CUA Unsecured Variable Personal Loan

Borrow up to $60,000 online or $100,000 in-branch. The interest rate is 11.89% p.a. although repayments may vary on a monthly basis.

  • Please note that CUA has been rebranded to Great Southern Bank. The information on this page has been kept for the benefit of those who are interested and historical records only.

CUA, now known as the Great Southern Bank, offers a variable rate personal loan at 11.89% p.a. The comparison rate is 12.15% p.a. You can borrow between $5,000 and $60,000 online, or if you visit the branch, you can borrow up to $100,000. As this is a variable rate loan, your repayments are likely to change on a month to month basis. This may make budgeting difficult. There are no limits as to how many repayments you can make, and you can also redraw a minimum of $200. There are no monthly fees with this loan, but there is a $175 establishment fee.

No reviews yet. Write a review

11.89% (variable)

Interest Rate (p.a.)

12.15%

Comparison Rate (p.a.)

$5,000

Min Loan Amount

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Details

Product NameCUA Unsecured Variable Personal Loan
Interest Rate (p.a.)11.89% (variable)
Comparison Rate (p.a.)12.15%
Interest Rate TypeVariable
Min Loan Amount$5,000
Max. Loan Amount$60,000
Loan SecurityUnsecured

Main points to consider about the CUA Variable Rate Personal Loan

When you take out a Variable Rate Personal Loan with CUA, you can enjoy no monthly fees and no penalty for early repayment. You will receive a interest rate of 11.89% p.a. You can choose when and how often you make repayments as well as being able to make as many extra ones as your finances allow.

For those who like stability with their repayments, CUA also offers a fixed rate version of its personal loan. You get the same repayment options as with the variable rate loan, including unlimited repayments.

Features of the CUA Variable Rate Personal Loan

  • Interest rate. 11.89% p.a. interest is applied to the amount of your personal loan. The comparison rate is 12.15% p.a.
  • Interest rate type. This is a variable rate loan, meaning that the interest rate could change with market fluctuations.
  • Establishment fee. A $175 establishment fee applies.
  • Loan term. Choose a loan term between 1 year and 7 years.
  • Loan amount. Borrow between $5,000 and $60,000 online. You can borrow up to $100,000 if you visit branch.
  • Repayments. You are offered flexible repayment options and are given the ability to make as many extra repayments as your budget allows.
  • Redraw. If you make additional repayments you can access them using the redraw facility with this personal loan. There is a $200 minimum for in-branch redraws.
  • Monthly fees. There are no monthly maintenance charges with this loan.

How to apply for the CUA Variable Rate Personal Loan

If the CUA Variable Rate Personal Loan is the right product for you, you can apply online. Just click the "Go to Site" button to get your application started. Before doing so, make sure that you are able to meet the following eligibility requirements:

  • You must be at least 18 years old
  • Applications will only be accepted from Australian citizens and residents
  • Your current credit report should have no defaults on any credit product in the last five years

If you meet these requirements you can continue to the application page. Have the following documentation ready to assist you in filling out the paperwork:

  • Personal information. You will need to supply your full name, current address and your driver's licence number.
  • Employment. Employment details will be required including employer's contact information, the position you hold and how long you've worked there.
  • Income. Provide details of your income. This should include your salary plus any other regular income you receive, such as a monthly rental payment.
  • Assets. A list of your assets. Include your car, savings and any investment accounts.
  • Liabilities. A complete list of all of your current debts. For credit cards, have ready the available balance as well as the amount that you owe.

A personal loan is a convenient way to fund an item that may be currently out of your reach. There are many features and options to consider before you make your final choice. Compare the personal loans being offered by a variety of different banking institutions before you settle for one.

Compare other personal loans

$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Symple Loans Personal Loan

From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10
⭐Special Offer: Earn up to 50,000 Qantas Points with a personal loan from Symple.
Borrow up to $50,000 with interest rate from 5.75% p.a. to 25.99% p.a. and earn 1 Qantas Point for every $1 borrowed.
Plenti Personal Loan

From 5.43% (fixed)
5.43%
$2,001
3 to 7 years
$0 to $999
$0
You'll receive a fixed rate between 5.43% p.a. and 17.89% p.a. based on your risk profile.
A flexible loan with amounts from $2,001 and terms starting from 3 years. Interest and comparison rates calculated for a loan term of 5 years.

