The bonus interest issue impacting some members has been rectified and interest will be credited to the relevant accounts shortly. We thank you for your patience and apologise for the inconvenience.
Sometimes you just need a little extra help to achieve your goals faster. Our Fair Rate Personal Loan can help to fund or partially fund holidays and travel, buying a car, debt consolidation, renovations, wedding plans, growing family or unexpected medical bills.
Our Fair Rate Personal Loan is unlike most personal loans from large financial institutions where a standard rate is generally applied. The rate on our Fair Rate Personal Loan is guided by your credit worthiness - so you may be rewarded with a better rate based on your borrowing history.
If we determine that you have an excellent credit score and a good borrowing record, you could be eligible for our Diamond Rate.
| Tier | Interest rate | Comparison rate |
| Diamond | 7.99% p.a. | 8.00% p.a. |
| Emerald | 9.99% p.a. | 10.00% p.a. |
| Sapphire | 10.99% p.a. | 11.00% p.a. |
| Ruby | 12.99% p.a. | 13.01% p.a. |
| Opal | 16.99% p.a. | 17.01% p.a. |
| Features | |
| Minimum loan amount | $1,000 |
| Maximum loan term | 7 years |
| Interest charges | Calculated daily, charged monthly |
| Repayment type | Principal & Interest |
| Repayment frequency | Weekly, fortnightly or monthly |
| Extra repayments | Unlimited |
| Establishment fee | $150 |
| Monthly loan fee | $0 |
| Early termination fee | $0 |
| Redraw | Yes3 |
| In principle approval | Yes |
| Increase/top up | Yes |
For more related frequently asked questions, visit our FAQs page.
3 Minimum redraw amount of $100 applies.
Eligibility criteria, terms & conditions and fees & charges apply.
