Which Australian bank offers the best overdrafts18.08.2020

Bankchart.com.au has surveyed the terms of the offered overdrafts for termless in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 18.08.2020

As of 17 August 2020 the loans under review have been offered by 8 banks.  The average comparison rate under such loans equals 31,07 % p.a. The total number of the loan programs available for the specified loan terms is 12.

The most affordable personal loan is offered by Westpac Bank. The comparison rate under "Personal Overdraft" loan program constitutes 12,81 % 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-8 overdrafts loan programs for termless, as of 17 August 2020

#

Name

Interest Rate, %

1

12,09

interest rate, %

interest rate

12,09

one-time fees

no

periodic fees

$ 6,00, monthly

2

12,95

interest rate, %

interest rate

12,95

one-time fees

no

periodic fees

no

3

15,50

interest rate, %

interest rate

15,50

one-time fees

no

periodic fees

$ 6,00,

4

14,90

interest rate, %

interest rate

14,90

one-time fees

no

periodic fees

$ 10,00, monthly

5

13,99

interest rate, %

interest rate

13,99

one-time fees

$ 50,00

periodic fees

no

6

16,10

interest rate, %

interest rate

16,10

one-time fees

no

periodic fees

$ 60,00, annual

7

12,64

interest rate, %

interest rate

12,64

one-time fees

$ 100,00

periodic fees

no

8

12,79

interest rate, %

interest rate

12,79

one-time fees

$ 150,00

periodic fees

no

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

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