Overdraft

Our overdraft gives you the convenience and access options of a credit card. Linked to your My Account or Club 55 Account with a Visa debit card or Redicard, you can have your pay or other income credited directly to your overdraft keeping interest payments at a minimum.

Purchases and withdrawals made on your overdraft use your savings first and when you savings balance reaches zero you then have an approved overdraft limit which you can withdraw up to.

An Australian Central overdraft at a glance:

• No monthly account keeping fees.
• Access 24 hours a day via ATMs and EFTPOS.
• A wide range of access options including personal cheque book and Online Banking.
• Application fee is $99 with 24 hour approval.
• You can borrow from as little as $1,000 up to a maximum of $20,000.

Click here to see our current rates

Disclaimer: Terms, conditions, fees, charges and lending criteria apply.