This information is current as at 15 November 2023 and is prepared without taking into account your individual and/or business needs and objectives. It must not be relied upon as financial product advice.
Credit provided by the Commonwealth Bank of Australia. These products are only available to approved business customers and for business purposes only. Applications for finance are subject to the Bank's eligibility and suitability criteria and normal credit approval processes. View our Business Finance and Electronic Banking Terms and Conditions, and consider them before making any decision about these products. Rates are subject to change. Fees, charges and Terms and Conditions apply.
Rates are used as a basis to determine the applicable interest rate/s charged on all relevant loans. Interest margins may apply.
1 May be secured by residential property
2 Must be secured by residential property
3 Includes a margin of 0.15%p.a. over the Residential Equity Rate of 8.35%p.a. Interest rate effective date from 13 November 2023.
4 Includes a margin of -1.06%p.a. over the Business Card Index Rate of 14.55%p.a. Interest rate effective date from 12 December 2022.
5 Maximum rate of 17.43%. Interest rate included in contractual documents. Outlined Excess Debit Interest/Drawing Rates may be used for your Business Overdraft, Business Transaction Account, Stream Working Capital Transaction Account, Society Cheque Account, Standard Business Cheque Account (interest bearing option), Standard Business Cheque Account (non-interest-bearing option), Overdraft Cheque Account, Agri Line of Credit; Business Line of Credit or Co-Operative Society Housing Loans
Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Interest rates on offer may vary at any time without notice. Terms and Conditions, eligibility criteria, fees and charges will apply.
6 48 hour notice period’ may be otherwise referred to as a ‘2 day notice period’ in various product collateral (CGA). Notices must be submitted before 10pm Sydney time to be processed on the same day. Notices submitted after 10pm Sydney time may be processed the following day and the clock will start once the notice is processed.
7 48 hour and 7 day notice periods are not available for Financial Institutions.
Please refer to ‘What these terms and conditions cover’ in the CGA General Information and Terms and Conditions for further details on the terms of your contract with us, regarding fees that may apply to your account. Generally we’ll credit any funds to your Balance on Hold, and debit fees and charges from your Balance at Call. However, your Balance on Hold or Balance on Notice may also be debited for fees and charges for certain types of transactions. If this happens, the most you’ll be able to withdraw is your available balance, as determined by us, adjusted for these fees and charges (which may be lower than your Balance at Call displayed in your online banking).
The target market for the products will be found within the product’s Target Market Determination. You can view the General Information and Terms and Conditions for each of the products below:
You should consider the Financial Services Guide and the Electronic Banking Terms and Conditions together with the relevant General Information and Terms and Conditions above before making any decision about these products and services. Bank fees and charges may apply.
Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945.