Key benefits.
If you’re seeking a revolving line of credit offering flexibility, value and control, our Business Overdraft could be what you need. Use the overdraft to combine your business loan and working capital requirements.1
Competitive interest rate.
Limits as small as $10,000.
No monthly fee – even when not drawndown.
Features.
- A financial safety net for when you’re a little short of funds
- No fees for redrawing up to your limit2
- Fast approval and funding process
- Visa Debit Card available
- Load your Beyond Bank Visa Debit Card to your phone to make fast and easy transactions
- Some transactions performed on this account are included within a Business Banking fee allowance
- BPAY available
- Notifications available with Internet Banking or via notifications from Mobile Banking. Service enables information about accounts to be sent via SMS to a specified mobile number. It is event triggered or on demand
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
Interest rates.*
Variable.
| Secured Overdraft. | Interest Rate (%p.a.) |
|---|---|
| Variable Rate | 8.84% p.a |
| Unsecured Overdraft. | Interest Rate (%p.a.) |
|---|---|
| Variable Reference Rate | 12.99% p.a |
Fees and charges.
| Approval / Variation Fee (This fee is waived for Pinnacle Plus & Life Members) | $295 |
View our Fees and Charges Guide for the full details. Other up-front fees including government charges may apply based on the loan and application type and can be advised on application.
How to apply.
Talk to one of our Business Banking specialists today.
Who can apply?
Business Overdraft is available to business customers. When you acquire this product you will automatically become a member of Beyond Bank Australia and become a part-owner of the bank.
More banking solutions.
* Interest rates are current as at 21 November 2023.
A margin may apply on top of the base rate depending on the borrower and the type of security provided.
1 Secured against an eligible residential or commercial property.
2 Refer to our Fees and Charges booklet for more information.
Business Overdraft is secured by registered mortgage over property.
Terms, conditions, lending criteria, fees and charges apply. Full details are available at the time of application or by contacting us. All loans are provided by Beyond Bank Australia Ltd. ABN 15 087 651 143 AFSL/Australian Credit Licence 237 856. Interest rates are subject to change without notice.
