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Personal loan deals

Compare personal loan deals and special offers to help you reach your financial goals.

Looking for a personal loan to help you pay for a holiday, buy a big-ticket item or consolidate debt? On this page, we’ve gathered a huge selection of the best personal loan deals and special offers from lenders across Australia. From interest-rate discounts to waived fees, these deals guarantee big savings to help you keep more money in your pocket.

Personal loan deals currently available

Rates last updated February 21st, 2018
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
Bank of Melbourne Unsecured Variable Rate Personal Loan
From 12.99% (variable)
14.06%
$3,000
1 to 7 years
$12
$0 (On new loan applications before 28th February 2018.)
An unsecured personal loan that gives you a choice between a fixed or variable rate. Apply before 28 Feb 2018 for a $0 application fee. Conditions apply.
BankSA Unsecured Variable Rate Personal Loan
From 12.99% (variable)
14.06%
$3,000
1 to 7 years
$12
$0 (On new loan applications before 28th February 2018.)
BankSA allows you to borrow up to $40,000 with your choice of a fixed or variable rate. Apply before 28 Feb 2018 for a $0 application fee. Conditions apply.
BankSA Unsecured Fixed Rate Personal Loan
From 12.99% (fixed)
14.06%
$3,000
1 to 5 years
$12
$0 (On new loan applications before 28th February 2018.)
Take advantage of a competitive fixed rate and no application fee for a limited time. Apply before 28 Feb 2018 for a $0 application fee. Conditions apply.
St.George Unsecured Personal Loan - Variable Rate
From 12.99% (variable)
14.06%
$2,000
1 to 7 years
$12
$0 (On new loan applications before 28th February 2018.)
Apply for up to $40,000 and benefit from the option to make extra repayments.Apply before 28 Feb 2018 for a $0 application fee. Conditions apply.
St.George Unsecured Personal Loan - Fixed Rate
From 12.99% (fixed)
14.06%
$2,000
1 to 5 years
$12
$0 (On new loan applications before 28th February 2018.)
Convenient redraw facility and flexible personal loan repayment options with a competitive interest rate. Apply before 28 Feb 2018 for a $0 application fee. Conditions apply.

Compare up to 4 providers

What deals can I get on a personal loan?

Australian lenders offer a range of personal loan deals to help sweeten the deal for borrowers.

  • Interest-rate discounts. You could enjoy a discounted interest rate to help reduce your ongoing repayment amounts. For example, you could receive a 1% p.a. discount off the lender’s standard variable rate for the life of the loan.
  • Waived fees. Some lenders will waive their application, establishment or ongoing fees, resulting in fewer out-of-pocket expenses when setting up and paying off your personal loan.
  • Other flexible features. A variety of other special offers may be available depending on the lender, such as the ability to make additional repayments at any time or no early exit fees.

How do I compare my personal loan options?

Make sure to consider the following factors when comparing personal loans:

  • Secured or unsecured. Will you need to offer collateral to guarantee the loan or can you access unsecured funding?
  • Interest rate. How high is the interest rate and how does it compare to rates from other lenders? Does the loan come with a fixed or variable rate?
  • Fees. Consider the application and ongoing fees that apply to the loan as well as any other fees that may apply in certain circumstances. For example, will there be an additional fee if you use the redraw facility or pay the loan off early?
  • Loan features. Next, look at the features each loan offers, such as a free redraw facility, offset account and easy online application. Remember to also include the special offer and the benefits it provides in this part of the comparison.
  • Repayment flexibility. Can you make additional repayments towards the personal loan whenever you want and without incurring any extra fees?
  • Eligibility criteria. Also remember to check whether you’re eligible to apply for the loan and that you satisfy any special criteria attached to the deal.

What do I need to consider when applying for a “special offer” personal loan?

If one of the personal loan deals on this page sounds perfect for you, make sure you take a few precautions before deciding to apply. Check the terms and conditions closely so that you’re fully aware of exactly how the special works – for example, will the discounted interest rate only apply for a limited period after which time the loan will revert to the lender’s standard rate?

It’s also essential to be sure that you’re only applying for a personal loan because it’s right for you, not just because it offers a great deal. Carefully consider the features and fees of any loan before deciding whether it’s the right product to help you reach your financial goals.

Have more questions about personal loan deals?

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Important Information*
Harmoney Unsecured Personal Loan

Interest rates are tailored to each applicant individually, and start from as low as 6.99% p.a. to 26.95% p.a. based on your credit history.

SocietyOne Unsecured Personal Loan

Based on your risk profile, you will receive a tailored rate between 7.5% and 20.14% with a SocietyOne personal loan. Apply before 31 March 2018 to earn 2 Velocity Points for every $1 you borrow.

Pepper Money Unsecured Fixed Rate Personal Loan

Apply for up to $50,000 and receive conditional approval within minutes. Interest rates range from 9.99% p.a. to 21.49% p.a. The rate you are approved for depends on individual circumstances.

NAB Personal Loan Unsecured Fixed

An unsecured personal loan with a competitive fixed rate that you can make additional repayments to without penalty. Note: You must have held a NAB credit card or transaction account for at least 6 months before applying.

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