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Interest rate
12.39% p.a.

effective 24 June 2019

More rates and fees
Rates
Total Lending Interest Rate Comparison Rate
Variable 12.39% p.a. n/a
Fees and Charges
Overdraft annual fee $24

Applying online is easy. 

Here's how...

What we'll need from you 

Along with your application, we'll need information about your financial details including income, expenses, what you own and what you owe.

If you are not an existing customer, we can verify your identity online using the following ID's:

  • Australian Drivers Licence 
  • Australian Passport 
  • Australian Medicare card
Assessment

We take responsible lending seriously, meaning that we are very careful in making sure you have the capacity to repay a loan. Our Loan Application Guide is designed to provide clarity on our loan application process.  

Approval

We make our loan application process easier by issuing and managing documents online. When you're approved, a member of our lending team will send through the contract ready for you to review. 

Everything you need to know about this account

Eligibility

To apply for an Overdraft on your account, you will need to be: 

  • 18 years or older
  • An Australian Citizen or permanent resident of Australia
  • Currently in receipt of regular income
  • Have maintained a good credit history for the past 5 years
  • An existing Everyday Access or Pension account customer

A truly responsible bank can make society better

We use the money our customers deposit to make loans to people, community organisations and businesses that create positive change. When you bank with Bank Australia, you can be confident your money is working towards a positive and more sustainable future. 

That’s why we’re the bank with clean money.

The fine print

Terms and conditions, fees and charges apply and are available on application. Loans subject to normal lending criteria and approval.