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Overdraft Facilities

Most businesses experience difficulties from time to time when a delay in receiving funds affects the payment of expenses. That's where the Heritage Business Overdraft Facility can cover you by providing a flexible line of credit in conjunction with a Business Cheque account.

  • Overdraft limit is available for an ongoing basis
  • Interest is charged only on the funds you use
  • Provides full transaction capability with chequebook, card and online access
  • Access to Heritage ATMs and over 2,900 Network ATMs nationwide
  • Preferred minimum amount $20,000. For lesser amounts the Business Visa credit card may be a suitable replacement
  • No maximum restriction
  • Bank@Post will be available from 8th July 2016, refer to the fees tab for further information

To approved applicants only. Fees, charges and conditions apply.

* Home loan comparison rate based on a $150,000 loan over 25 years.  Fixed loan comparison rate applies only for loans with an LVR of 80% or less and a loan amount of $150,000 to $249,999.  WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Interest rates are on a per annum basis. Rates are correct as stated and subject to change without notice. Rates shown are for new loans and do not apply to switches or internal refinances.

Home Advantage Variable rates include discounts shown from the Standard Variable rate. Home Advantage Living Equity rates include discounts from the Living Equity rate. Discounts are based on total lending in the package. Discount Variable LVR rates are for new lending and include discounts from the Discount Variable Loan Rate.  Discounts are not available in conjunction with any other interest rate discount or special offer. All fixed rates are fixed for the period stated and revert to the variable rate applying at expiration of the fixed term. To approved applicants only. Conditions, criteria and fees apply.

Loan to Value Ratio (LVR) is the loan amount divided by the value of your security property (determined by Heritage Bank at assessment), multiplied by 100. Owner Occupied loans have a maximum LVR of 95%, Investment loans have a maximum LVR of 80% and Living Equity has a maximum LVR of 80%. Heritage is not accepting any new investment applications until further notice.

This advice has been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs.

Generate a personalised Key Fact Sheet based on your loan amount, term and repayments. This tool is provided to help you compare home loans from Heritage with other financial institutions.

To approved applicants only. Fees, charges and conditions apply.