Personal Overdrafts

Personal Overdrafts

CMCU’s personal overdrafts are simply a form of continuing credit which is attached to your personal transaction account.

The amount of credit available will vary depending on your individual circumstances and our normal lending approval criteria.

Features of Personal Overdrafts:

Loan Rates

Loan Fees

Credit Guide

To find out more about our Personal Overdraft Account, contact our branch on 03 5744 3713 or info@cmcu.com.au

*For the smaller overdrafts (generally less than $20,000) the required repayment is $20 or 5% of the closing balance as per the statement of account whichever is the greater and for the larger overdrafts (Line of Credit) the required repayment is $20.00 or 0.75% of the closing balance as per the statement of account whichever is the greater.