Overdrafts
Personal and business overdraft rates and fees.
89 overdrafts from 38 banks, read every night from what each one publishes under the Consumer Data Right.
Business banking rates gathers overdrafts, loans, savings, term deposits and cards for businesses, with each institution's best and the median.
Go to every overdraftEvery institution's best rate, today
As published on 7 November 2026Lowest advertised rate open to anyone, including lines of credit secured against a home. One dot per institution, at its lowest personal overdraft or line of credit rate anyone can apply for; hover or tap a dot for its name.
What are the lowest overdraft rates today?
As of 7 November 2026, the lowest personal overdraft or line of credit rate is 7.49%, from Police Credit Union Limited's Allegro Line of Credit, while the typical best across 15 institutions is 9.25%. The lowest business overdraft rate is 8.24%, from IMB Bank's Commercial Credit line, while the typical best across 12 institutions is 10.06%.
Each institution counts once, at its best product anyone can apply for, so the typical figure is the middle one: half do better, half worse. Pick a rate to see every product behind it.
| Rate | Best anywhere | Typical institution |
|---|---|---|
| Personal overdraft or line of creditLowest advertised rate open to anyone, including lines of credit secured against a home | 7.49%Police Credit Union Limited's Allegro Line of Credit | 9.25%of 15 institutions |
| Business overdraftLowest advertised rate; most are variable | 8.24%IMB Bank's Commercial Credit line | 10.06%of 12 institutions |
Overdrafts, lowest rate first
As of 7 November 2026, the lowest advertised overdraft rate open to anyone is 7.49% variable, from Police Credit Union Limited's Allegro Line of Credit. 2 other overdrafts offer the same rate.
81 of 89 overdrafts match these filters. 8 with restricted eligibility (staff, profession, age, green or business-only) are hidden.
Published by each institution under the Consumer Data Right, last changed by them on 7 Nov 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.