Arab Bank Australia Ltd ProdBusiness Overdraft
Our Business Overdraft product is designed to assist businesses with their working capital needs.
At a glance
- Variable
- 17.90%
- Loan size
- $10,000 to no maximum
- Upfront fee
- $600
- Monthly fee
- $6
How it compares
This overdraft 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.
| Rate | This overdraft | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business overdraftLowest advertised rate; most are variable | 17.90% | 8.24%IMB Bank's Commercial Credit line | 10.06%of 12 institutions | 11th lowest of 12 |
| Business overdraftLowest advertised rate; most are variable | 17.90% | 8.24%IMB Bank's Commercial Credit line | 10.06%of 12 institutions | 11th lowest of 12 |
Rates
Every rate Arab Bank Australia Ltd Prod publishes for this overdraft, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableFlexible repayment structures including principal and interest or interest only. Arranged Overdraft Rate | - | - | - | 17.90% | 0.00% | - |
| VariableFlexible repayment structures including principal and interest or interest only. Unarranged Overdraft Rate | - | - | - | 21.90% | 0.00% | - |
Fees
11 fees published, grouped by when they're charged.
- When you take it out$600Application Fee
- While you hold itUp to $62 fees, each listed below
- When you close it or pay it off$250Discharge of Security Fee
When you take it out1
- Application Fee$600
While you hold it2
- Line Fee
Standard minimum line fee is 1% of the approved limit. Fee rate may vary.
1.00% of transaction a year - Monthly Service Fee$6 a month
When you make a transaction1
- Over the Counter Fee
Payable in relation to any over the counter transactions.
$0.65
When particular things happen6
- Additional Security Consent Fee
Payable whenever the Customer asks the Bank to consent to a security interest over the security property or any other property subject to the security. It is payable whether or not the Bank consents…
$150 - Deed Production Fee
Payable by the Customer whenever the Bank is required to produce a document to a government registry. It does not include any solicitor costs or fees payable to a government registry to register a do…
$60 - Direct Debit Dishonour Fee
Payable whenever a direct debit to the Customer’s loan account is dishonoured.
$35 - Tenanted Security Report Fee
Per hour or part thereof - payable when the security property is to be the place of residence of the Customer and the Bank ascertains by inspection (because the Customer did not tell the Bank) that t…
$100 - Title Change Fee
Payable if the Customer asks the Bank to change the title to any security property (for example as a result of a court order or by operation of law). It does not include any solicitor costs or fees p…
$100 - Transfer Fee
Payable if the Customer asks the Bank to change the security property by releasing its security over some or all of the security property and taking security over different property, without any othe…
$300
When you close it or pay it off1
- Discharge of Security Fee
Payable if the Bank agrees to discharge a security. The Bank may use some or all of this fee to pay its external costs. It does not include any solicitor costs or fees payable to a government registr…
$250
Features
- Interest only available
- Secured by commercial or residential properties, as well as a host of other securities that can be mixed or separated as need be.
Eligibility and limits
- Amount from $10,000, no maximum
- For information on eligibility criteria, please contact our Relationship Managers.
Compare it with others
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Published by Arab Bank Australia Limited under the Consumer Data Right, last changed by them on 13 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.