Overdraft facility

Freedom and flexibility

12.79 % p.a.

Variable interest rate

Freedom and flexibility

12.79 % p.a.

Variable interest rate

Achieve peace of mind and convenience by having access to cash when you need it. Take out an Overdraft facility to ensure you can access cash when your bank account reaches zero. The best part? Automatic activation and no maximum Overdraft limit.

The details:

  • Your overdraft forms part of your Everyday Transaction Account.

  • There is no maximum Overdraft limit.

  • Your interest is calculated daily on any outstanding balance and charged monthly in arrears.

  • Use your Bank First Visa Debit or ATM Card to access the Overdraft.

  • Rates and Fees
    Interest Rates Interest Rates
    Interest Rates
    Variable interest rate 12.79% p.a.
    Overdraft Annual Service Fee for limits $1000 or less 1 $30
    Overdraft Annual Service Fee for limits greater than $1000 1 $72
    Establishment Fee $0
    Administration Fee $0
  • More Info


    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.



    The Overdraft is typically unsecured, but we do assess on a case-by-case basis.

Loan repayments calculator

Work out what your minimum loan repayments may be, for any borrowed amount.

Find Out More
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We can help you

Taking out a personal Overdraft facility is a journey you shouldn’t go through alone. Our Lending Specialists are here to guide you through the process.


Apply online

Ready to apply? It only takes 10 minutes to get started online.

Apply now
Call us

Call us

Speak with a loan specialist and apply over the phone.

1300 654 822
Important Information
Interest Rates effective 1 August 2020.
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.