St. George BankCommercial Unsecured Overdraft
Obtain a flexible unsecured line of credit with a variable interest rate. If you're applying for an unsecured commercial overdraft, you must be an existing St. George business customer.
At a glance
- Variable
- 10.06%
- Upfront fee
- $250
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.
| 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
2 fees published, grouped by when they're charged.
- When you take it out$250Lending Establishment Fee
- While you hold it1.20% of balance a monthLine Fee
- When you close it or pay it offNo fee published
When you take it out1
- Lending Establishment Fee$250
While you hold it1
- Line Fee
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.
1.20% of balance a month
Features
- 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.
- If you're applying for an unsecured commercial overdraft, you must be an existing St.George business customer in addition to meeting the above criteria.
Compare it with others
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.