Why an overdraft?

  • Helps smooth out cashflow fluctuations, so you’re never caught short.

  • Stays in place — use it as often as you need to.

  • Only pay interest on what you use.

  • Repayments up to you.

  • Pay it off anytime.

How it works

An overdraft might be right for you if you frequently have gaps in supply and payment, or you regularly need to purchase materials in advance. Unlike a business loan, you’ll only pay interest on what you use, and you can pay it off (and re-use it) whenever you like.

  • We’ll agree an overdraft limit for your overdraft that will be accessible from your transaction account.
  • You can spend anywhere within this limit.
  • Interest is calculated daily and charged monthly on the amount you’ve been overdrawn during the month.

What it costs

See our business lending fees.


Mastercard is a registered trade mark of Mastercard International Incorporated. Kiwibank's lending criteria, terms and conditions, and fees apply.