How can I avoid unarranged overdraft fees on my account?
Last Updated: 25 Nov 2025
No-one likes paying bank fees such as an unarranged overdraft fee.
If you go into unarranged overdraft, you can avoid the unarranged overdraft fee and interest charges by transferring money to return the account to credit by 11:30pm that day.
And to avoid fees in future, here are some simple suggestions:
- Sign up for FastNet Classic internet banking and/or download the ASB Mobile Banking app. That way you can use FastNet Classic or the ASB Mobile app to keep track of your accounts any time of the day or night and make transfers to cover any shortfalls.
- Sign up for alerts via email and/or notifications. We can send you an automatic alert if your account is overdrawn. In most cases if you act on the alert the same day, you'll have time to fix things up and avoid being charged an unarranged overdraft fee. You also have the option of setting an alert when your account gets down to a limit set by you, giving you the chance to manage your money.
- See where your money is going with Spend Tracker available on the ASB Mobile app. It automatically categorises your transactions and is a great way to see a monthly view and trends in your spending. Helping you manage your money.
Did this answer your question?
Related Answers
-
Rather than prevent a payment going out of your account, we will sometimes allow transactions or payments to go through ...
-
An Offshore Service Margin is a fee charged by us when you make a transaction in a currency other than ...
-
Withholding tax is tax paid on interest earned from interest-bearing accounts such as Term Deposits and Savings accounts. ASB deducts ...
-
Our credit card interest rates vary, as we issue more than one type of card and the rates can be ...
-
Yes you can. You can use your card in any ATM machine that carries the International Plus symbol. Please be ...
-
Customers have told us that the statement descriptions for some dishonour fees have not been clear or easily understood in ...
-
Depending on which ASB accounts you have and how you bank, fees on accounts and services vary. There are different ...
-
If you have chosen to receive your statement electronically, and monthly fees apply to your account, you can see your ...
-
Depending on which ASB accounts you have and how you bank, fees on accounts and services vary. There are different ...
-
From the 22nd November 2021, the ability to adjust your credit card or arranged overdraft limits up or down online ...