Skip to main content Skip to log on Skip to search Accessibility at CommBank

Here's what changing

Variable Rate Personal Loan
Current
Effective from 16 April 2026
Representative Rate
16.00%^ p.a.
16.25%^ p.a.
Interest Rate range
7.00% p.a. to 22.00% p.a.
7.25% p.a. to 22.25% p.a.
Lower Variable Rate for eligible sustainable purchases
6.99% p.a. to 8.49% p.a.
7.24% p.a. to 8.74% p.a.

For full interest and comparison rate detail visit Personal Loans

Support for personal loan customers

We have a range of options and resources to help you with managing your personal loan and planning ahead.

Manage your loan anywhere, anytime – With NetBank and the CommBank app, you can keep track of your loan and stay up to date

  • View your loan balance
  • View your loan statements as far back as seven years
  • Make extra repayments from linked accounts
  • Change your repayment amount or due date, plus much more.

Make repayments using direct debit

  • Direct debit saves you time and effort by automating your loan repayments. Once set up, your repayments will automatically be transferred from your selected account by the due date so you’re not charged any late fees.
  • You can set up a direct debit by messaging us via the CommBank App or NetBank, and manage your direct debit by going into your Personal Loan in the CommBank app and clicking on Manage.

Paying your personal loan off sooner

  • If you’d like to pay off your loan sooner, you'll need to generate a payout figure by logging into NetBank or the CommBank app. Note: early repayment fees may apply for fixed rate personal loans.

Additional support​

  • Want to discuss what other options may be available to you? We’re here to support you – message us in the CommBank app if you’re a CommBank customer who’s falling behind, or think you may fall behind with repayments on your personal loan. Our Financial Assistance Solutions team can work with you, and you can also request financial assistance in NetBank. Messaging us is fast and convenient, but you can also visit our Contact us page for other ways to get in touch.

    If you’re finding it hard to pay down your personal loan, we have a range of tools, tips and guidance articles to help you stay in control.

Things you should know

  • ^ The representative rate is our variable interest rate before any discounts. Your current interest rate can be found in NetBank and the CommBank app. A new interest rate may apply when you apply to increase your loan amount, however you will be notified of this before you proceed.

    Applications for finance are subject to the Bank’s normal credit approval. View the Personal Loan Terms and Conditions (PDF 284kb). Full terms and conditions will be included in our loan offer. Fees and charges are payable.