 |
|
Need a little extra cash to get through to pay day? Maybe a few too many bills have arrived all at once? Big Sky can help by attaching an overdraft to your everyday banking account which will provide you with a safety net to protect you from a cash shortfall.
Overdrafts are a personal line of credit which allow you to withdraw funds beyond the credit balance of your account up to an agreed limit. Interest is charged on the overdraft only while the account is in debit. If you have your payroll credited to the account the balance will be automatically reduced every pay. An overdraft:
|
- Gives you quick access to funds to pay for unexpected doctor bills (especially if the children play sport!)
|
- Lets you splash out during the school holidays or on a trip
|
- Can be used as a back-up to honour cheques and direct debits
|
|
|  | | | Lower rate than many credit cards
|
| | | | No monthly or annual fees
|
| | | | Flexible repayment options
|
| | Apply for a limit between $500 - $15,000
|
| | Free internet & telephone banking
|
| | Optional cover to protect you in the event
of accident, illness or unemployment
|
| | Provides a safety net to minimise
dishonoured cheques and direct debits
|
| |
|
|
Click here to view the current interest rates.
|
Apply here or call 1300 654 321 for more information.
|
What could you save?
|
The average annual rate of credit cards from the four major banks* is 17.77% p.a. Additionally there are normally hefty annual charges, transaction fees, costs for additional cards and reward scheme charges. All of which can make credit cards an expensive product. The Big Sky overdraft rate is approximately 30% lower and there are no hefty annual fees or transaction fees. The lower rate and transactions costs could save you money.
* ANZ, CBA, NAB and WBC at 05/11/08
|
> back to top
|
