ASB Overdrafts

Access to a little extra money in your transaction account from time to time can be very helpful. An ASB overdraft could be just the thing.

Benefits at a glance

  • Gives you a convenient “buffer” in your transaction account for unexpected expenses
  • Get extra flexibility with the option of going into and out of overdraft at any time, up to your agreed limit
  • You can organise your overdraft online if you're registered for FastNet Classic internet banking
  • You can apply for any amount from $100, depending on what you need (subject to our lending criteria)

Is it right for me?

For most of us, it's hard to predict when we'll need a little extra money to cover unexpected expenses; and often those expenses happen at the same time as our usual bills or payments going out of your account. An ASB overdraft can help.

If you're a tertiary student or graduate, your overdraft (up to a maximum limit) is interest-free for a certain time. See our student and graduate packages for details.

Apply online

Apply online and we'll get you up and running as soon as possible.

Apply online


Interest rates
Unsecured/partially secured
Establishment fees
Standard fee, including for temporary limits
Tertiary and Graduate

Monthly overdraft facility fee (arranged)

The greater of 0.12% of the overdraft limit and 0.12% of the highest daily overdrawn balance (minimum charge $2).

Monthly unarranged overdraft fee

0.12% of the highest daily overdrawn balance (minimum charge $10).

Get more with ASB

Bank when it suits you

Whether you’re a night owl or an early bird, you can do your everyday banking at any time with FastNet Classic online banking. Sign in and you can pay your bills, set up automatic payments, order foreign exchange and more. You can even apply for a home loan after hours.

Bank on the go

We’re there wherever you need us with the ASB Mobile app. Check your balance while waiting for a bus, move money between your accounts while you’re shopping, or pay a friend for lunch using just their mobile number.

Set up alerts

Life is so busy these days it’s easy to forget that your everyday account is starting to run short or that your automatic payment will fail because there are not enough funds in your account. Set up alerts and we’ll TXT or email you beforehand so you won’t get caught out again.

Apply for an overdraft

Apply online

If you're already an ASB customer, you can apply online.

Apply now

Call us

We’re here to help.

0800 803 804

Visit a branch

Visit us at one of our many branches across New Zealand.

Find a branch

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ASB's terms and lending criteria applies. Interest rates and fees may change.

Bank AccountsOverdrafts