Unsecured Fixed Rate Personal Loan
Take control of your next step with a flexible CommBank Fixed Rate Personal Loan that puts you in charge.
- From
- 7.25%
- 8.65% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Discount To qualify for the energy-efficient discount, you must use your personal loan to buy or install eligible products. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual interest rate in your loan offer document. Comparison rate: 8.64% p.a. to 10.13% p.a. based on an unsecured loan of $30,000, over a term of 5 years. Warning: Comparison rates are true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Customers with an eligible CommBank home loan or investment loan (excluding the Viridian Line of Credit limits and the Equity Unlock for Seniors loan), who take out an Unsecured Fixed Rate Loan for eligible energy-efficient purchases (excluding EV and plug-in hybrid cars) will receive an interest rate of 4.24% p.a. (comparison rate 4.24% p.a.), save $250 on the establishment fee, save $15 a month on the loan service fee and have their Early Repayment Adjustment fee waived (comparison rate calculations are inclusive of this offer). | 7.24% | 8.64% | — |
| Fixed · 4 years Minimum rate 7.25%, 4 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lower end of our range may be offered to customers with an excellent credit history. We'll confirm your actual interest rate in your loan offer document. Comparison Rate (minimum rate): 8.65% p.a. based on an unsecured $30,000 loan over 5 years. 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. | 7.25% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Early repayment adjustment To cover reasonable administrative costs and estimated losses incurred by CBA as a result of you closing your fixed term loan early. This fee will not exceed the reasonable administrative costs and estimated losses arising from the early full repayment of your personal loan. | Exit | $15.00 |
| Establishment Fee Upfront cost payable when accepting a loan. | Upfront | $250.00 |
| 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. | Late payment | $20.00 |
| Loan service fee Charged monthly · Monthly charge to cover costs of keeping account active. | Ongoing | $15.00 |
| Settlement cheque fee Cheques provided to help you pay different recipients with your loan borrowings. | Other | $15.00 |
Features
- Digital banking
- Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
- Extra repayments
- You can make additional repayments, subject to an early repayment adjustment. Additional repayments made on a Fixed Rate Loan are not available to be redrawn. We may charge an early repayment adjustment if loan is fully repaid with 12 or more months remaining on loan term, and we reasonably estimate we will incur a loss or administrative cost.
- 1 to 7 years.
- Interest is fixed so you know what your repayments will be for the life of the loan.
- Pay weekly, fortnightly or monthly via direct debit. If you pay by any other means, your repayments will be monthly.
- Security is not required for this loan type.
Eligibility
- Minimum age — 18 years
- Individuals onlyIndividuals must have the legal capacity to enter into the loan contract. Not available for non-personal borrowers.
- Individuals must be eligible to work in Australia
- Individuals must be employed or receive regular income
- Individuals must have a good credit rating
- Individuals must not be going through the process of bankruptcy
- Meet CBA's credit assessment criteria which includes demonstrating the capacity to make the required repayments on the credit facility without substantial hardship.
- The maximum number of borrowers eligible to apply per application is one.
- Residency status — Must live in Australia and be either: an Australian citizen, an Australian permanent resident (permanent visa sub class holder), a New Zealand citizen, or eligible non-resident visa holder.
Constraints
- Maximum balance — $50,000.00
- Minimum balance — $4,000.00
More Information
Published by CommBank under the Consumer Data Right · Last updated 20 May 2026 · Product ID ae29850ddb9b437393b8ea49bffba09e · View on CDR.gov.au