Get more from your personal loan
If you’re looking to consolidate your debts, buy a new car or plan renovations, borrowing more money through your existing personal loan could be the perfect solution.
You can apply to increase your loan in NetBank, and most of your details will automatically appear on your application.Apply in NetBank
If you have a Variable Rate Loan and you’ve made additional repayments, you may be able to redraw those repayments if you need access to more money.
The minimum redraw amount is $500 and you need to be at least one month ahead on your repayments. There is no charge to redraw in NetBank or 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.
A $10 drawing fee applies when you redraw in branch. Redraw applies to the amount in excess of the required monthly repayments.
Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable.