Variable Rate Personal Loan rates and fees
Fees that will apply
|
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 |
Fees that may apply
|
Fee type |
Definition |
Amount |
|---|---|---|
|
Settlement cheque fee |
Cheques provided to help you pay different recipients with your loan borrowings |
Two free |
|
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 |
$20
|
|
Repayment redraw fee |
You may be able to redraw money you’ve paid back on your loan. |
No fee for electronic redraws. $10 fee for branch redraws |
|
Other electronic banking fees |
Please refer to our Electronic Banking General Information and Terms and Conditions |
|
Important information
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. A copy of our Standard Fees and Charges for Personal Loans and Personal Overdrafts can be picked up from any of our branches, or by calling 13 1431, 8.00am to 8.00pm, 7 days a week.
