A-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 28 July 2026
At a glance
- Variable
- 10.16%
- Loan size
- $50,000 to $5,000,000
- Monthly fee
- $22
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment · Interest only | — | $50,000–$5,000,000 | 10.16% | — | — |
| Variable | Investment · Interest only | — | $50,000–$5,000,000 | 10.83% | — | — |
§ 02 — Fees · 18
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| ATM_DIRECT_CHARGE_FEE | Cash advance | Varies | — | 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. |
| CONDITIONS_SUBSEQUENT_COSTS | Cash advance | Varies | — | 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… |
| DOCUMENT_PREPARATION_COSTS_AND_THIRD_PARTY_COSTS | Cash advance | Varies | — | 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. |
| LEGAL_AGENT_FEE | Cash advance | Varies | — | Charges vary according to location of security. May be payable if we arrange a legal agent to represent us. |
| VALUATION_FEE_-_NEW_LOANS_&_LOAN_INCREASES | Cash advance | Varies | — | 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… |
| DEFAULT_ADMINISTRATION_FEE | Event | $40 | — | Charged per month, if you fail to make a payment by the due date |
| DISHONOUR_FEE_-_DIRECT_DEBIT_AND_EXTERNAL_PAYMENT | Event | $15 | — | 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 |
| MORTGAGE_RELEASE_FEE | Event | $400 | — | 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 |
| SETTLEMENT_FEE | Event | $100 | — | Payable when we process the settlement of your loan. Waived for Freedom Package loans |
| TELEGPRAPHIC_TRANSFER_FEE | Payment | $50 | — | $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. |
| ACCOUNT_SERVICE_FEE_-_BUSINESS_ACCESS_ACCOUNT | Periodic | $10 | Every 1 mo | Payable for managing your account |
| OVERDRAFT_LINE_FEE | Periodic | $12 | Every 1 mo | This fee is charged to ensure the limit is available as required |
| CURRENCY_CONVERSION_FEE | Transaction | 3.00% of transaction | — | Payable when you use your card to pay for purchases or withdraw cash at overseas retail outlets or overseas ATM |
| DIRECT_DEBIT | Transaction | $0.50 | — | Payable if we process a direct to your account. This includes payments which you initiate electronically |
| RTGS_OUTWARD_PAYMENT_FEE | Transaction | $20 | — | 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 |
| ESTABLISHMENT_FEE_-_BUSINESS_LOANS | Upfront | 0.50% of balance | — | 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… |
| CHEQUE_WITHDRAWAL_USING_CHEQUE_BOOK | Withdrawal | $2 | — | Payable when you write a cheque and it is presented on your account |
| FOREIGN_ATM_WITHDRAWAL_FEE | Withdrawal | $5 | — | Plus 3% Currency Conversion Fee. Payable when you use your Visa Debit Card at any oversas ATM to withdraw from your account |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsOverdraft
- · Credit interest payable - see Business Access Account for deposit rates.
§ 04 — Eligibility & limits
- · Available to businesses
- · Amount $50,000 to $5,000,000
- · Maximum LVR 80%
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Auswide Bank Ltd under the Consumer Data Right, last changed by them on 28 July 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.