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Overdraft Account

Is an overdraft your best option?

An overdraft on your account is like having a safety net in place. It acts as a line of credit on your bank account, covering unexpected shortfalls.

With most overdraft facilities, you only pay interest on the funds you use, although there are often fees and requirements associated with the loan.

Our comparison table helps you find the best overdraft for your needs by displaying the maximum cost and minimum monthly repayments that would be applicable if you used all the available funds.


Which overdraft is right for you?

Select state:


Amount to Borrow:


Time to Repay:

Loan Type:
Personal Loan
I have a house or other assets to offer as security

Car Loan
Personal Overdraft
Interest Rate:
Fixed
Set repayments, usually can't make extra repayments
Variable
Repayments will change as your rate changes
 

Search criteria selected:
  • State: All
  • Borrow amount: 20,000
  • Loan Type: Overdraft
  • LoanPeriod: 3 years
  • Variable

Institution Product Name VARIABLE Total Cost of Loan Monthly Repayment Amount Details
Variable Rate Comp. Rate
Get Set Loan 17.00
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$26143.96 $722.05 Go to site
Get Set Loan 17.00 - $26251.96 $725.05 Go to site
Personal Overdraft (secured) 6.46 - $22549.18 $612.62
Everyday Overdraft 10.90
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$23765.79 $656.83
Unsecured Line of Credit 11.64
11.64Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$23790.69 $660.85
Unsecured Overdraft 11.84
11.84Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$23859.32 $662.76
Edge Overdraft 11.99 - $24059.86 $664.19
Unsecured Overdraft 12.29 - $24294.15 $672.06
Overdraft 13.19 - $24325.59 $675.71
ANZ Personal Overdraft 13.26 - $24349.91 $676.39
Just in Case Overdraft 13.50
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$24553.41 $678.71
Overdraft (Unsecured) 12.39
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$24498.64 $680.52
NAB Overdraft 13.12
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$24517.28 $681.04
Unsecured Credit Limit 13.99
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$24779.40 $683.46
Personal Overdraft 14.46
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$24869.06 $688.03
Personal Line of Credit 14.98
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$24951.99 $693.11
Overdraft 15.18
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$25022.55 $695.07
Overdraft 15.20
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$25128.61 $695.27
Personal Overdraft 14.75 - $25236.98 $696.86
Cache Money 16.20
0Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $30,000 over 5 years; Secured Personal Loan $30,000 over 5 years
$25429.21 $705.12
Institution Product Name Variable Rate Comp. Rate Total Cost of Loan Monthly Repayment Amount Details
VARIABLE

“Sponsored” products are displayed first within the search results pages and can be re-sorted without this filter by de-selecting the “Show sponsored listings first” checkbox. For more information on how we’ve selected these “Sponsored” and “Featured” products click here.
WARNING: These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.

Today's Best Rates

Institution Product Rate (%) Comparison
Rate* (%)
Details
Unsecured Variable PL 11.89 11.89 Go to site
Car Loan 12.74 13.62 Go to site
Car Loan 12.74 13.62 Go to site
Car Loan 12.74 13.62 Go to site
Personal Loan - Unsecured 12.99 14.06 Go to site
Institution Product Rate (%) Comparison
Rate* (%)
Details

The comparison rates are calculated on variable and fixed rates (unsecured loans) $10,000 over 3 years & secured car loans $10,000 over 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
For information on how we’ve selected these “Sponsored” and “Featured” products click here.


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