St. George Bank
Commercial Unsecured Overdraft
This product is for consumers who wish to obtain a flexible unsecured line of credit with a variable interest rate
OverdraftsBank updated 18 May 2026
At a glance
- Variable
- 9.81%
- Upfront fee
- $250
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableCommercial Base Rate | — | — | — | 9.81% | — | — |
§ 02 — Fees · 2
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Line Fee | Periodic | 1.20% of balance | Every 1 mo | A Line fee is charged monthly on the overdraft limit. This Fee is subject to negotiation. It will be set out in your Facility Offer. |
| Lending Establishment Fee | Upfront | $250 | — | This fee is waived for new customers |
§ 03 — Features
RedrawExtra repaymentsRelationship manager
- · Special offer: $0 establishment fee for a limited time, you?ll pay $0 establishment fee when you add a Commercial Overdraft to a business transaction account or top-up your existing Commercial Overdr…
- · 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
§ 04 — Eligibility & limits
- · Minimum age 18
- · Available to businesses
- · A business entity or an individual 18 years and above, domiciled in Australia and require the funding wholly or predominantly for business purposes
- · Meets the credit criteria and credit policy requirements under an applicable offer for this product.
- · For existing eligible St. George customers.
§ 06 — Run the numbers
Put this product through a calculator
Published by St.George Bank under the Consumer Data Right, last changed by them on 18 May 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.