CommBank
Temporary overdrafts
Temporary overdrafts provide access to additional funds (up to an approved limit) due to an emergency.
OverdraftsBank updated 23 Sept 2026
At a glance
- Variable
- 14.90%
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableIf your Temporary Overdraft is not fully repaid once your expiry date arrives, your account will be considered overdrawn and you'll be charged the debit excess interest rate. | — | — | — | 14.90% | — | — |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Overdraft usage fee | Event | No fee | — | No Fee charged to establish or use a Temporary Overdraft. |
§ 03 — Features
- · Any amount received into the account will be used to repay the facility.
- · Linked to your agreed transaction account, your Temporary Overdraft lets you access additional funds (up to an approved limit) due to an emergency.
- · No fees or interest is charged unless the account is overdrawn past the facility expiry date.
- · Overdrawn amounts that are not repaid beyond the facility expiry date will be subject to Debit Excess interest.
- · The additional funds can be accessed for a limited period, with a maximum term of 62 days.
- · When the balance of their eligible CBA bank account reaches zero, customers will get access to an overdraft facility to cover expenses.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Residency Status
- · Employment: Eligible to work
- · Available to individuals
- · Available on accounts with a maximum of 2 account holders.
- · Joint account holders must have equal use of the overdraft.
- · Must already hold or be eligible to open a CommBank Everyday Account.
- · Must have a source of funds with which to repay the Temporary Overdraft facility before the expiry date.
§ 06 — Run the numbers
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Published by CommBank 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.