Skip to main content

Redraw Fee

« Back to Glossary Index

The bank may charge a redraw fee to cover or partially cover the lender’s internal costs of allowing the borrower to redraw funds from a loan account.

Let's discuss your goals

There are no silly questions when it comes to your future. We're here to help, there's no cost or obligation 😊

We respect your privacy and will never share your information. You can remove your details any time. See our privacy policy and terms. This site is protected by reCAPTCHA, Google’s privacy and terms apply.