Bank of Queensland Business Overdraft

Rates

• Rate type

  variable

• Variable rate

  7.76% p.a.Residential Security Base Rate

• Fixed 1 year rate

  n/a

• Fixed 2 year rate

  n/a

• Fixed 3 year rate

  n/a

• Fixed 4 year rate

  n/a

• Fixed 5 year rate

  n/a

• Fixed 6 year rate

  n/a

• Fixed 7 year rate

  n/a

Fees

• Upfront fee

  0.75% of approved limit, min $750

• Ongoing fees

  0.30% of approved overdraft limit quarterly, minimum $70

• Late payment fee

  $10.00

• Exit fee

  $350

• Early repayment penalty

  not disclosed

• Transaction fee

  not disclosed

Features

• Repayment frequency

  n/a

• Repayment types

  n/a

• Extra repayments allowed

  n/a

• Redraw allowed

  n/a

• Card access

  yes

• Cheque access

  yes

• Other benefits

  Discount of 0.15% p.a. with package

• Other restrictions

  Need to link with business bank account from this provider