The Finance Algorithm
Cairns bank

Business overdraft (secured)

An overdraft facility to assist with day to day cash flow, secured by real estate

OverdraftsBank updated 5 June 2026
At a glance
Variable
0.01%
Upfront fee
$200
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variablehttps://cairnsbank.com.au/banking/business-banking/secured-overdrafts/7.25%
Variable0.01%paid every 1 mo
§ 02 — Fees · 7
FeeTypeAmountWhenNotes
BANK_CHEQUE_FEEEvent$12Payable for each cheque from a Bank (other than Cairns Bank) you request
CORPORATE_CHEQUEEvent$10
DISCHARGE_PREPARATION_FEEEvent$60When the balance is repaid in full and a Form 3 is prepared
DISCHARGE_SETTLEMENT_FEEEvent$100When required to attend at settlement
ACCOUNT_KEEPING_FEEPeriodic$12
ARREARS_FEEPeriodic$25For loans in arrears two month or more
APPLICATION_FEEUpfront$200
§ 03 — Features

None published.

§ 04 — Eligibility & limits
  • · Available to individuals
  • · Available to businesses

Published by Cairns bank under the Consumer Data Right, last changed by them on 5 June 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.