The Capricornian
Business Access Overdraft
Take control of your cash flow with a Capricornian business overdraft so you can ride out those unexpected business expenses.
OverdraftsBank updated 17 July 2026
At a glance
- Variable
- 9.10%
- Upfront fee
- $3,650
- Monthly fee
- $115
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableCustomer margin may apply | — | — | — | 9.10% | — | Aged 18 years or older |
§ 02 — Fees · 20
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Arrears Fees - 2nd and Subsequent Reminder Letter Fee | Event | $20 | — | Applies when you exceed your Overdraft Limit. |
| Arrears Fees - Default Notice Fee | Event | $40 | — | If you don’t make your payment after a period of time in arrears, you will be issued with a default notice. |
| BPAY - Branch and Contact Centre | Payment | $3 | — | — |
| EFTPOS Including declined transactions | Payment | $0.70 | — | — |
| Account Service Fee | Periodic | $10 | Every 1 mo | Account Service Fee Exemption Business |
| Card Fee | Periodic | $6 | Every 3 mo | — |
| Overdraft Service Fee - Overdraft Limit $5,000 and under | Periodic | $5 | Every 1 mo | — |
| Overdraft Service Fee - Overdraft Limit between $5,001 - $100,000 | Periodic | $20 | Every 1 mo | — |
| Overdraft Service Fee - Overdraft Limit Greater than $250,000 | Periodic | $50 | Every 1 mo | — |
| Overdraft Service Fee – Overdraft Limit between $100,001 - $250,000 | Periodic | $30 | Every 1 mo | — |
| Cheque Deposits | Transaction | $0.30 | — | — |
| External Funds Transfer - Branch and Contact Centre | Transaction | $3 | — | — |
| Establishment Fee - Increase to existing limit | Upfront | $400 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Overdraft Limit between $20,000 - $100,000 | Upfront | $600 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Overdraft Limit Greater than $250,000 | Upfront | $1,000 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Overdraft Limit Under $20,000 | Upfront | $500 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Temporary Overdrafts, Increase of limit between $10 - $10,000 | Upfront | $100 | — | — |
| Establishment Fee - Temporary Overdrafts, Increase of limit greater than $10,001 | Upfront | $250 | — | — |
| Establishment Fee – Overdraft Limit between $100,001 - $250,000 | Upfront | $800 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Visa Debit Cash Advance | Withdrawal | $0.70 | — | Where credit option is selected for cash/cash and purchase transaction |
§ 03 — Features
Instant paymentsPayIDDigital bankingApple PayGoogle Pay
- · Account Sweep Available Our sweep service automatically transfers funds from certain savings accounts to cover most transactions which would otherwise exceed your transaction account's available bala…
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · Credit history - all borrowers, owners, directors and guarantors must have clear credit records. All statutory payments and ATO liabilities need to be up to date and not under arrangement
- · Security: Business Overdrafts will require security in the form of residential property, commercial property, or other types of security. A guarantee will also be required by company directors for co…
- · You will need to become a member of the Credit Union before The Capricornian can accept a loan application.
§ 05 — Compare
§ 06 — Run the numbers
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Published by The Capricornian under the Consumer Data Right, last changed by them on 17 July 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.