NABNAB QuickBiz Overdraft
An unsecured business overdraft is a line of credit that you can easily access anytime.
At a glance
- Variable
- 16.50%
- Loan size
- $5,000 to $50,000
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.
Lowest advertised rate open to anyone, including lines of credit secured against a home. One dot per institution, at its lowest personal overdraft or line of credit rate anyone can apply for; hover or tap a dot for its name.
| Rate | This overdraft | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal overdraft or line of creditLowest advertised rate open to anyone, including lines of credit secured against a home | 16.50% | 7.49%Police Credit Union Limited's Allegro Line of Credit | 9.25%of 15 institutions | 15th lowest of 15 |
Rates
The one rate NAB publishes for this overdraft.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableNAB may discount the purchase rate at its discretion, including for promotional purposes. | - | - | - | 16.50% | - | Based on customer relationship |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 10 Oct 2026 | Variable | 16.25% | 16.50% | up 0.25 |
Each change is logged the night it appears in the rates National Australia Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
While you hold it1
- Service fee
A service fee of 1.75% per annum of the Overdraft limit is charged monthly on the last banking day.
1.75% of balance a month
Features
Eligibility and limits
- Minimum age 18
- Available to businesses
- Amount $5,000 to $50,000
- Operated under your current registered ABN/ACN for more than 12 months
- Registered for GST
- You have a business and residential address in Australia.
- Other lending criteria apply.
Compare it with others
Put this product through a calculator
Published by National Australia Bank under the Consumer Data Right, last changed by them on 10 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.