Queensland Country BankOverdraft - Secured
Our Business Overdraft is ideal if you want greater control and flexibility in respect to your day-to-day finances. An account that has the ability to cover expected and unexpected expenses as well as cashflow shortfalls.
At a glance
- Variable
- 11.34%
- Upfront fee
- $50
- Monthly fee
- $0
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 | 11.34% | 7.49%Police Credit Union Limited's Allegro Line of Credit | 9.25%of 15 institutions | 10th lowest of 15 |
Rates
Every rate Queensland Country Bank publishes for this overdraft, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableResidential security required - Interest Rate may vary dependent on risk assessment on application. | - | - | - | 11.34% | - | - |
| VariableResidential or commercial security required - Interest Rate may vary dependant on risk assessment on application. | - | - | - | 14.54% | - | - |
Fees
10 fees published, grouped by when they're charged.
- When you take it out$50Val Fee - PropertyHub
- While you hold itUp to $1002 fees, each listed below
- When you close it or pay it offNo fee published
When you take it out1
- Val Fee - PropertyHub$50
While you hold it2
- Loan Maintenance Fee
Price on Application
No fee - OD Annual Facility Fee$100 a year
When particular things happen3
- Arrears Letter - Second Arrears Letter$40
- Arrears Letter Fee - Default Notice prior to Enforcement$70
- Overlimit Fee
On a fee for maintaining a set balance
$30
Other fees4
- Company Search Fee
Price on Application
Varies - Document Fee
Price on Application
Varies - Establishment Fee
Price on Application
Varies - Other Credit Fees
Refer to our Fees and Charges brochure for information on other fees and charges which may apply.
Varies
Features
Eligibility and limits
- Minimum age 18
- Residency: Loans are available to members of the Bank who are permanent residents of Australia and currently live in Australia.
- Available to businesses
Compare it with others
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Published by Queensland Country Bank under the Consumer Data Right, last changed by them on 15 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.