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. Any additional repayments made on a Fixed Rate Loan are not available to be redrawn.
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.
To redraw, simply log on to NetBank or the CommBank app and transfer money from your available personal loan funds to your preferred transaction account. Alternatively, you can call us on 13 1431 or visit your nearest branch.