The Finance Algorithm
Broken Hill Bank

S40 Home Equity Advantage

Borrow Using The Equity Of Your Home, Or An Investment Property, With An Overdraft Limit Linked To Your Transactional Account. A Secured Overdraft Facility Gives You The Financial Freedom And Flexibility To Pursue Your Financial Goals.

OverdraftsBank updated 23 Sept 2026
At a glance
Variable
8.30%
Loan size
$2,000 to no maximum
Upfront fee
$1,380
Monthly fee
$7
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableReference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon ApprovalP&I8.30%
§ 02 — Fees · 41
FeeTypeAmountWhenNotes
Account Combination FeeEvent$15
BHCCU Enforcement ExpenseEventNo fee
Contract Variation FeeEvent$275
Credit Bureau Default ListingEvent$75
Debt Agreement FeeEvent$150
Discharge Administration FeeEvent$250
Discharge Of Mortgage FeeEvent$500.52
Emergency VISA FeeEvent$50
Enforcement Collection CostEventNo fee
Enforcement ExpenseEventNo fee
Faxed Statement/Transfer FeesEvent$10
Guarantee Security FeeEvent$325
Miscellaneous Service FeeEvent$35
Over The Counter External Transfer FeeEvent$8
Paper Statement FeeEventNo fee
Periodical Payment AlterationEvent$5
Periodical Payment RejectionEvent$15
Replacement VISA Card FeeEvent$25
Security Handling FeeEvent$200
Settlement FeeEvent$150
Staff Assisted Internet Banking TransactionEvent$5
Statement Copy Fee (> 12 Months)Event$5
Swift Payment DepositEvent$35
VISA Chargback / Voucher FeeEvent$35
VISA Manual Processing FeeEvent$20
Overdraft Account Keeping FeePeriodic$7Every 1 mo
ATM/POS WithdrawalTransactionNo feeOnly customers older than a minimum age receive the discount
BPay Transaction FeeTransactionNo feeOnly customers older than a minimum age receive the discount
Direct DebitTransactionNo feeOnly customers older than a minimum age receive the discount
Electronic Funds Transfer FeeTransactionNo fee
Over The Counter Cheque Withdrawal FeeTransactionNo fee
Periodical Payment FeeTransactionNo fee
Agents FeeUpfrontNo fee
Credit Report FeeUpfront$20
Electronic Settlement FeeUpfrontNo fee
Lenders Mortgage InsuranceUpfrontNo fee
Overdraft Establishment Fee - Mortgage SecuredUpfront$655
Overdraft Establishment Fee - Self EmployedUpfront$705
Registration FeeUpfrontNo fee
Solicitors FeeUpfrontNo fee
Valuation FeeUpfrontNo fee
§ 03 — Features
Extra repaymentsInstant paymentsPayIDDigital bankingUnlimited transactionsOverdraftApplePay, GooglePay And SamsungPay"Relationship Rewards"
  • · No Penalties For Early Payouts
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Citizens Or Permanent Residents
  • · Amount $2,000 to no maximum
  • · Subject To Eligibility For Credit Via Loan Application Assessment

Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 23 Sept 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.