Loans and Finance
NBS Overdraft
Facility
Pictured: Kaye Stevenson | The Soap Box | NBS personal and business banking client
All businesses have their ups and downs - an overdraft facility stays in place, giving you access to additional cash flow whenever you need it
NBS offers flexible overdraft terms to assist you in managing the day to day challenges of running a business, small or large.
Take advantage of
- Available credit to ensure you can pay wages and other invoices.
- Competitive secured and unsecured interest rates.
- Temporary overdraft limit increases available (subject to NBS lending criteria).
- Access funds via NBS Internet Banking, the NBS Mobile Banking app or in-branch.
- A reduction of overdraft limit based on a set time period.
Rates and fees
| NBS overdraft facility interest rates | |
|---|---|
| NBS Personal Banking interest rate | 7.74% p.a. |
| NBS Business Banking interest rate | from 10.74% p.a. |
| NBS Rural Banking interest rate | from 10.74% p.a. |
|
Interest rates are subject to change. |
|
| NBS Business overdraft fees | |
|---|---|
| Overdraft establishment fee | 1.00% (minimum charge $50.00) |
| Overdraft facility fee (arranged) | 0.18% of the limit per month (minimum charge $5.00) |
| Default interest rate | 15.50% p.a. above annual interest rate |
| Default administration fee | $25.00 |
| Unarranged excess fee | $25.00 |
| Insurance arrears payment fee | $25.00 |
| Rates arrears payment | $25.00 |
| Motor vehicle security variation or security swap fee | $30.00 |
| Duplicate statement fee | $5.00 |
|
Interest rates are current as of 20 July 2026 and subject to change at any time without notice. NBS lending criteria and specific terms and conditions apply. Margins, discounts and fees may apply. For new overdrafts, rate may be subject to change prior to drawdown. * Effective rate for new clients from 20 July 2026. Effective rate for existing clients from 26 August 2026. |
|
Terms and conditions
- Minimum overdraft limit: $500.00
- Maximum overdraft limit: subject to your ability to meet credit and debt servicing criteria
- We may need some security, such as residential property, commercial property or business assets
All lending is subject to NBS lending criteria, as well as the terms and conditions for each specific product. These are available free of charge from any NBS branch. Establishment fees and service fees may also apply.