.

All existing customers with an ANZ Personal Overdraft facility will not be impacted by this change and can continue to use their product as usual.

No, after 4 July 2021, ANZ Personal Overdrafts cannot be transferred to any other Everyday bank account.

In line with ANZ’s product simplification program, ANZ has decided to stop selling the ANZ Personal Overdraft product.

For $500 and $1,000 limits, you could consider applying for an ANZ Assured product if it suits your needs. For more information on this product, please visit:

This change is effective from 4 July 2021. After this date, ANZ will not accept new ANZ Personal Overdraft applications.

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. Australian credit licence number 234527.

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 134kB), ANZ Personal Banking Account Fees and Charges (PDF 190kB) and the Financial Services Guide (PDF 104kB) which are available at or by calling 13 13 14, before deciding whether to acquire, or continue to hold, the product. Fees, charges and eligibility criteria apply.

Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Android, Google Play and the Google Play logo are trademarks of Google Inc.

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


The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Super, Shares and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. This information is general in nature only and does not take into account your personal objectives, financial situation or needs. ANZ recommends that you read the ANZ App Terms and Conditions available here for iOS and here for Android and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.


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.