Can you overdraw a debit card at an ATM Commonwealth?

Banking / Personal Overdrafts

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A little extra when you need it
Only pay for what you use
Rates, fees & repayments
Applying for a new overdraft or overdraft limit increase is easy. Get in touch to get started.
We can help
Call 13 1431
How do I overdraw my Commonwealth ATM?
Can you overdraw a debit card at an ATM?
How much will CommBank let me overdraw?
How does overdraw work CommBank?

Features & benefits
Rates & fees
Who can apply
How to apply
Tools & support

A little extra when you need it
Avoid the inconvenience of overdrawing your account and paying dishonour fees - helping you feel better prepared for unexpected expenses.
Only pay for what you use
It's free to set up your overdraft account. And it won’t cost you anything if you don't use it.
If you choose to use your overdraft, you’ll pay interest on the money you use plus a fee of up to $10 a month.

Rates, fees & repayments

14.90% p.a.
Calculated daily on the money you use and charged monthly.

If the highest amount used from your overdraft the month before is:
• $10 or more - you'll be charged $10
• less than $10 - you won't be charged a fee

There are no set minimum repayments.
While there is no set amount to pay back each month, you should aim to repay your overdraft as soon as possible to minimise any fees and interest.

You can apply for a Personal Overdraft if you’re:
- Aged 18 years or above
- An Australian permanent resident, New Zealand citizen, or eligible visa holder living in Australia
- Eligible to work in Australia and receiving regular income
- Have a good credit rating
- Already hold or eligible to open a CommBank Everyday Account
The Code of Banking Practice requires joint account holders to have equal use of an overdraft.

Hold Australian or New Zealand citizenship, or Australian permanent residency, or an eligible visa (call us on 13 1431 to find out more).
Be sure to read the Personal Overdraft Terms & Conditions.

Applying for a new overdraft or overdraft limit increase is easy. Get in touch to get started.

Check out our Low Rate, Low Fee and Awards cards.

Get the funds you need to take your next step.

With CommBank AdvancePay, you can now access money before your next pay day. Apply online in just a few minutes.

We can help

Your questions answered
Call 13 1431
Call 13 1431 8am to 7pm, Monday to Friday and 9am to 2pm on Saturday (Sydney/Melbourne time)
Visit your nearest branch

Applications are subject to credit approval. View the Personal Overdraft Terms and Conditions (PDF 438kb). Full terms and conditions will be included in our Personal Overdraft offer. Other fees and charges may be payable.
The target market for this product will be found within the product’s Target Market Determination, available here.

How do I overdraw my Commonwealth ATM?

Your overdraft funds can be accessed via your CommBank keycard or Debit MasterCard, or online through NetBank and the CommBank app. To apply you can either call the Commonwealth Bank directly or visit your local branch.

Can you overdraw a debit card at an ATM?

There are no set limits on how much you can overdraft at an ATM. These amounts vary from one financial institution to the next and many times are even tailored to each individual account holder. Other factors to consider are whether you are using your bank's ATM or those owned by another financial institution.

How much will CommBank let me overdraw?

A personal overdraft is connected to your CommBank Everyday account, so you can enjoy easy access to extra funds once approved – from $100 up to $20,000.

How does overdraw work CommBank?

It allows you to access additional funds should you run out of your own. Like most loans, by accessing your overdraft you'll be charged interest on the money you borrow. If, for example, you have an overdraft limit of $1,000 but only use $50, you'll pay interest on the $50 that you use.