Which australian bank offers the best overdrafts

Bankchart.com.au has surveyed the terms of the offered overdrafts for 1 year in the national currency. Our website's analysts have studied the loan offers from all Australian banks.

As of 18 January 2019 the loans under review have been offered by 11 banks.  The average comparison rate under such loans equals 16,57 % p.a. The total number of the loan programs available for the specified loan terms is 14.

The most affordable personal loan is offered by BankVic. The comparison rate under "Overdraft" loan program constitutes 12,95 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP -11 overdrafts loan programs for 1 year, as of 18 January 2019

To view the up-to-date rating of the personal loans at our website, click here.


Comparison Rate means quoted interest rate adjusted subject to non-recurring and periodical fee, if applicable.

Published: 06 February 2019

Source: https://bankchart.com.au

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