Secured Personal Loan 
rates & fees

Things you should know

^~ Full details around the offer eligibility are set out below:

• If you are a CommBank Yello customer, you may qualify for a once-off cashback if you purchase a car through the Buy & Own a Car platform, and finance the purchase with an Eligible CommBank Secured Personal Loan (Cashback).
• To be eligible for this Cashback, you must: 
  • Enquire about and purchase a vehicle using the Buy & Own a Car platform;
  • Finance the vehicle purchase with a CommBank Secured Personal Loan (Vehicle SPL); and
  • Be assessed by us as being in the relevant CommBank Yello tier during the month in which your Vehicle SPL is funded (see tiers below).
• The amount of the Cashback you receive will depend on which CommBank Yello tier you are in, as follows:
  • CommBank Yello $100
  • CommBank Yello+ $200
  • CommBank Yello Gold $300 and
  • CommBank Yello Diamond $400
• The Cashback will be paid to your nominated CommBank Yello cashback account within four weeks of your Vehicle SPL being funded (and after you’re approved for the loan, accept your contract and complete verification. Loan approval is subject to credit checks and assessment of your application).
• The Cashback will appear in the account where any cashback on CommBank products would be paid under the CommBank Yello program (see CommBank Yello Terms & Conditions published here) with the reference: ‘CBA Yello [XXX]’.
• We reserve the right to close or vary this offer at any time, including the amount of Cashback and the eligible tiers of CommBank Yello.

¹ Interest rates at the lower end of our range, for example 6.29% (comparison rate 7.71%³), may be offered to customers with an excellent credit history.

An excellent credit history is determined by, among other things, paying your bills and making loan repayments on or ahead of time, being disciplined with your credit applications, and not overextending yourself financially.

Actions which can negatively impact your credit history include missing bill or loan repayments, defaulting on your credit facility, or making a large number of credit applications in a short period of time. You can find out more about how your credit score is calculated and tips for improving your credit score at our Credit Score Information Hub.

² At least half of our approved customers will receive the representative rate or lower.

Your interest rate may be different and is based on a number of factors, including your credit history, the information you provide and our assessment of your application. We'll confirm your interest rate upon submission of your application.

³ The comparison rate is based on a $30,000 secured loan over 5 years. 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.

⁴ Eligibility criteria, terms and conditions apply. Visit our Personal Loans page to find out more about the energy-efficient discount.