Westpac Banking Corporation

Personal loans

Personal Overdrafts

Essentials

  • 12.59% p.a. variable interest rate1
  • An unsecured Personal Overdraft is a line of credit which allows you to control your expenditure while giving you financial flexibility
  • Available on Westpac Choice2
  • Apply for an overdraft limit from $250 up to $25,000
  • Pay interest only on the money you use, when fees and charges are paid on time
  • No security required
  • Low monthly fees 3.  

A convenient way of making sure you have enough money in your account at all times.

How you can access your money

  • ATM
  • EFTPOS
  • Telephone Banking
  • Online Banking
  • BPAY ®
  • Branch
  • Cheque
  • Automatic payments.

Benefit summary

  • You only pay interest on the money you use (provided fees and interest are paid when debited to the account)
  • You pay a low establishment fee
  • No security required.
Woman shopping for fruits with her grandmother
Apply for Personal Overdrafts now
Things you should know
  • 1. Variable rate as at 23 January 2012. Rate subject to change without notice.
  • 2. Unsecured and Temporary Personal Overdrafts are only available on Westpac Choice and are subject to the Bank's normal lending criteria.
  • 3. Fees and charges apply. Full Terms and Conditions available on request. These may be varied or new Terms and Conditions introduced in the future.
  • BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518

Fees

Fees and charges for Personal Overdrafts
Fee Amount
Establishment fee Nil
Monthly service fee for Unsecured Personal Overdrafts up to $25,000 $6 

 

Things you should know
  • 1. Variable rate as at 23 January 2012. Rate subject to change without notice.
  • 2. Unsecured and Temporary Personal Overdrafts are only available on Westpac Choice and are subject to the Bank's normal lending criteria.
  • 3. Fees and charges apply. Full Terms and Conditions available on request. These may be varied or new Terms and Conditions introduced in the future.
  • BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518

Rates

Personal Overdraft rates 1
Overdraft amount Rates
 $250 to $25,000 12.59% p.a.
(variable interest rate)

View Personal Overdrafts essentials.

Things you should know
  • 1. Variable rate as at 23 January 2012. Rate subject to change without notice.
  • 2. Unsecured and Temporary Personal Overdrafts are only available on Westpac Choice and are subject to the Bank's normal lending criteria.
  • 3. Fees and charges apply. Full Terms and Conditions available on request. These may be varied or new Terms and Conditions introduced in the future.
  • BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518

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