At a glance
- Variable
- 9.14%
- Loan size
- $30,000 to no maximum
- Upfront fee
- $195
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 | 9.14% | 7.49%Police Credit Union Limited's Allegro Line of Credit | 9.25%of 15 institutions | 7th lowest of 15 |
Rates
The one rate QBANK publishes for this overdraft.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | - | 9.14% | - | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 2 Nov 2026 | Variable | 8.89% | 9.14% | up 0.25 |
Each change is logged the night it appears in the rates QBANK publishes. See how every lender answered the RBA on the rate tracker.
Fees
4 fees published, grouped by when they're charged.
When you take it out2
- CONSTRUCTION_SETTLEMENT_FEE
Applies once only per construction loan facility
$295 - STANDARD_SETTLEMENT_FEE
Applies once only per standard loan facility and waived on the classic plus package.
$195
When particular things happen2
- SPLIT_LOAN_FEE
Applies per additional loan split and waived on the classic plus package
$25 - TOP_UP_FEE
Applies when further lending is requested and applied to a current QBANK loan limit. Payable at the time the top-up is funded.Waived on the classic plus package
$200
Features
- No monthly fees
- Access funds up to your approved limit without applying for a new loan
Eligibility and limits
- Minimum age 18
- Amount from $30,000, no maximum
- LVR up to 80%
Compare it with others
Put this product through a calculator
Published by QBANK under the Consumer Data Right, last changed by them on 1 Nov 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.