Variable Rate Personal Loan rates and fees
Interest rate
|
Rate type |
Interest Rate |
|---|---|
|
Variable rate |
From 13.90% p.a. |
|
Comparison rate |
From 14.77%p.a.* based on an unsecured $30,000 loan over five years |
Important information
The reference rate is the Standard Variable Rate which is currently 13.90% p.a. This may not be your interest rate. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We will confirm your actual interest rate in your loan offer document. For information on our current range of interest rates, you can call us on 13 1431, 8.00am to 8.00pm, 7 days a week, or visit a branch.
*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 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 |
Fee charged when, 5 business days after the repayment due date, you are in arrears and your full monthly loan repayment is not received |
$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.
