The Finance Algorithm
Queensland Country Bank

Overdraft - 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.

OverdraftsBank updated 23 Sept 2026
At a glance
Variable
11.09%
Upfront fee
$50
Monthly fee
$0
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
VariableResidential security required - Interest Rate may vary dependent on risk assessment on application.11.09%
VariableResidential or commercial security required - Interest Rate may vary dependant on risk assessment on application.14.29%
§ 02 — Fees · 10
FeeTypeAmountWhenNotes
Arrears Letter - Second Arrears LetterEvent$40
Arrears Letter Fee - Default Notice prior to EnforcementEvent$70
Overlimit FeeEvent$30On a fee for maintaining a set balance
Company Search FeeOtherVariesPrice on Application
Document FeeOtherVariesPrice on Application
Establishment FeeOtherVariesPrice on Application
Other Credit FeesOtherVariesRefer to our Fees and Charges brochure for information on other fees and charges which may apply.
Loan Maintenance FeePeriodicNo feeEvery 1 moPrice on Application
OD Annual Facility FeePeriodic$100Every 1 yr
Val Fee - PropertyHubUpfront$50
§ 03 — Features
Digital banking
§ 04 — Eligibility & 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

Published by Queensland Country Bank 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.