How do I adjust my overdraft limit?
Last Updated: 24 Feb 2022
If you wish to adjust your overdraft limit up or down please contact us.
- Call a specialist directly on 0800 100 600 (+64 9 306 3000 from overseas) Mon - Fri 8:00am - 6:30pm, Sat 8:30am - 5:00pm, Sun & public holidays closed.
- Visit any ASB branch
There are a few things you should know about overdrafts:
- Approval is subject to ASB’s terms and lending criteria.
- An overdraft works as a line of credit, meaning it’s available for you to use as and when you need it, up to a set limit.
- The current unsecured interest rate applies to any overdrawn balance up to your approved overdraft limit.
- If your approved limit is exceeded, then default interest at our unarranged overdraft interest rate will be charged on that amount.
- If there is no arranged overdraft in place, then interest at our unarranged overdraft interest rate will be charged on any overdrawn balance on your account. If your account is in excess of $20.00, you will also be charged our monthly unarranged overdraft facility fee of $3.00.
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