⭐ Finder Exclusive: Eligible applicants with excellent credit will receive rates starting from 5.43% p.a. (comparison rate 5.43% p.a.). Offer ends 31 July 2021. T&Cs apply.

Citi Personal Loan Plus
8.90% (variable)
9.18%
$5,000
3 to 5 years
$199
$0
You'll receive a guaranteed rate of 8.90% p.a. with a comparison rate of 9.18% p.a. if you're approved. Note: This rate may vary during the loan term.
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years. Note: Monthly account service fee will be waived for applications submitted before 30 September 2021. The interest rate doesn’t change based on your risk profile, so you know your rate before you apply.
Harmoney Unsecured Personal Loan

From 5.35% (fixed)
6.14%
$2,000
3 to 5 years
$575 ($275 for loans of below $5,000)
$0
You'll receive a fixed rate between 5.35% p.a. and 19.09% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.
Alex Bank Personal Loan

From 5.45% (fixed)
5.45%
$2,100
6 months to 5 years
$0 (Waived $295 establishment fee)
$0
You'll receive a fixed interest rate from 5.45% p.a. to 19.99% p.a. based on your risk profile
Borrow between $2,100 and $30,000 from 6 months to 5 years. Note: The $295 establishment fee will be waived for loan applications submitted by 11 August 2021.
SocietyOne Unsecured Personal Loan

From 5.95% (fixed)
5.95%
$5,000
2 to 5 years
from $0 to $595
$0
You'll receive a fixed rate between 5.95% p.a. and 19.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
NAB Personal Loan Unsecured Fixed

From 6.99% (fixed)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
NOW Finance No Fee Unsecured Personal Loan

From 5.95% (fixed)
5.95%
$5,000
18 months to 7 years
No Establishment Fee
$0
You'll receive a fixed rate between 5.95% p.a. and 17.95% p.a. based on your risk profile
Borrow from $5,000 to $7,999 with loan terms between 18 months and 3 years or borrow $8,000 to $50,000 with loan terms between 18 months and 7 years.

⭐ Finder Exclusive: Apply and settle a NOW Finance debt consolidation loan via Finder by 30 September 2021 for your chance to win $2000 paid off your debt. T&Cs apply.
OurMoneyMarket Personal Loan

From 5.45% (fixed)
6.07%
$2,001
1 to 7 years
From $250 to $450
$0
You'll receive a fixed rate from 5.45% p.a. to 20.99% p.a. based on your risk profile.
A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.
ANZ Fixed Rate Personal Loan
8.99% (fixed)
9.88%
$5,000
1 to 7 years
$150
$10
You'll receive a guaranteed rate of 8.99% p.a. with a comparison rate of 9.88% p.a. if you're approved.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

⭐Special Offer: Secure a reduced interest rate of 8.99% p.a. for a limited time only. Apply for up to $50,000 to use for a variety of purposes without needing to add security.
Wisr Personal Loan

From 6.49% (fixed)
6.76%
$5,000
3 to 7 years
$195
$0
You'll receive a fixed rate between 6.49% p.a. and 20.95% p.a. based on your risk profile
A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.

⭐Special Offer: Wisr's standard establishment fee $595 will be reduced to $195 for applications submitted through Finder. T&Cs apply.
ANZ Variable Rate Personal Loan
10.50% (variable)
11.38%
$5,000
1 to 7 years
$150
$10
You'll receive a guaranteed rate of 10.50% p.a. with a comparison rate of 11.38% p.a. if you're approved. Note: This rate may vary during the loan term.
A flexible loan with amounts starting $5,000 that offers flexible repayments and a redraw facility.
Heritage Bank Fixed Personal Loan
7.99% (fixed)
8.62%
$5,000
1 to 7 years
$200
$5
Choose a fixed rate loan and receive a comparison rate of 8.62% p.a.
Fixed rate loans are available up to $100,000 on terms from 1 to 7 years.
MoneyMe Personal Loans

From 6.25% (fixed)
7.64%
$2,100
1 to 5 years
from $295 to $495
$10
You'll receive an interest rate between 6.25% p.a. and 19.95% p.a. based on your risk profile
Borrow up to $50,000 with no hidden fees or costs. Application process usually takes 5 minutes to complete and is done fully online.
Plenti Variable Rate Personal Loan

From 5.43% (variable)
5.43%
$2,001
1 to 3 years
$0 to $999
$0
You'll receive a variable rate from 5.43% p.a and 17.89% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 12 months. Benefit from transparent costs and a rate estimate before you apply.

