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 7% 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.
Before you apply
Good financial management makes it easier to get lending approved. We may also be able to offer a lower interest rate. See our tips for things that can help.
How to apply
From overseas: +64 9 523 7220
Related products
Cash flow management
To improve and manage your business finances, delve into your costs vs income over time. Our guides can help, including free templates to forecast cash flow and work out your break-even point.
Important information
Eligibility, lending criteria, terms, conditions and fees apply to all business lending products.
Our financial advice provider statement (PDF 44.6KB) has some important information you should know about ANZ and our financial advice services. Please take the time to read it.