Overdrafts
Looking for a cheaper and flexible credit card alternative?
Then why not make use of the LCU overdraft facility? The LCU overdraft facility is designed to allow you to cover those unexpected bills or cheques, and take care of any surprise expenses that might catch you off guard and short of money.
15.90 % pa
interest rate
Cost-effective
Quick approvals
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What documents do I need?
2 current payslips
If your pay is not currently deposited to an LCU account, please supply 3 months' of bank statements showing payroll income.
Proof and source of other income
If self-employed, full financial statements and tax assessments for the last 2 years and current figures no more than 3 months old
Statement of your home and/or any other loans
Latest 3 months of statements (all pages) for all credit/store cards showing the credit limit
Latest 3 months statements (all pages) of all bank accounts
Latest 3 months statements (all pages) of any "buy now/pay later" accounts (if applicable)
A recent copy of rental lease or if boarding, a letter from the owner
Council Rates notice for all properties owned
Rates are subject to change. Please refer to our rates and fees page .
Overdraft Interest Rate Variable Interest Rate 15.90 % pa Features Automatic Deposits (salary / account) Yes Variable and lump sum repayments Yes Maximum accessible amount $10,000 Minimum Amount $ 100 Loan period Ongoing Repayments Weekly, fortnightly or monthly Interest charges Calculated daily, charged monthly Establishment Fee $ 0 Early repayments without penalty Yes