BUSINESS OVERDRAFT

Ongoing overdraft facility to access additional funds to manage cash flow and expenses.

OverdraftsBank updated 9 June 2026

At a glance

Variable: 8.50%

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.

Typical 10.06%

10%12%14%16%18%

This overdraft: 8.50%Every other institution's lowest, 11 in all

Lowest advertised rate; most are variable. One dot per institution, at its lowest business overdraft rate anyone can apply for; hover or tap a dot for its name.

Typical 10.06%

10%12%14%16%18%

This overdraft: 8.50%Every other institution's lowest, 11 in all

Lowest advertised rate; most are variable. One dot per institution, at its lowest business overdraft rate anyone can apply for; hover or tap a dot for its name.

Rate	This overdraft	Best anywhere	Typical institution	Where it sits
Business overdraftLowest advertised rate; most are variable	8.50%	8.24%IMB Bank's Commercial Credit line	10.06%of 12 institutions	3rd lowest of 12
Business overdraftLowest advertised rate; most are variable	8.50%	8.24%IMB Bank's Commercial Credit line	10.06%of 12 institutions	3rd lowest of 12

Rates

The one rate SCCU publishes for this overdraft.

Type	Applies to	Term	Band	Rate	Comparison	Conditions
VariableRates available for unsecured or mortgage secured overdraft (secured capped at 80%LVR)	-	-	-	8.50%	-	-

Features

None published.

Eligibility and limits

None published.

Compare it with others

All overdrafts Other Southern Cross Credit Union overdrafts Everything Southern Cross Credit Union publishes

Put this product through a calculator

Published by Southern Cross Credit Union under the Consumer Data Right, last changed by them on 9 June 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.