Features & benefits

A loan of up to $50,000

Borrow from $4,000.

Choose your repayment frequency and term

Pay weekly, fortnightly or monthly over one to seven years.

Stay in control with a fixed interest rate

Know exactly what your repayments will be for the life of the loan.

Flexibility to make additional repayments

Up to $1,000 per year.2

Manage your loan anywhere, any time

Make repayments and track your loan in NetBank and the CommBank app.

Same day funding

If you apply and are approved by midday Monday to Friday (Sydney/Melbourne time).1

Rates & fees

Rates

Rate type
Interest rate
Fixed rate
From 12.99% p.a. for a 5 year loan

View fixed rates for 1-7 years >
Comparison rate
From 13.86% p.a.* based on an unsecured $30,000 loan over 5 years

Things you should know

Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We will confirm your actual interest rate in your loan offer document.

* Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Fees

Fee type
Definition
Amount
Establishment fee
Upfront cost payable when accepting a loan
$150
Loan service fee
Monthly charge to cover costs of keeping account active
$10 per month

An upfront fee of $150 and ongoing monthly fee of $10 will apply, please consider these fees when deciding whether this loan suits your needs. Some additional fees, including a late-payment fee and other electronic banking fees may also apply. See more 

If you have Student Options, you're eligible for discounts on a range of products, including personal loans. 

How to apply

Apply online and get a response within 60 seconds. 

Alternatively, call us on 13 1431 8am–8pm, 7 days (Sydney/Melbourne time) or visit your local branch.

Apply online

1. Explore

Tell us what you want the loan for and explore your loan and repayment options.

2. About you

Tell us about you and your finances.

3. Review and submit online

Once we have your application we'll give you a response within 60 seconds.

4. Funding your loan

If you're approved, accept your contract and upload required supporting docs. New customers will need to visit a branch for an ID check.

Not sure which personal loan is right for you?

Save 1.5% p.a. on a Secured Car Loan

Apply and fund by 28th October.^

Tell me more

secure car loan

Tools & calculators

Help me choose

Use our personal loan selector tool to choose between Variable, Fixed Rate or Secured.

Use selector

Repayments calculator

Understand what your repayments will be. Adjust the term and the amount to meet your budget.

Calculate now

How much can I borrow?

Estimate how much you can borrow and work out the repayments at the current interest rate.

Calculate now

Things you should know

^ Apply and fund a new Secured Car Loan by 28th October 2018 to receive a 1.5% p.a. discount on your approved interest rate. 

1 Apply before midday Monday to Friday, and if you’re approved, we’ll give you access to your loan that day. Unavailable for secured loans, if an application is incomplete or needs to be referred for a more detailed review by a lending specialist, if required documentation isn’t provided and subject to system availability.

2 Additional repayments made on a Fixed Rate Loan are not available to be redrawn.

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

Unsecured personal loan repayment terms range from 1 to 7 years. Interest rate ranges and representative examples are based on an unsecured loan of $30,000 borrowed for 5 years are as follows:

  • with the minimum interest rate for a variable rate loan of 13.90% p.a. (14.77% p.a. comparison rate) or with the minimum interest rate for a fixed rate loan of 12.99% p.a. (13.86% p.a. comparison rate), the estimated total amount payable including fees is $42,540 or $41,696 respectively; and
  • with the maximum interest rate for a variable rate or fixed rate loan of 18.9% p.a. (19.74% p.a. comparison rate), the estimated total amount payable including fees is $47,344.

* Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.