Bank Australia Personal Loans

Bank Australia offers two types of personal loans, which come with different advantages and drawbacks.

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Richard Whitten

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Compare Bank Australia personal loans

2 of 2 results
Checked 23 June 2026
Finder Score Interest rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
Bank Australia logo
Finder score
7.9 Great
Bank Australia Lifestyle Personal Loan
Green CompanyVariable1 - 10 Years $1,000 - $100,000
Finder score
7.9 Great
Interest Rate (p.a.)
9.49%
Comp. Rate (p.a.)
10.53%
Application Fee
$150
Monthly Fee
$0
Monthly Repayment
$965.65
View details
Compare product selection
Bank Australia logo
Finder score
8.5 Great
Bank Australia Personal Loan Property Owner
Green CompanyVariable1 - 10 Years $1,000 - $100,000
Finder score
8.5 Great
Interest Rate (p.a.)
7.49%
Comp. Rate (p.a.)
8.52%
Application Fee
$150
Monthly Fee
$0
Monthly Repayment
$937.71
View details
Compare product selection
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How to apply for a Bank Australia personal loan

Applying online is a straightforward process. You'll need to meet general eligibility requirements including:

  • Being at least 18 years of age
  • Being an Australian citizen or a permanent resident of Australia
  • Being in paid employment
You'll need to provide current address details and evidence of employment. Having a good credit history improves your chance of approval. Lenders often have additional requirements, which you'll be told during the application process.

Compare other products from Bank Australia

Sources

Richard Whitten's headshot
Senior Money Editor

Richard Whitten is Finder’s Senior Money Editor, with over eight years of experience in home loans, property, credit cards and personal finance. His insights appear in top media outlets like Yahoo Finance, Money Magazine, and the Herald Sun, and he frequently offers expert commentary on television and radio, helping Australians navigate mortgages and property ownership. Richard started his career in education and textbook publishing in South Korea. He holds multiple industry certifications, including a Certificate IV in Mortgage Broking (RG 206) and Tier 1 and Tier 2 certifications (RG 146), as well as a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communications from Deakin University. See full bio

Richard's expertise
Richard has written 761 Finder guides across topics including:
  • Home loans
  • Credit cards
  • Personal finance
  • Money-saving tips
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6 Responses

    Rebecca's avatar
    RebeccaJune 5, 2018

    Hi I am after a personal loan… I am on Centrelink benefits and also maintenance payments but I have no dependents… are you able to help me with the best possible outcome and lender to go to

      Joel Marcelo's avatar
      JoelJune 5, 2018

      Hi Rebecca,

      Thanks for leaving a question on Finder.

      You can check our list of Centrelink loans. This page provides a list of lenders that will consider a loan for people on parenting payments.

      Please click the name of the lender to be redirected to our review page and learn more about the lender’s loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, you may then click on the “Go to site” button and you will be redirected to the lender’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Finding out about alternative loans while unemployed is also useful. These includes the No Interest Loans scheme (NILs) and the StepUP Program to help give eligible borrowers access to affordable finance.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.

      Cheers,
      Joel

    lauren's avatar
    laurenJanuary 29, 2015

    Interested in personal loan to fix my car as i have two sick children my credit rating is good I have no debts only applying for a small amount I receive disability pension , carers allowance, and family tax a and b

      Shirley Liu's headshotFinder
      ShirleyJanuary 30, 2015Finder

      Hi Lauren,

      Thanks for your question.

      Please note that finder.com.au is an online comparison service and is not a product issuer. If you would like to discuss your eligibility or options with bankmecu, please get in touch with them directly.

      Cheers,
      Shirley

    lauren hawkins's avatar
    laurenJanuary 6, 2015

    Suitable personal loan to fix my car and rego expenses as i am on a disability pension

      Matt Corke's headshotFinder
      MattJanuary 7, 2015Finder

      Hi Lauren,

      Thanks for your comment.

      As you are on a disability pension, credit options may be limited. We’ve curated a guide that outlines some pensioner loans, but not all, of the options available to you.

      I hope this helps.

      Cheers,
      Matt

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