Commercial Overdraft

Easy access to approved finance to manage everyday business expenses.

OverdraftsBank updated 6 Nov 2026

At a glance

Variable: 10.06%
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.

Typical 10.06%

10%12%14%16%18%

This overdraft: 10.06%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: 10.06%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	10.06%	8.24%IMB Bank's Commercial Credit line	10.06%of 12 institutions	6th lowest of 12, level with 2 others
Business overdraftLowest advertised rate; most are variable	10.06%	8.24%IMB Bank's Commercial Credit line	10.06%of 12 institutions	6th lowest of 12, level with 2 others

Rates

The one rate St. George Bank publishes for this overdraft.

Type	Applies to	Term	Band	Rate	Comparison	Conditions
VariableCommercial Base Rate	-	-	-	10.06%	-	-

Rate changes

One change logged, newest first.

Date	Rate	Was	Now	Change
9 Oct 2026	Variable	9.81%	10.06%	up 0.25

Each change is logged the night it appears in the rates St.George Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

5 fees published, grouped by when they're charged.

When you take it out0.60% of balanceLending Establishment Fee
While you hold itVaries2 fees, each listed below
When you close it or pay it off$350Discharge Settlement Fee

When you take it out1

Lending Establishment Fee
Minimum charge of $600.00
0.60% of balance

While you hold it2

Account Keeping Fee
No fee
Line Fee
1.20% of balance a month

When particular things happen1

Valuation Costs
Varies

When you close it or pay it off1

Discharge Settlement Fee
Payable when we agree to discharge a security linked to the facility
$350

Features

RedrawExtra repaymentsDigital bankingRelationship manager

Approved amount of extra funds linked to your business transaction account
Access funds when spending exceeds your business account balance
Secured or unsecured option
Variable interest rates
24/7 access to available funds, up to the approved limit
Only pay interest on the overdraft amount used
Manage cash flow while you wait for customer payments
Helps with unexpected business expenses

Eligibility and limits

Minimum age 18
Available to businesses
Meets the credit criteria and credit policy requirements under an applicable offer for this product.

Compare it with others

All overdrafts Other St.George Bank overdrafts Everything St.George Bank publishes

Put this product through a calculator

Published by St.George Bank under the Consumer Data Right, last changed by them on 6 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.