The CapricornianBusiness Access Overdraft
Take control of your cash flow with a Capricornian business overdraft so you can ride out those unexpected business expenses.
At a glance
- Variable
- 9.35%
- Upfront fee
- $100
- Monthly fee
- $5
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 | 9.35% | 8.24%IMB Bank's Commercial Credit line | 10.06%of 12 institutions | 4th lowest of 12 |
| Business overdraftLowest advertised rate; most are variable | 9.35% | 8.24%IMB Bank's Commercial Credit line | 10.06%of 12 institutions | 4th lowest of 12 |
Rates
The one rate The Capricornian publishes for this overdraft.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableCustomer margin may apply | - | - | - | 9.35% | - | Aged 18 years or older |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 9 Oct 2026 | Variable | 9.10% | 9.35% | up 0.25 |
Each change is logged the night it appears in the rates The Capricornian publishes. See how every lender answered the RBA on the rate tracker.
Fees
20 fees published, grouped by when they're charged.
- When you take it outUp to $1,0007 fees, each listed below
- While you hold itUp to $506 fees, each listed below
- When you close it or pay it offNo fee published
When you take it out7
- Establishment Fee - Increase to existing limit
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$400 - Establishment Fee - Overdraft Limit between $20,000 - $100,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$600 - Establishment Fee - Overdraft Limit Greater than $250,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$1,000 - Establishment Fee - Overdraft Limit Under $20,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$500 - Establishment Fee - Temporary Overdrafts, Increase of limit between $10 - $10,000$100
- Establishment Fee - Temporary Overdrafts, Increase of limit greater than $10,001$250
- Establishment Fee – Overdraft Limit between $100,001 - $250,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$800
While you hold it6
- Account Service Fee
Account Service Fee Exemption Business
$10 a month - Card Fee$6 every 3 months
- Overdraft Service Fee - Overdraft Limit $5,000 and under$5 a month
- Overdraft Service Fee - Overdraft Limit between $5,001 - $100,000$20 a month
- Overdraft Service Fee - Overdraft Limit Greater than $250,000$50 a month
- Overdraft Service Fee – Overdraft Limit between $100,001 - $250,000$30 a month
When you make a transaction5
- BPAY - Branch and Contact Centre$3
- EFTPOS Including declined transactions$0.70
- Cheque Deposits$0.30
- External Funds Transfer - Branch and Contact Centre$3
- Visa Debit Cash Advance
Where credit option is selected for cash/cash and purchase transaction
$0.70
When particular things happen2
- Arrears Fees - 2nd and Subsequent Reminder Letter Fee
Applies when you exceed your Overdraft Limit.
$20 - Arrears Fees - Default Notice Fee
If you don’t make your payment after a period of time in arrears, you will be issued with a default notice.
$40
Features
- 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…
Eligibility and 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.
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Published by The Capricornian under the Consumer Data Right, last changed by them on 9 Oct 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.