Commonwealth Bank personal loans

Commonwealth Bank personal loans can be found here. Find more personal loans by visiting our compare personal loans page.

With so many different personal loans on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right personal loan choice. Find and compare Commonwealth Bank personal loans with Mozo.

The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans. Find Commonwealth Bank personal loans with Mozo.

 

This is how the Mozo community has rated your bank for its personal loans:

Commonwealth Bank's overall rating for personal loans is 6.4(rate this bank)

 

Commonwealth Bank offers the following personal loans

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Product Interest Rate (min) Comparison Rate* Estimated Monthly Repayment Total Cost Over Life of Loan
Fixed Rate Student Loan (Unsecured) 14.74% 14.74% $345 $2,434 Add to shortlist Go to site
Variable Rate Student Loan (Unsecured) 14.40% 15.04% $344 $2,734 Add to shortlist Go to site
Variable Rate (Unsecured) 14.40% 15.24% $344 $2,869 Add to shortlist
Fixed Rate (Unsecured) 14.74% 15.58% $345 $2,929 Add to shortlist

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rate displayed is for $30,000 over 5 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.


Reviews of Commonwealth Bank personal loans

NSW Customer - Alisha

  • Overall Rating

    9

  • Pricing

    9

  • Product Features

    8

  • Customer Service

    10

  • Convenience

    10

  • Trust

    10

They were great, the service was great we have all of our ACCTS with them. They went above and beyond our needs – Alisha from New South Wales, a Commonwealth Bank personal loan customer.   Reviewed 28 days ago

VIC Customer - Jaylee

  • Overall Rating

    3

  • Pricing

    3

  • Product Features

    4

  • Customer Service

    2

  • Convenience

    1

  • Trust

    2

Don't really like anything about the Commonwealth bank.... pay is usually late (bank never can tell me why)? and they will still charge me late fees on my direct debits. :( However i have had this bank account for many years and will remain a loyal customer! I do like the Commonwealth's Netbanking.. easy to log on and once logged on, menu options are great. – Jaylee from Victoria, a Commonwealth Bank personal loan customer.   Reviewed 29 days ago

VIC Customer - Willy

  • Overall Rating

    8

  • Pricing

    8

  • Product Features

    7

  • Customer Service

    9

  • Convenience

    6

  • Trust

    7

Excellent customer service, no fuss banking, competitive rates! – Willy from Victoria, a Commonwealth Bank personal loan customer.   Reviewed 2 months ago

VIC Customer - Trudy

  • Overall Rating

    8

  • Pricing

    4

  • Product Features

    6

  • Customer Service

    9

  • Convenience

    10

  • Trust

    10

We have had 2 personal loans through Commonwealth bank and both times they have been so helpful and kind. No fuss they do everything there in front of you and applying online is also very simple. – Trudy from Victoria, a Commonwealth Bank personal loan customer.   Reviewed 2 months ago

NSW Customer - Lianne

  • Overall Rating

    8

  • Pricing

    6

  • Product Features

    3

  • Customer Service

    5

  • Convenience

    8

  • Trust

    8

Like that I could pay the money back weekly not monthly. – Lianne from New South Wales, a Commonwealth Bank personal loan customer.   Reviewed 2 months ago

See all Commonwealth Bank personal loan reviews

Visit our compare personal loans page.

What else does Commonwealth Bank offer?

Below are the results for all Commonwealth Bank products, as rated by the Mozo community.

Product Type Overall Price Features Service Convenience Trust
Overall 6.4 5.7 5.2 6.6 7.3 6.5
Commonwealth Bank savings accounts 6.6 1871 REVIEWS 5.5 5.2 6.6 7.6 6.7
Commonwealth Bank bank accounts 6.5 1218 REVIEWS 5.5 5.5 6.6 7.6 6.7
Commonwealth Bank credit cards 6.5 1602 REVIEWS 5.3 5.7 6.3 7.6 6.7
Commonwealth Bank personal loans 6.4 248 REVIEWS 5.7 5.2 6.6 7.3 6.5
Commonwealth Bank home loans 6.6 956 REVIEWS 6.2 6.2 6.6 7.5 6.4
Commonwealth Bank term deposits 7.1 198 REVIEWS 6.5 5.4 7.0 7.2 7.3

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Commonwealth Bank also offers the following types of products