It’s great to know you've got access to extra funds if you ever need them. With an overdraft on your everyday account you’ll have extra flexibility and peace of mind – and you’ll only pay interest when you use it.

An overdraft is ideal if you:

  • want the ability to access extra funds at any time
  • have a fluctuating income and need flexibility
  • want control over your repayments – there's no monthly minimum repayments, so you can control how and when you repay your overdraft.

Interest rates

You only pay interest on the amount of credit you use.

View our current interest rates.


Overdraft application fee
Monthly overdraft management fee

Special rates

Special offers such as reductions on interest rates and fees may be applicable if you're under 21 or a full-time tertiary student.


With an ANZ Overdraft you’ll always have access to extra funds. Your overdraft facility is linked to your everyday account, and you can borrow up to your agreed overdraft limit. You’ll only pay overdraft interest on the amount you use – so if you don’t use it, you won’t pay overdraft interest. There’s no minimum monthly repayment – you can repay your overdraft as soon as you like.

To get the most out of your overdraft, we recommend you minimise interest payments by repaying as much of the extra funds used as soon as possible.


To be eligible for an overdraft on your transaction account, you must:

  • be 18 years or older with a regular income
  • have your main source of income directly credited to your account
  • be a New Zealand resident.


What's your next step?

For existing everyday account customers:

Call Us
Call 0800 269 296

If you are new to ANZ:

Apply Online
Apply online for an everyday account with an Overdraft
Call Us
Call 0800 269 296

*Fees are subject to change. For more information about our fees please refer to the Fees and Charges brochure (PDF 132kB).

A copy of our Reserve Bank Disclosure Statement is available on this website or on request from any ANZ branch, free of charge. This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. If you wish to consult one of ANZ's financial advisers, please contact us on  0800 269 296

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