The Finance Algorithm
CENTRAL WEST CREDIT UNION LTD

S18 Smart Plus (secured by mortgage over residential property)

For customers who have a Smart or Premium Smart Variable Rate Home Loan who require a overdraft on their transaction account

OverdraftsBank updated 1 June 2026
At a glance
Variable
1.25%
Upfront fee
$150
§ 01 — Rates · 6
TypeApplies toTermBandRateComparisonConditions
VariableOnly members with a Smart or Premium Smart Housing Loan are eligible for this product. Debit interest is charged every month7.70%
Variableup to $5,0001.25%paid every 1 mo
Variable$10,000–$25,0001.40%paid every 1 mo
Variable$25,000–$50,0001.45%paid every 1 mo
Variable$5,000–$10,0001.30%paid every 1 mo
Variable$50,000+2.10%paid every 1 mo
§ 02 — Fees · 6
FeeTypeAmountWhenNotes
DORMANT_ACCOUNT_FEEEvent$10Charged after 2 years of inactivity
MONTHLY_VISA_CARD_FEEPeriodic$2Fee is applicable to active cards only Relationship Balance Under 16 years of age
PAPER_STATEMENT_FEEPeriodic$2.50Under 16 years of age
DIRECT_DEBIT_REJECTION_FEETransaction$10
OVERDRAFT_ESTABLISHMENT_FEEUpfront$150Only applicable when applying for an Overdraft facility
OVERDRAWN_ACCOUNT_FEEWithdrawal$10
§ 03 — Features
Digital bankingUnlimited transactionsApple, Samsung & Google Pay
  • · Funds at Call
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Residents only

Published by Central West CUL under the Consumer Data Right, last changed by them on 1 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.