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Mortgage Secured Overdraft

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This overdraft is designed for minor home renovations, holidays, medical expenses, or unexpected expenses.

9.30% pa
Interest Rate


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  • Overdraw a transaction account by a set limit
  • Credit limits $10,000 to $50,000
  • Interest only paid when account goes into debit
  • Lower interest rate than most credit cards
  • Ongoing credit (i.e. no fixed term)
  • Available for All Purpose Savings or Prestige Account
  Additional Product Information:
Mortgage Secured
Key Features
Variable interest rate9.30% pa
RepaymentsGreater of 2% or $20.00 of outstanding balance per month
StatementsMonthly
Loan periodOngoing credit, reviewed annually
Availability of fundsNormal access through channels via your account

 

 

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