Help & support
Available for a limited time when you apply and fund an Unsecured Fixed Rate or Unsecured Variable Rate Personal Loan between 05 November 2024 and 25 February 2025~
Receive a fixed interest rate over the life of your loan. Know exactly how much your repayments will be.
Know you’re getting a personalised rate that suits your financial situation.
Complete the online application in about 15 minutes, with a response in as little as 60 seconds. Receive the funds on the same day you apply (if eligible).2
Choose a loan amount from $4,000 to $50,000 to buy a car, consolidate your debts, take a holiday or for your other goals.
Select a repayment frequency to suit you – weekly, fortnightly or monthly from one to seven years. You can also make additional repayments, subject to an early repayment adjustment.1
Easily make repayments and track your loan in NetBank and the CommBank app.
Design your dream home, whether you’re looking to renovate or redecorate
Wedding, baby, medical expenses or other personal investments
Get a discounted interest rate on eligible energy-efficient purchases such as solar panels, battery packs, electric and hybrid cars.
Are you a CommBank Home Loan customer? We’ll give you access to additional benefits for a limited time.
Things you should know
Interest and comparison rate warning
Your interest rate may be different and is based on a number of factors, including your credit history, the information you provide and our assessment of your application. We'll confirm your interest rate upon submission of your application.
* The comparison rate is based on a $30,000 unsecured fixed rate 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.
** Eligibility criteria, terms and conditions apply. Visit our Personal Loans page to find out more about the energy-efficient discount.
An upfront fee of $0 and ongoing monthly fee of $15 will apply - consider these fees when deciding whether this loan suits your needs. Some additional fees, including a late-payment fee and other electronic banking fees, may also apply. See more
Apply online and get a response within 60 seconds.
Alternatively, call us on 13 1431 8am to 7pm, Monday to Friday and 9am to 2pm on Saturday (Sydney/Melbourne time) or visit your local branch.
Tell us what you want the loan for and explore your loan and repayment options.
Tell us about you and your finances.
Once we have your application we'll give you a response within 60 seconds.
If you're approved, accept your contract and upload required supporting docs. New customers may need to visit a branch for an ID check.
Use our borrowing power calculator, and quickly and easily get a better understanding of:
Estimate how much you can borrow and work out the repayments at the current interest rate.
Understand what your repayments will be. Adjust the term and the amount to meet your budget.
Use our personal loan selector tool to choose between Variable, Fixed Rate or Secured.
Get help from Ceba in the CommBank app or connect with a specialist who can message you back. You’ll need CommBank app notifications turned on so you know when you’ve received a reply.
~ Offer available for a limited time. Apply and fund an Unsecured Fixed Rate or Unsecured Variable Rate Personal Loan between 5 November 2024 and 25 February 2025 to save $250 on the establishment fee (comparison rate calculations are inclusive of this offer).
We reserve the right to close or vary this offer at any time.
This guide doesn’t consider your individual objectives, financial situation or needs. Before basing any decisions on this information, please consider:
1 Additional repayments made on fixed rate loans are not available to be redrawn. An early repayment adjustment is charged 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.
2 You may be eligible for same day funding if you’re approved, accept your contract and complete verification by 4pm Monday to Friday (Sydney/Melbourne time). Subject to credit checks and assessment of your financial situation. Unavailable if an application is incomplete or needs to be referred for a more detailed review by a lending specialist, if required documentation isn’t provided and subject to system availability.
Applications for finance are subject to the Bank’s normal credit approval. View the Personal Loan Terms and Conditions. Full terms and conditions will be included in our loan offer. Fees and charges are payable.
Following the fixed rate period, if your loan hasn’t been repaid in full, the Standard Variable Rate will apply which is currently 16.00% p.a. This interest rate is effective as of 1 March 2024.
Unsecured Fixed Rate Personal Loan interest rate ranges and the representative rate are set out below. Comparison rates and examples are based on a $30,000 unsecured fixed rate loan over 5 years:
3 Interest rates at the lower end of our range, for example 8.00% p.a. (comparison rate 9.04% p.a.), may be offered to customers with an excellent credit history.
An excellent credit history is determined by, among other things, paying your bills and making loan repayments on or ahead of time, being disciplined with your credit applications, and not overextending yourself financially.
4 At least half of our approved customers will receive the representative rate or lower.
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.
