--- title: "Business Overdraft — CommBank" description: "Overdrafts from CommBank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/commbank/products/d7c55e295f504692a54360f0d2092c25 source: "CDR Compare" language: en-AU last_updated: 2026-08-18T01:15:03.000Z --- # Business Overdraft — CommBank > Overdrafts from CommBank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Overdrafts** Access additional funds directly from your business transaction account, to manage your business cash flow or unexpected expenses. ## At a glance - **From:** 0.1% (Variable) ## Apply Applications are handled by the provider: [Apply at CommBank](https://www.commbank.com.au/business/loans-and-finance/business-overdraft.html?#apply) ## Interest rates | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable (Non-standard Interest Premium: Fee charged when the interest charging frequency deviates from the standard monthly cycle (e.g. quarterly, semi-annually or annually)) | 0.1% | — | — | | Variable (Non-standard Interest Premium: Fee charged when the interest charging frequency deviates from the standard monthly cycle (e.g. quarterly, semi-annually or annually)) | 0.2% | — | — | | Variable (Non-standard Interest Premium: Fee charged when the interest charging frequency deviates from the standard monthly cycle (e.g. quarterly, semi-annually or annually)) | 0.45% | — | — | | Variable (Residential Equity Rate - variable rate, residential security. Interest charged on the drawn portion of the facility limit. Based on a variable base rate, plus or minus a customer-specific margin. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 8.35% | — | — | | Variable (Secured Business Overdraft Variable Rates from 8.75%. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 8.75% | — | — | | Variable (Corporate Overdraft Reference Rate (CORR). Interest charged on the drawn portion of the facility limit. Based on a variable base rate, plus or minus a customer-specific margin. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 11.33% | — | — | | Variable (Overdraft Index Rate (OIR). Interest charged on the drawn portion of the facility limit. Based on a variable base rate, plus or minus a customer-specific margin. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 11.93% | — | — | | Variable (Commercial Overdraft Index Rates (OIR). Interest charged on the drawn portion of the facility limit. Based on a variable base rate, plus or minus a customer-specific margin. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 11.93% | — | — | | Variable (Debit Interest Rate. Interest charged on the drawn portion of the facility limit. Based on a variable base rate, plus or minus a customer-specific margin. Business Overdraft Online Unsecured Variable rate from 14.80%. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 14.8% | — | — | | Penalty (Default Interest Rate. Interest charged if you fail to pay an amount on the due date. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 16.5% | — | — | | Variable (Excess Drawing/Debit Interest Rate. Interest charged on any amount exceeding the facility limit. Advertised interest rates may vary depending on individual application circumstances. Rates and fees are subject to change. Fees, charges, T&Cs and eligibility criteria apply.) | 17.43% | — | — | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Establishment Fee — Fee charged to establish or refinance a facility. This may be a dollar amount or a percentage of the facility limit. | Upfront | Variable | | Line Fee — Charged monthly · Fee charged for making the facility available. Calculated as a percentage based on the facility limit or outstanding balance — whichever is higher during the charging period. | Ongoing | 1.7% of balance | | Line Fee — Charged every 3 months · Fee charged for making the facility available. Calculated as a percentage based on the facility limit or outstanding balance — whichever is higher during the charging period. | Ongoing | 1.7% of balance | | Overdrawing Approval Fee — Fee charged when a transaction causes the account to exceed the facility limit. | Event | $15.00 | | Dishonour Fee — Fee charged every time a transaction is declined due to insufficient funds within the account | Dishonour | $5.00 | ## Features - **Overdraft available** (An overdraft is a revolving credit facility so you can continue to access funds as and when you need.) - **Overdraft available** (There are no regular fixed repayments. Repay when you put money in your linked Business Transaction Account.) - **Overdraft available** (Manage unexpected expenses, or cover the cash flow gap between receiving payments from customers and paying your suppliers.) - **Overdraft available** (Access your overdraft just like you would funds in your business account, using an ATM, Netbank, CommBiz, EFTPOS, cheque, over the phone, in branch and the CommBank app.) - **Overdraft available** (Interest is charged on the used amount of your approved limit) ## Eligibility - **Business customers** (A registered Australian business that includes sole traders, partnerships, trusts, limited or proprietary limited companies and if you are seeking a loan for business purposes only) - **You haven't been declared bankrupt in the last 5 years.** - **You haven't been overdrawn or had your account in arrears anytime in the past 3 months.** - **You haven't had any accounts in collections in the past 6 months.** ## Constraints - **Minimum limit** — $2,000.00 (The minimum overdraft amount is $2,000) ## More information from CommBank - [Overview](https://www.commbank.com.au/business/loans-and-finance/business-overdraft.html?ei=tl_bo) - [Terms & conditions](https://www.commbank.com.au/important-info/business/business-finance.html) - [Eligibility](https://www.commbank.com.au/business/loans-and-finance/business-overdraft.html?ei=tl_bo) - [Fees & pricing](https://www.commbank.com.au/business/loans-and-finance/business-overdraft.html?ei=tl_bo) ## Data provenance - Published by CommBank under the Consumer Data Right - Product ID: `d7c55e295f504692a54360f0d2092c25` - Last updated by the provider: 18 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/commbank/d7c55e295f504692a54360f0d2092c25 - Provider page: https://www.cdrcompare.au/brands/commbank - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000008 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/commbank/products/d7c55e295f504692a54360f0d2092c25) — product data published by Australian data holders under the Consumer Data Right. 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