Assignment of Savings Continuing Credit
If you need funds now but don't want to use the savings in your Fixed Term Deposit, then we can help you. Borrow against your Fixed Term Deposit with Continuing Credit and keep earning interest on your savings.
Continuing Credit is a line of credit facility attached to your transaction account. It's designed to help you over those peak periods when unexpected bills arrive. You can draw as much or as little as you want up to your pre-approved limit.
 | No monthly account keeping or service fees |
| Only pay interest on the portion of the overdraft used |
| Interest calculated daily and charged monthly |
| Variable interest rate | View our interest rates |
| Minimum amount | $500 |
| Maximum amount | Equal to the amount secured by Fixed Term Deposit (Savings) |
| Loan period | Continuing credit |
| Repayments | Monthly / Fortnightly / Weekly |
| Interest charges | Calculated daily, charged monthly on the portion of the limit used |
| Application fee | Yes |
| Monthly account keeping/service fees | No |
| Loan Repayment Insurance available | No |
| Auto repayments (salary/account) | Yes |
More Information
Apply
Apply for Continuing Credit. 
Questions?
If you have any questions, please contact us. 
