Interest rates

Variable Rate Personal Loan

Rate type
Interest Rate
Variable rate
Range: 11.50% p.a. to 18.50% p.a.
Representative rate: 13.50% p.a.^
Comparison rate*
Range: 12.38% p.a. to 19.34% p.a.
Representative rate: 14.37% p.a.^

Things you should know

^ At least half of our customers will receive the representative rate or lower. It may not be the actual rate you receive.

The representative rate is the Standard Variable Rate (i.e. the reference rate) which is currently 13.50% p.a. Your interest rate may be different and is based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your interest rate in your loan offer document

* The comparison rate is based on a $30,000 unsecured 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.

Fees & charges

Fees that will apply

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

Fees that may apply

Fee Type
Settlement cheque fee
Cheques provided to help you pay different recipients with your loan borrowings
Two free
$15 for every additional cheque
Late payment fee
May be payable on the fifth business day after the repayment due date if at the end of the previous business day your loan is in arrears
Other electronic banking fees

Things you should know

Please consider all upfront and ongoing fees and charges when applying for a new Personal Loan to ensure your loan is able to meet your needs. You can pick up a copy of our Standard Fees and Charges for Personal Loans and Personal Overdrafts from any of our branches, or by calling 13 1431, 8am - 7pm, Monday to Friday and 9am - 2pm on Saturday (Sydney/Melbourne time).

For a short period of time, the Personal Loan Terms and Conditions may advise that fees are payable for redraws processed in branch. However, please note that this has now changed and there is no cost to redraw.

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