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12.09% p.a. variable interest rate

A personal overdraft is an unsecured loan (up to an agreed limit) that forms part of your everyday Westpac Choice bank account that can help cover some of life’s unexpected financial emergencies.

  • Overdraft loans - from $250 to $25,000
  • Only pay interest on funds used (when fees and charges are paid on time)
  • Being linked to your Westpac Choice bank account means you have multiple ways to access funds including with a Westpac Debit Mastercard®
  • Overdraft interest rate – 12.09% p.a. variable
  • No security required for a personal overdraft
  • $0 lending establishment fee; and $6 monthly loan account fee (other fees may apply).


Overdraft amount Variable rate
$250 - $25,000 12.09% p.a.


Fee Amount
Lending establishment fee Nil
Monthly loan account fee for Unsecured Personal Overdrafts up to $25,000 $6

Other fees and charges may be payable. Find out how you can minimise fees and charges on your Overdraft.


Things you should know

See our full terms and conditions (PDF 234KB) or contact us. Terms and conditions may be varied or new terms and conditions introduced in the future.

Variable rate may change without notice.  Conditions, fees and normal lending criteria apply. More product details are available on request.

Debit Mastercard holders need to be at least 18 years of age, and have an Australian residential address.

World Mastercard®, Mastercard® and the Mastercard brand mark are registered trademarks, and PayPass is a trademark of Mastercard International Incorporated.

BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.