A helping hand when you might need it most. If your bank balance dips a little low, a Defence Bank overdraft facility offers the safety net of additional funds at short notice for unexpected emergencies.
Category: Overdrafts Last Updated April 16, 2024 Effective December 21, 2015
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information
Interest Rate 13.99% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
OverdraftAdditional Information: Overdraft
Card AccessAdditional Information: Choice of Visa Debit card
OtherAdditional Information: Lock & Block
NotificationsAdditional Information: Card Alerts
Digital WalletAdditional Information: Apple/Google/Samsung/Fitbit/Gamin Pay
Digital WalletAdditional Information: Quick Cards
Bill PaymentAdditional Information: Bpay
Npp Payid
Npp Enabled
Unlimited Txns
OtherAdditional Information: Bank@Post
OtherAdditional Information: Round Up
Digital Banking
OtherAdditional Information: Cheque book
OtherAdditional Information: Deposit book
OtherAdditional Information: No annual fee.
OtherAdditional Information: No application fees.
OtherAdditional Information: No monthly fees.
Product Eligibility
Residency StatusAdditional Information: Australian residents only.
Min AgeAdditional Information: 18
Other - Lending Criteria.. Additional Information: Individuals must have capacity.
Bank Fees and Charges
Loan Variation Fee (Event), Amount: 50.00. Additional Information: Payable when the loan conditions are varied at the request of the loan holder
Overlimit Fee (Event), Amount: 10.00. Additional Information: Payable each time the account exceeds its credit limit by more than $50AUD without authorisation and daily for subsequent debit transaction(s) where the credit limit has already exceeded by more than $50.
Arrears Reminder Notice Fee (per Letter) (Event), Amount: 20.00. Additional Information: Payable each time we send you a reminder notice relating to arrears on a loan
Default Notice (enforcement Notice) (Event), Amount: 20.00. Additional Information: Payable each time we send you a reminder notice relating to a default on a loan