We have listed the Key Features of our Overdraft so you can ensure it's right for you.
| Key Features | MyCard Mastercard(Overdraft) | Line of Credit |
| Interest rate | ||
| Minimum amount | $500 | $500 |
| Maximum amount | $5,000 (amounts over this will be subject to additional lending criteria's) | $5,000 (amounts over this will be subject to additional lending criteria's) |
| Loan period | Continuous. Payments 5% of balance | Continuous. Payments 5% of balance |
| Repayments | Monthly | Monthly |
| Interest charges | Calculated daily, Charged monthly on the portion of the overdraft used | Calculated daily, Charged monthly on the portion of the overdraft used |
| Application fee | $100 | $100 |
| Loan repayment insurance available | No | No |
| Auto repayments (salary / account) | Yes | Yes |
| Loan interview required | No | No |
Apply
Apply using our simple overdraft loan application form.
Learn More
- Click here to see the benefits of our Overdraft.
Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review our