What happens if I overdraw my account?

It's important to remember that there are ways to avoid overdrawing your account that also help you to better manage your money. For more information on free balance checks and sweeps see our handy tips to save on fees.

To check what overdrawn fee (Payment Honour and Dishonour Fee) applies to your account refer to the Special Requests, Replacements and Other Event Fees section of the Personal Deposits Account Product Information Document.

If it's the first time you overdraw your account , if you ask us, we'll refund you the first payment honour fee. However for any subsequent events where you overdraw your account an overdrawn fee is payable.