Commercial Credit line
IMB’s Commercial Credit Line is a revolving ‘line of credit’ facility designed to give you greater control and flexibility over your finances. You can easily access your credit up to the approved limit at any time you wish.
- From
- 7.99%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 7.99% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Special clearance on cheques Maximum charge. Charges either wholly or partly imposed by third parties. | Event | $16.00 |
| Monthly Fee | Ongoing | 0.3% of balance (monthly) |
| Application fee Percentage of the facility limit | Upfront | 0.5% of balance |
| Phone Banking - Operator Assisted – Purchase Financial Institution Cheque Per cheque | Withdrawal | $6.00 |
| Phone Banking - Operator Assisted – Cheque bill payments Per cheque | Withdrawal | $6.00 |
| Visa Debit Card - International purchase A transaction fee of the higher of $5 or 2.5% is charged for any international purchase made using a Visa Debit Card in: a) a currency other than $AUD (after conversion to $AUD); or b) $AUD (or any other currency) where either the merchant or the entity processing the transaction is located outside Australia. Note: it may not always be clear to you that the merchant or entity processing the transaction is located outside Australia. | Purchase | 2.5% of transaction |
Features
- Card access — IMB Visa Debit Card and Cashcard available
- Visa Debit Card is not available to individuals under 15
- Additional cards
- Account holders may hold both a Visa Debit and Cashcard per eligible account
- Free transaction allowance
- IMB's Member Transaction Allowance applies to offset transaction fees on this account.
- Overdraft available
- Redraw facility
- Digital banking
- Internet Banking and Mobile Banking App.
- PayID
- Create a PayID through IMB’s Internet Banking or Mobile Banking App to receive Osko payments.
Eligibility
- Business customers
- Lending criteria, terms and conditions apply
Constraints
- Minimum limit — $100,000.00$100,000 if the IMB Commercial Credit Line is opened as a stand-alone product or $20,000 if split with an IMB Commercial Fully Drawn Loan
- Maximum limit — $2,000,000.00
- Minimum LVR — 0%
- Maximum LVR — 80%
Published by IMB Bank under the Consumer Data Right · Last updated 28 May 2026 · Product ID OD-50-1 · View on CDR.gov.au · View Source Data (JSON)