Benefits of a NAB Quickbiz Overdraft

Fast online application

Our online form gives you confidence of an instant decision and quick access to your funds.

Flexibility when you need it

Helps with unexpected 
expenses with no set monthly repayment if you're within your agreed limit.

Manage cash flow

Ongoing access to your overdraft, renewable annually. Only pay interest on what you use.

Unsecured finance

Access up to $50k without having to put your property on the line.

Complete your application in as little as 5 minutes

Simple and fast fundsHow does it work?

All you need to do is complete our simple application and we’ll give you 
an instant decision. When you’ve been approved, you’ll have the funds 
within one business day once we have your signed contracts.

We review your business cash flow, your credit score and time in business so you can receive an instant decision through our online application.

You’ll also get quick and easy access to your funds by linking your 
overdraft to a NAB Business Visa Debit card.

What you need to knowFees and Charges

14.25% p.a. variable rate on what you've used

1.75% p.a. service fee on approved limit

$5K-$50K Loan amount

Things you'll need to startYou can apply online if you're:

A sole trader, in a partnership with up to two partners, or a company with up to five directors.

Registered for the GST for at least 12 months, with a valid
 ABN/ACN and turnover 
of at least $100,000 per year.

Over 18 years old and an Australian 
citizen or permanent resident 
and have ID ready if you’re new to NAB.

Have 12 months of business financial data via your MYOB or XERO account package login.

Ready to apply?
Select an option to get started with your overdraft

As part of your NAB QuickBiz Overdraft application you’ll need 
to link it to a NAB Business Everyday Account. Select an option below.

Streamline the setup

Already have a NAB Business Banking transaction account?

Simplify your application by linking your new overdraft to your existing account.


$0 monthly fee option*

Ideal if you make a low number of 
transactions and mainly transact online.

  • Get the flexibility to only pay for what you use.
  • No minimum balance or deposit needed.
  • No ATM fees within Australia at NAB ATMs.


$10 monthly fee option*

Ideal if you make a high number of transactions across a range of transaction types.

  • No minimum balance or deposit needed.
  • No ATM fees within Australia at NAB ATMs.
  • Fee-free periodic payments to any of our business loans.


Looking for more than $50K? Have a look at our NAB Business Overdraft

Simple and secureLink your accounting data

Connect securely to your MYOB or XERO cloud based account to automatically link your financial data. Your credentials are encrypted when you enter them and we will never see or store your password.

Learn more

Still have questions?

If you haven't found what you're looking for visit our FAQs

Important information

*Additional service fees and chages may apply. Please refer to Business Banking Fees – A guide to fees and charges.

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Let's talk

We’re ready to help your business

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Call 13 10 12

Mon-Fri 8am - 8pm (AEST/AEDT)
Sat-Sun 9am - 6pm (AEST/AEDT)

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