Business Overdraft (Unsec)
A Business overdraft provides ongoing access to funds when you need them. Use the overdraft to combine your business loan and working capital requirement in one flexible revolving line of credit.
- From
- 12.99%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Business Overdraft - Unsecured Line of Credit Loan for Business or Commercial purposes. Conditions apply.A margin may be added to the rate indicated that will change the actual rate received. | 12.99% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Search Fee This fee is payable for each search we conduct in relation to a loan including an ASIC search or Title search. | Upfront | $35.00 |
| Approval / Variation Fee Applicable when you apply for new or increased credit or request a change to your line of credit contract. | Upfront | $295.00 |
| Default Notice Fee This fee is payable whenever we send you a default notice because you have defaulted under the contract. | Event | $20.00 |
| Default fee on Business Overdraft (Unsecured) This fee is payable on the 15th of every month whilst you are in default. | Event | $25.00 |
Features
- Bill payment (BPAY) — BPAY available.
- Card access — Visa Debit Card available.
- Digital banking
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
- Digital wallet — Mobile Wallet
- Load your Beyond Bank Visa Debit Card to your phone to make fast and easy transactions.
- Notifications — Text Me or Push Notification Alert
- 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.
- Real-time payments (NPP)
- New Payments Platform (NPP) available. Allows you to send and receive money instantly between eligible accounts with your PayID.
Eligibility
- Business customersAvailable for Business purposes only. Conditions apply.
- Membership: You must be or become a Beyond Bank Australia member.
- Lending Criteria applies.
- Residency status — Australian CitizenMust be an Australian citizen, permanent Australian resident or hold a Visa. If a Visa holder's income is relied upon to determine serviceability, the term of the Visa must exceed the term of the loan.
Constraints
- Maximum limit — $10,000.00
- Maximum LVR — 0%
- Minimum limit — $5,000.00
- Minimum LVR — 0%
More Information
Published by Beyond Bank Australia under the Consumer Data Right · Last updated 27 November 2025 · Product ID 53 · View on CDR.gov.au