Temporary overdrafts

Temporary overdrafts provide access to additional funds (up to an approved limit) due to an emergency.

Interest Rates

Type	Rate	Comparison	Applies To
Variable If your Temporary Overdraft is not fully repaid once your expiry date arrives, your account will be considered overdrawn and you'll be charged the debit excess interest rate.	14.9%	—	—

Fee	Type	Amount
Overdraft usage fee No Fee charged to establish or use a Temporary Overdraft.	Event	$0.00

Any amount received into the account will be used to repay the facility.
Linked to your agreed transaction account, your Temporary Overdraft lets you access additional funds (up to an approved limit) due to an emergency.
No fees or interest is charged unless the account is overdrawn past the facility expiry date.
Overdrawn amounts that are not repaid beyond the facility expiry date will be subject to Debit Excess interest.
The additional funds can be accessed for a limited period, with a maximum term of 62 days.
When the balance of their eligible CBA bank account reaches zero, customers will get access to an overdraft facility to cover expenses.

Employment status — Eligible to workEligible to work in Australia and receiving regular income (not unemployment benefits).
Minimum age — 18 years- You are aged 18 years and above. years
Individuals onlyYou can only use for personal, domestic or household purposes due to an emergency. Cannot be used for investment or business purposes or by trustees or nonpersonal entities.
Available on accounts with a maximum of 2 account holders.
Joint account holders must have equal use of the overdraft.
Must already hold or be eligible to open a CommBank Everyday Account.
Must have a source of funds with which to repay the Temporary Overdraft facility before the expiry date.
Residency status — Residency StatusMust have an Australian residential address.

Published by CommBank under the Consumer Data Right · Last updated 13 May 2026 · Product ID 8d328bbee6ab4f54ae981d9f93ef3cd7 · View on CDR.gov.au