ANZ Business Overdraft
An ANZ Business Overdraft provides your business with flexible credit for your daily cash flow needs. Your overdraft is linked to your business transaction account.
Product information
Access
Access your account via:
Features
- Revolving credit to draw against as required.
- Credit limit to suit your working capital requirements.
- Interest charged only on the credit you use.
- No fixed or minimum repayments.
Security
Various types of security may be considered, such as the fixed assets of the business, subject to ANZ lending criteria.
Credit limit
Apply for the limit that suits your working capital requirements.
Credit extensions
Short-term extensions are available, subject to ANZ lending criteria.
Debit interest
Interest is calculated daily on the outstanding amount only. Various interest rates apply.
Statements
Overdraft transactions are included in your transaction account statement.
Overdraft application fee
A minimum amount of either $75 or 1% of the approved credit limit or increase, whichever is greater. ANZ will advise the customer if the application fee is higher than this minimum amount.
Monthly overdraft management fee
0.12% (min $5).
(calculated as a percentage of the agreed overdraft limit or overdrawn balance, whichever is greater).
Service charges
Service charges apply when a specific service is used, for more information:
For more information or to apply
Online
Fill in our enquiry form and
we'll contact you
Phone
0800 269 249
+64 9 523 7220
Mon-Fri 8am-8.30pm and
Sat/Sun 9am-5pm (NZT)
Branch
Find your local branch and talk
to a Business Specialist
Related products
ANZ Business Start-up Package
If your business is less than two years old, pay no transaction or monthly account fees on your ANZ Business Current Account for the first 12 months^, amongst other banking benefits.
ANZ Business Loan
The ANZ Business Loan is available as a variable or fixed interest rate loan.
Important information
ANZ lending criteria and fees apply to ANZ Business Overdraft and ANZ Business Flexible Facility.
^Eligibility, lending criteria, terms, conditions and fees apply.
