Home Loan Overdraft

 General Lending Rates

 Product Features

• Npp Enabled

• Overdraft

• Digital Banking

• Card Access

 Product Eligibility

• Residency Status - Australian Resident.

• Natural Person

• Min Age - 18.

 Bank Fees and Charges

• Bank Recall (Event), Amount: 20.00. Additional Information: A request to attempt to recall funds transferred to another account.

• Card / Pin Postage (international) (Event), Amount: 9.00. Additional Information: Charged when your mailing address is outside of Australia and a card or PIN is mailed.

• Foreign Currency Conversion Fee (Event), Amount: Not Listed.. Additional Information: For any transaction made overseas or in a foreign currency, a fee of 2.75% of the total transaction value (in Australian Dollars) will be charged. The fee applies to: • Transactions made physically overseas. • Transactions made in a foreign currency, regardless of whether you’re in Australia or another country. • Transactions processed by overseas merchants, even if the purchase or action takes place within Australia or in Australian Dollars.

• Discharge Fee (Exit), Amount: 165.00. Additional Information: Payable for standard partial or full discharges.

• Audit Certificate (Event), Amount: 25.00. Additional Information: A certificate for Audit purposes.

• Substitution Of Mortgage Security (single Property) Fee - For New Loans (Event), Amount: 350.00. Additional Information: Payable for substitution of a mortgage security.

• Bank Trace (Event), Amount: 20.00. Additional Information: A request to trace the origin or final destination of funds either sent to or from your account.

• Company / Trust - Borrower / Guarantor Party Fee Company Search And Review Fee" (Event), Amount: 150.00. Additional Information: Payable for each company or trust borrower / guarantor party on the loan.

• Valuation Fee (Variable), Amount: Not Listed.. Additional Information: The cost of the first valuation for a new security is covered by RACQ Bank. Any additional valuation required on an existing security will be payable by the member at cost.

• Overseas Telegraphic Transfer In Australian Dollars (Payment), Amount: 60.00. Additional Information: Transfer of funds to an overseas bank in AUD rather than local currency. Overseas banks, including the agent bank, may charge a handling fee. Check supplied details.

• Overseas Telegraphic Transfer In Local Currency (Payment), Amount: 30.00. Additional Information: Transfer of funds to an overseas bank in the currency used locally. Overseas banks, including the agent bank, may charge a handling fee. Check supplied details.

• Card / Pin Via Courier (international) (Variable), Amount: Not Listed.. Additional Information: Charged when a card and/or PIN has been requested to be sent via courier to an address outside of Australia. Charged at cost in line with the international courier's charge.

• Cash Request (Variable), Amount: Not Listed.. Additional Information: Cash withdrawals of more than $5,000 require 24 hours' notice. Cash delivery charges, levied by the cash provider to RACQ Bank, are passed on at cost for large withdrawals. The charge is determined at the time of the request and may vary according to location.

• Card / Pin Via Courier (within Australia) (Event), Amount: 30.00. Additional Information: Charged when a card and/or PIN has been requested to be sent via courier to an address within Australia.

• Emergency Replacement Card Through Visa (international) (Event), Amount: 300.00. Additional Information: Charged when an emergency replacement card has been requested through VISA outside of Australia.

• Bank@post Cheque Dishonour (Variable), Amount: Not Listed.. Additional Information: If you deposit a cheque via Bank@Post and it is dishonoured, a fee will be directed to your account. This fee is then refunded by RACQ Bank.

• Loan Document Fee - Top Up (Event), Amount: 350.00. Additional Information: Payable for further advance. Valuation fees are payable at cost.

• Substitution Of Mortgage Security (single Property) Fee - For Variations (Event), Amount: 200.00. Additional Information: Payable for substitution of a mortgage security.

• Dishonour - Manual (Event), Amount: 22.00. Additional Information: Dishonour at member's request.

• Visa Chargeback (Event), Amount: 27.50. Additional Information: Charged when a Visa Debit transaction is disputed. Refunded if transaction deemed fraudulent.

• Default Enforcement Expenses (Variable), Amount: Not Listed.. Additional Information: May apply if enforcement services are required as part of default administration

• Telegraphic Transfer - Outward (within Australia) (Payment), Amount: 35.00. Additional Information: Funds transferred via the SWIFT network to another financial institution within Australia for same day payment (also known as a Wire or RTGS payment).

• Dishonour (Event), Amount: 1.00. Additional Information: Where a Cheque or Direct Debit is not honoured. For example, a payment would be dishonoured if you do not have sufficient available funds in your account.

• Document Preparation And Settlement Fee (Upfront), Amount: 550.00. Additional Information: Document Preparation and Settlement Fee includes the cost of title search, document preparation and settlement fees - document generation, distribution of documents, verification of returned documents, verification of search requirements, settlement booking, settlement attendance (PEXA or paper) and lodgement of title documents

 Limitations & Restrictions (Constraints)

• Min Limit of 20000.00