Overdraft

Have the funds when you need it. An AMP Credit Union Overdraft is a facility attached to your transaction account (Rediaccess Account) to cover short-term financial needs. Salary credit to the account is required. This facility is very convenient as it allows you to draw down to your approved limit whenever you need to.

Interest is calculated on the daily debit balance and charged monthly. Interest is only charged on the used funds. Therefore, if you don’t use it, you pay nothing. Normal lending criteria, terms and conditions apply.

Please note:

  • There are no fees
  • Low variable rate
  • 24 hours approval of overdraft
  • Unlimited repayments
  • Transactions will be honoured up to your approved limit

Home loans are available for Owner Occupied and Investment purposes within Australia. Valuation and legal fees etc. payable to outside parties apply.

INTEREST RATES
(as at 1 September 2007)
TYPE OF LOAN INTEREST RATES AND COMPARISON RATES*
Overdraft 12.70% p.a

Refer to our Interest Rates and Charges and our Comparison Rate Schedule. Normal lending criteria, terms and conditions apply.

Interest is calculated on a daily balance and debited monthly. Interest only loans are available.

To Apply

For current members. Please read and complete the following form:

Please also provide your two latest payslips to the Credit Union

Once you have completed the necessary application form(s) please drop them in, mail or fax them back to us, so we can process your application(s).