Why choose an Unsecured Personal Overdraft?
Access to additional funds when you need it
To cover unexpected expenses
Only pay interest on what you use
Not the full credit limit
Through your Complete Freedom Account, when your account balance is $0
Key rate & fees
Variable interest rate (charged daily)2
|$500 - $20,000
Credit limit (subject to approval)
Monthly overdraft fee
Lending establishment fee
Before you apply
Follow this section to improve the likelihood your application is approved.
How to apply for a loan
Any advice on this website is general in nature and has been prepared without considering your objectives, financial situation or needs. Please read the product disclaimer and documents and consider your individual circumstances before applying for a BankSA Personal Loan. Credit criteria, fees, charges, terms and conditions apply. Information correct as of 27 September 2021. Interest rates are subject to change.
2. Interest is charged daily and is charged on the balance owing on your account for the end of that day if it is a debit balance. If the balance owing on your account exceeds the overdraft limit (or if a transaction would cause this to happen) we may, without notice, decline, stop or reverse the transaction or we may choose to honour the transaction. You will be charged a fee when we exercise our discretion to honour the transaction. If the overdraft limit is exceeded, you must immediately repay the excess. Higher interest charges may apply until you do so.
Unless otherwise specified, the products and services described on this website are available only in Australia from BankSA - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.