manage the borrowing as it suits you - there are no minimum or fixed monthly repayments
apply for a temporary overdraft extension.
How it works
an overdraft facility can be arranged on your primary transaction account
security may be required, and can include residential property, commercial property or business assets
we can set up your overdraft facility limit to reduce over time by a set amount on an agreed regular cycle
minimum limit - $500
maximum limit - will be determined by your ability to meet credit and debt-servicing criteria
your overdraft will be set up subject to an annual or periodic review.
Interest
Interest is
calculated daily on any overdraft funds used
charged monthly (on last business day).
Service fees
Normal transaction fees will apply for your account. An establishment fee applies and some other services fees, including overdrawn or line of credit charges, may apply from time to time.
All applications for finance are subject to Westpac's current lending criteria.
The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.
