Personal Loan
Borrow for any worthwhile purpose from the latest in big ticket electronics, white goods and household items to holidays, cars, boats and bikes.
- From
- 6.99%
- 7.13% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 7 years Driveaway Car Loan Fixed Rate - Fixed Rate Terms: 1-7 Years - L9-C3 | 6.99% | 7.13% | — |
| Variable Standard Regulated L9-C1 | 10.24% | 10.38% | — |
| Fixed · 7 years Fixed Rate Personal Loan - Fixed Rate Terms: 1-7 Years - L89-C1 | 12.99% | 13.14% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Default Notice Fee Payable when we send you a default notice under a loan contract when an arrears remains unremedied after we have sent you an arrears letter. | Event | $21.50 |
| Personal Loan Establishment fee Payable when your loan is funded | Upfront | $98.00 |
| PPSR At Cost. Certain loans will require us to use the services of PPSR. If we do so, the following may be payable: • PPSR Registration Fee • PPSR Financier Interest Enquiry • PPSR Variation of Interest | Upfront | $0.00 |
| Additional Statement Fee $5 for Archive Retrieval and $1.50 per page. Payable when you request an additional statement. | Event | $5.00 |
| Overdrawn Account Fee Payable when you exceed your credit limit by $75 or more within a calendar month. Interest will also be charged on any amount overdrawn in excess of the approved credit limit at the then current annual percentage rate | Event | $15.00 |
| Arrears Letter Fee Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract. |
Features
- Unlimited free additional repayments
- No Monthly Account Keeping Fees
- Redraw facility
- Fee free Redraw. Only available on Variable
- Reduced Fees Program. Your Border Bank Personal Loan may contribute to our Reduced Fees Program, helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fee rebates), personal cheques and external electronic periodical payments.
- Direct Credits. Set regular payments like your pay sent straight to your account
- Real-time payments (NPP)
- Yes
- Digital wallet — Google Pay
- Pay with your Border Bank Visa Debit Cards using Google Pay
Eligibility
- Residency status — Australian Residents
- Minimum age — 18 years
- Residency status — Australian Citizens
Constraints
- Minimum limit — $5,000.00
More Information
Published by Border Bank under the Consumer Data Right · Last updated 21 May 2026 · Product ID 26afd8c7-891f-4e32-87ff-2549b5d67885 · View on CDR.gov.au · View Source Data (JSON)