What is a credit card overlimit fee and when is it charged?
You’ll receive a credit card overlimit fee when the outstanding balance of your credit card exceeds your approved credit limit. This fee only applies to accounts activated prior to 1 July 2012.
You'll be charged an overlimit fee each statement period when your credit limit is exceeded.
Our automated systems include rules that may allow some over limit transactions to be processed for which this fee will be charged.
Visit our credit card fees terms and conditions for more information.