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About Personal Overdrafts


A Personal Overdraft is a great feature of your Everyday Account that allows you to access additional funds, up to an approved limit.

  • Links directly to your Everyday Account
  • $0 establishment fee
  • No monthly interest charges or fees if you don’t use your overdraft
  • Immediate access to funds through your CommBank Keycard or Debit MasterCard®
  • Save on potential overdrawing and dishonour fees
  • Avoid declined transactions
  • Peace of mind that you are ready to manage life’s little emergencies at any time

Rates and fees

16.60% p.a.* Interest rate

*subject to change  

Fee type



Establishment fee

Upfront cost payable when accepting a personal overdraft


Loan service fee

Monthly charge to cover costs of keeping account active

See table below

Peak Debt During a Month

Monthly Charge



$1 to $1000


$1001 to $5000


More than $5000


Other fees and charges are payable. Full terms and conditions will be included in our loan offer.

How to apply

Applying for a new overdraft or limit increase is quick and easy. You can either:

  • Call us on 13 2221 or
  • Visit your local branch

More information

  • Applications for finance are subject to our standard credit approval
  • Full terms and conditions will be included in our Personal Overdraft offer
  • Fees and charges are payable
  • A copy of our Standard Fees and Charges for Personal Loans and Personal Overdrafts can be picked up from any of our branches, or by calling 13 14 31, 8.00am to 8.00pm, seven days a week

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How can we help you?