Overdraft product is no longer available for new accounts.
| 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 |
Reducing your overdraft limit has been made simpler with the addition of an online form. Simply click on the link below to take you through to the online form. Reduce Limit
Alternatively, you can 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, simply click on the link below to take you through to the online form. Cancel My Overdraft
Alternatively, you can 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 1 December 2023.
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.