⭐ Finder Exclusive: Eligible applicants with excellent credit will receive rates starting from 5.43% p.a. (comparison rate 5.43% p.a.). Offer ends 31 July 2021. T&Cs apply.
NAB Personal Loan Unsecured Variable Rate

From 6.99% (variable)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a variable rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
loading

Compare up to 4 providers

Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 5.35% p.a. and based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

10 Comments

    Default Gravatar
    Nivenia
    July 28, 2016

    Hi, My fiancee and I have been with CUA for around 11 years(there bout) could be more, I was wondering if this helps in getting a personal loan or a overdraw account and can it be a joint loan account. We just want it for when that unexpected money thing comes up.

      Avatarfinder Customer Care
      Elizabeth
      July 28, 2016

      Hi Nivenia,

      If you have an existing relationship with your bank it can help bolster your application. This is because your bank will have more data (11 years worth in your case) that other banks and lenders won’t. If that data is good and your accounts are in good standing, i.e. they haven’t been overdrawn recently, or if you have a savings account with CUA, it can help your application.

      However, it will ultimately come down to your ability to afford the loan. Chatting to CUA directly about your situation is a good first step to take.

      I hope this helps,

      Elizabeth

    Default Gravatar
    Paul
    May 10, 2016

    Hi. I have a current master card owing $6000. I am on a disability pension and have recently had my need for treatment increased. I need to get a loan to remove the credit card debt.
    I am 46 and have never defaulted on a payment but I cannot keep up my cards demands. I am outside the standard deviation the dsp is based on. I have to manage 3 separate illnesses each giving eligibility to the dsp.
    Can you help?
    Paul.

      Avatarfinder Customer Care
      Elizabeth
      May 10, 2016

      Hi Paul,

      The minimum eligibility for a CUA loan is that you’re over the age of 18 and a permanent Australian resident, so if you feel you can afford the repayments, you can apply. However, it will be best to contact CUA directly and discuss your eligibility before you apply. If you aren’t eligible for this loan you can find a list of other pensioner loan options featured on our website.

      I hope this has helped,

      Elizabeth

    Default Gravatar
    Marilyn
    February 21, 2016

    Hi. What would repayments be for 20,000 over 7 years and where are your branches on the Gold Coast?

      Avatarfinder Customer Care
      Elizabeth
      February 22, 2016

      Hi Marilyn,

      Using the personal loan calculator to work out repayments, it would be an estimated $364/month based on the 12.99% variable rate. This does not include other fees usually associated with personal loans so repayments may be slightly higher. You can click on the ‘Go to Site’ button to search CUA’s branches by postcode.

      Thanks,

      Elizabeth

    Default Gravatar
    shadow
    February 19, 2016

    monthly repayments please for 35,000 over 7 years

      Avatarfinder Customer Care
      Elizabeth
      February 19, 2016

      Hi Shadow,

      You can calculate the estimated repayment amount using the personal loan calculator. Upon checking, the $35,000 loan paid back monthly over 7 year period with a 12.99% standard variable rate would be an estimated $637/month in repayments. Please note that this is based on the standard rate, so other fees associated with the loan are not included.

      Please ensure to read through the relevant product disclosure statement and terms and conditions of the loan to ensure that you got everything covered before you apply.

      Hope this helps,

      Elizabeth

    Default Gravatar
    Taina
    December 3, 2015

    If I apply for $2000 what would my repayments be for paying every month for 1yr (just approx.)

      Avatarfinder Customer Care
      Elizabeth
      December 3, 2015

      Hi Taina,

      As this is a variable rate loan your repayments can fluctuate from month to month, but using the current rate your repayments would approximately be $89.31 per month. Be sure to check your loan contract for a total breakdown of fees and costs before agreeing to the loan.

      I hope this has helped.

      Thanks,

      Elizabeth

Go to site