| Interest rate (p.a.) |
|---|---|
Variable interest rate - This product is no longer available for new accounts | 12.79% |
|
|
|---|---|
Application fee | $0 |
Establishment fee | $0 |
Redraw fee | $0 |
|
|
|---|---|
Annual fee for limits under $1,0001 | $30 |
Annual fee for limits over $1,0001 | $72 |
To reduce your overdraft limit, contact us by phone on 1300 654 822 (within Australia) or +61 3 9834 8560 (overseas), via email at info@bankfirst.com.au or by visiting one our Branches.
To cancel your overdraft contract, contact us by phone on 1300 654 822 (within Australia) or +61 3 9834 8560 (overseas), via email at info@bankfirst.com.au or by visiting one our Branches.
Repayments
You will only be required to cover a minimum monthly repayment of 5% of the outstanding balance or $20 (whichever is greatest). Easily transfer funds anytime to reduce your outstanding balance and reduce the interest you pay.
Security
The Overdraft is typically unsecured, but we do assess on a case-by-case basis.
Interest Rates effective 5 February 2025.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
1. The Overdraft Service Fee is payable on the last business day in June.
The information provided on this website does not take into account your objectives, financial situation or needs. Therefore, you should firstly consider the appropriateness of this information and refer to the Terms and Conditions or the relevant Product Disclosure Statement (PDS) before acquiring a product. These documents are available at our branches or by contacting us on 1300 654 822.
