Repayment redraw
Get more from your loan
Do you need extra money to cover unexpected bills or perhaps seize an opportunity that has come up? If you have a variable rate loan and you’ve made additional repayments above your required repayment amount, you may be able to withdraw that money quickly and conveniently:
- Online using NetBank
- By phone on 13 1431
- At selected ATMs, EFTPOS or Australia Post EFTPOS
- At any Commonwealth Bank branch
| Variable Rate Loan | Fixed Rate Loan | Fixed Rate Secured Loan | |
|
Redraw available
|
Yes
|
No
|
No
|
|
Drawing fee online
|
Free
|
N/A
|
N/A
|
|
Drawing fee via Telephone
Banking
|
Free
|
N/A
|
N/A
|
|
Drawing fee in
branch
|
$10
|
N/A
|
N/A
|
|
Minimum redraw
|
$500
|
N/A
|
N/A
|
To see if you’re eligible, simply call 13 1431 from 8am to 8pm, 7 days a week, or visit any Commonwealth Bank branch.
Need assistance?
Have you considered?
How to apply
- Apply online
- Call 13 1431
- Locate a branch
- What you'll need
- Security & privacy
Calculators, tools & more
FAQs
Rates & fees
Did you Know?
About 60% of all our customers choose a variable interest rate, giving them the added flexibility to redraw additional repayments when they need it.
