The reassurance of having extra funds if you ever need them, giving you flexibility and peace of mind.


Rates and fees

Rate or fee

Overdraft interest rate

You will pay the Consumer Overdraft Base Rate, currently % p.a., plus 6% on the amount of the agreed overdraft limit you use.

Total rate: 18.90% p.a.

Monthly overdraft management fee


Overdraft application fee 


Unarranged overdraft fee

You will be charged this fee each month you exceed your agreed overdraft limit, or your account becomes overdrawn, by more than $10, for more than one day.

Excess interest rate

The excess interest rate is our Consumer Overdraft Base Rate plus 15% p.a. We can charge you excess interest on any amounts over your credit limit, until you repay them.

Eligibility criteria

To be eligible for an overdraft on your ANZ everyday account, you generally need to:

  • Be 18 years or older with a regular income.
  • Have your main source of income directly credited to an ANZ everyday account, with regular credits being made into the account the overdraft will be loaded on.
  • Supply your last 90 days of bank statements.
  • Be a New Zealand Citizen or Permanent Resident, or be in New Zealand and have the right to work in New Zealand for at least two years.
  • Meet our lending criteria and have a good credit history.

Aged 18 to 20, or studying full-time?

With our Jumpstart account you can apply for an interest-free overdraft of up to $2,000 after you've turned 18 to help you stay on top of your money.

Learn more about ANZ Jumpstart accounts.

How to apply

From overseas: +64 4 470 3142

Important information

Eligibility, lending criteria, terms, conditions and fees apply. Details are subject to change.

Fees and interest rates are subject to change. Non-standard fees may apply. Please use the following links for full details of our Terms and ConditionsFees and Charges (PDF 166KB)Rates, fees and agreementsANZ EFTPOS Card and ANZ Visa Debit Card Conditions of Use (PDF 103KB), and ANZ Electronic Banking Conditions (PDF 129KB).

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 269 296, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure