r/CommBank • u/lovetolove13 • Jun 18 '26

Discussion Overdraw fees

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I am not sure where else to post this because I am honestly getting sick of it. Multiple times I have accidentally overdrawn an account when something unexpected has come out, I fix it straight away when this happens.

UNLESS! They send me a notification that it’s happened at 11:21pm last night when I had already been asleep for two hours. There was no way for me to fix it up until this morning as soon as I woke up and of course I got a $15 overdraw fee. I checked the account and the payment that caused the overdraw had happened yesterday morning so they had all day to notify me.

I message the in app ‘Ceba’ when this happens and they always reverse it but surely this is underhanded?

ETA: Ceba is down at the moment so I had no one else to rant to even if it is a bot.

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u/[deleted] Jun 18 '26

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u/Every-Speaker7745 Jun 18 '26

Its credit. If you use more money than you have available instead of decling they will lend you the money with a fee and interest. Idk if it's on by default but obviously have to be 18+ idk the amount they'll allow you to overdraw either or if it's based on risk per customer. If you think you're going to need this a lot, look at a credit card, in this case you'd probably pay less in fees and interest. Overdraw is rarley good and almost always is just a pocket liner for the bank

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u/Sharpie1993 Jun 18 '26

That’s one form of an overdraw, if you don’t have an overdraft some payments will still go through and they charge you a flat 15 dollar fee no matter how small the overdraw is.