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Gateway Bank · Overdrafts
Reverse Mortgage Lump Sum
Gateway Bank's Reverse Mortgage Lump Sum is a overdraft. The figures are the ones Gateway Bank publishes under the Consumer Data Right today. The advertised rate last moved on 13 October 2026, up from 8.25% to 8.50%.
Advertised rate
8.50%
headline tier
Comparison rate
8.58%
as published
Last moved
+0.25pp
13 October 2026
Advertised rate, last 30 days. Between 8.25% and 8.50% over the last 30 days.
Every current rate (1)
| Tier | Rate | Comparison |
|---|---|---|
| Variable, Owner occupier, Interest only, LVR up to 55% | 8.50% | 8.58% |
Rate moves, last 30 days
- 13 October 2026: Variable, Owner occupier, Interest only, LVR up to 55% lifted 0.25pp, from 8.25% to 8.50%.
Published fees
| Fee | Amount |
|---|---|
| Cheque Withdrawal Feewhen it happens | $10 |
| QuickDebit Dishonour Feewhen it happens | $15 |
| Split Feeupfront | $99 |
| Switch Feewhen it happens | $150 |
| Settlement Feeupfront | $995 |
Other Gateway Bank overdrafts
Edge Account 2.25%Reverse Mortgage Access 8.74%EquitiSmart Home Loan 9.75%Inv EquitiSmart Home Loan 10.37%Edge Overdraft 11.74%
Get an email the morning Gateway Bank moves this rate.
Every Gateway Bank rate · other lenders · this product in the explorer.