ANZ Business overdraft
Get flexible credit for your daily cash flow needs with an overdraft that is linked to your business transaction account.
Benefits
Rates and fees
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Overdraft interest rate | You will pay the Business Overdraft Base Rate, currently —% p.a., plus a margin on the amount of the agreed overdraft limit you use. Interest is calculated daily on the outstanding amount only. Various interest rates apply. |
Monthly overdraft management fee | Unless agreed otherwise in your facility agreement, 0.12% (minimum $5 a month). Calculated and charged monthly as a percentage of the highest agreed credit limit available during that month. |
Overdraft application fee | Minimum amount of either $75.00 or 1.00% of the approved credit limit or increase, whichever is greater. |
Excess interest rate | If you don't have an arranged overdraft limit or you exceed your approved overdraft limit we can charge you an excess interest rate. Unless stated otherwise in your facility agreement, the excess interest rate is our Business Overdraft Base Rate plus 15% p.a. We can charge you excess interest on any amounts over your credit limit, until you repay them. |
Service charges apply when a specific service is used. See the full list of Business rates, fees and agreements.
Apply online using ANZ goBiz
If you use MYOB or Xero, you can apply for up to $500,000 secured or $250,000 unsecured lending for your business. This total includes any existing lending you may already have with ANZ.
How to apply
From overseas: +64 9 523 7220
Related products
Important information
ANZ lending criteria and fees apply to ANZ Business Overdraft ANZ Business Home Loans and ANZ Business Flexible Facility.
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