Personal Loan
With low interest rates, fast approval and flexible repayment options, you can?t go past a Bank of us personal loan. From amounts as little as $3,000, our personal loans are straightforward and super
- From (investment)
- 6.49%
- 6.77% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable SAVVY SWITCH - SECURED PERSONAL LOAN | 6.49% | 6.77% | — |
| Variable VEHICLE PERSONAL LOAN - vehicle less than 2 years old | 6.99% | 7.27% | — |
| Variable SAVVY SWITCH - UNSECURED PERSONAL LOAN | 7.49% | 7.77% | — |
| Variable VEHICLE PERSONAL LOAN - vehicle between 2 and 7 years old | 8.99% | 9.28% | — |
| Variable UNSECURED PERSONAL LOAN | 10.99% | 11.28% | — |
| Variable VEHICLE PERSONAL LOAN - vehicle more than 7 years old | 10.99% | 11.28% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| PERSONAL_LOAN_APPLICATION_FEE | Upfront | $200.00 |
| SPECIAL_ATTENDANCE_FEE per attendance plus any amounts incurred by us in attending such requests, such as valuation fees, mortgage insurance premium, lender s risk and processing fee, legal costs, document custodian charges, titles office fees and electronic processing fees all of which are unascertainable at the disclosure date. | Event | $300.00 |
| ARREARS_FEE Payable in each instance you are in default under this contract. This fee will be debited to your loan account on the next business day. | Event | $40.00 |
| EVIDENCE_RETRIEVAL_FEE Applies where you request us to retrieve the paper item or evidence supporting a transaction. The fee is debited to your account when the required documentation is provided to you. Please note that the fee is not applicable where evidence shows that you did not initiate the transaction. | Event | $20.00 |
| CHEQUE_DISHONOUR_(INWARD)_FEE Applies where a cheque paid into your account with us is dishonoured. The fee is debited to your account on the date of dishonour. | Event | $12.00 |
| DUPLICATE_STATEMENT_FEE |
Features
- Redraw facility
- If your loan is in advance then redraw is available. Redraw is available same day without fees.
- Digital banking
- Extra repayments
- Real-time payments (NPP)
Eligibility
- Minimum age — 18 years
- Residency statusShould be a citizen or permanent resident of Australia. Temporary residents may be eligible if holders of an acceptable employer supported visa.
- Individuals only
Constraints
- Maximum balance — $80,000.00
- Minimum balance — $3,000.00
More Information
Published by Bank of us under the Consumer Data Right · Last updated 3 June 2026 · Product ID Personal_Loan · View on CDR.gov.au · View Source Data (JSON)