The Finance Algorithm
A-Auswide Bank logoA-Auswide Bank

BUSINESS OVERDRAFT

A business overdraft with flexibility to draw on your available credit limit, allowing you to manage business cash flow and expenses.

Business loansBank updated 8 Oct 2026
Fees and pricing ↗

At a glance

Variable
10.41%
Loan size
$50,000 to $5,000,000
Monthly fee
$10

How it compares

This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This business loan: 10.41%Every other institution's lowest, 46 in all

Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.

This business loan: 10.41%Every other institution's lowest, 46 in all

Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.

RateThis business loanBest anywhereTypical institutionWhere it sits
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower10.41%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions41st lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower10.41%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions41st lowest of 47

Rates

Every rate A-Auswide Bank publishes for this business loan, 2 in all.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only-$50,000–$5,000,00010.41%--
VariableInvestment, Interest only-$50,000–$5,000,00010.83%--

Fees

18 fees published, grouped by when they're charged.

  1. When you take it out0.50% of balanceESTABLISHMENT_FEE_-_BUSINESS_LOANS
  2. While you hold itUp to $122 fees, each listed below
  3. When you close it or pay it offNo fee published

When you take it out1

  • ESTABLISHMENT_FEE_-_BUSINESS_LOANS

    Miniumu fee of $600.00. To cover our costs associated with establishing your loan/additional loan, further advance, increasing your credit limit or when you substitute one security property with anot…

    0.50% of balance

While you hold it2

  • ACCOUNT_SERVICE_FEE_-_BUSINESS_ACCESS_ACCOUNT

    Payable for managing your account

    $10 a month
  • OVERDRAFT_LINE_FEE

    This fee is charged to ensure the limit is available as required

    $12 a month

When you make a transaction11

  • ATM_DIRECT_CHARGE_FEE

    Direct charge fee is levied by the ATM owner. May be payable to the ATM owner when using your card to withdraw or check your balance at a non-Auswide Bank ATM network ATM.

    Varies
  • CONDITIONS_SUBSEQUENT_COSTS

    Charges vary - Charged at Cost. May apply to reimburse us the costs associated with confirming compliance with any special conditions in your loan agreement, such as the charges from third parties to…

    Varies
  • DOCUMENT_PREPARATION_COSTS_AND_THIRD_PARTY_COSTS

    Charged at Cost. May apply where we need to engage external solicitors to prepare the mortgage documents. Covers the cost of documentation preparation, Government charges etc.

    Varies
  • LEGAL_AGENT_FEE

    Charges vary according to location of security. May be payable if we arrange a legal agent to represent us.

    Varies
  • VALUATION_FEE_-_NEW_LOANS_&_LOAN_INCREASES

    Initial Valuation Fee included in Establishment Fee up to $300 (total per application). Initial Valuation Fee included in Package Fee up to $400 (total per application), subsequent Valuation Fees (eg…

    Varies
  • TELEGPRAPHIC_TRANSFER_FEE

    $AU cuurency $50 per transfer OR foreign currency $30 per transfer. Payable each time you request an electronic transmission of funds to an account at an overseas bank.

    $50
  • CURRENCY_CONVERSION_FEE

    Payable when you use your card to pay for purchases or withdraw cash at overseas retail outlets or overseas ATM

    3.00% of transaction
  • DIRECT_DEBIT

    Payable if we process a direct to your account. This includes payments which you initiate electronically

    $0.50
  • RTGS_OUTWARD_PAYMENT_FEE

    Payable each time you request a high value, time critical payment from your account to another financial institution on a real time basis for same day payment

    $20
  • CHEQUE_WITHDRAWAL_USING_CHEQUE_BOOK

    Payable when you write a cheque and it is presented on your account

    $2
  • FOREIGN_ATM_WITHDRAWAL_FEE

    Plus 3% Currency Conversion Fee. Payable when you use your Visa Debit Card at any oversas ATM to withdraw from your account

    $5

When particular things happen4

  • DEFAULT_ADMINISTRATION_FEE

    Charged per month, if you fail to make a payment by the due date

    $40
  • DISHONOUR_FEE_-_DIRECT_DEBIT_AND_EXTERNAL_PAYMENT

    Charged per rejection. Payable when you've arranged a direct debit payment or external payment to an account at another financial institution but there are insufficient clear funds in your account

    $15
  • MORTGAGE_RELEASE_FEE

    Plus third party costs if applicable. Payable per mortgage when we process your request to release a security from your loan, including a partial release. Third party costs may also be payable

    $400
  • SETTLEMENT_FEE

    Payable when we process the settlement of your loan. Waived for Freedom Package loans

    $100

Features

Instant paymentsPayIDDigital bankingUnlimited transactionsOverdraft
  • Credit interest payable - see Business Access Account for deposit rates.

Eligibility and limits

  • Available to businesses
  • Amount $50,000 to $5,000,000
  • Maximum LVR 80%

Published by Auswide Bank Ltd under the Consumer Data Right, last changed by them on 8 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.