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  • Commonwealth Bank Variable Rate

    Compare other
    personal loans

    Compare other
    personal loans

    • 14.90%

    • 15.76%

    • $10.00

    • $150

    • 14.65%

    • 15.51%

    • $10.00

    • $150

    Currently showing:

    Rates

    Rate types
    Variable
    Intro interest rate
    none
    Intro rate term
    none
    Variable rate
    14.90%
    Comparison Rate*
    15.76%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 6 year rate
    none
    Fixed 7 year rate
    none
    Minimum rate
    14.90%
    Maximum rate
    14.90%

    Other financial bits

    Minimum loan amount
    $5,000.00
    Maximum loan amount
    $50,000.00
    Minimum loan term
    1 Year
    Maximum loan term
    7 Years
    Repayment types
    none
    Security type
    Unsecured

    Fees

    Application fee
    $150.00
    Entry fee
    $
    Service fee
    $10.00
    Transaction fee
    $
    Late payment fee
    $20.00
    Exit fee
    $0.00
    Early repayment penalty
    0.0

    Features

    Repayment options
    Weekly, fortnightly, monthly
    Extra repayments allowed
    yes
    Redraw allowed
    yes
    Other restrictions
    none
    Other benefits
    none

    Rates

    Rate types
    Fixed
    Intro interest rate
    none
    Intro rate term
    none
    Variable rate
    none
    Comparison Rate*
    15.51%
    Fixed 1 year rate
    14.65%
    Fixed 2 year rate
    14.65%
    Fixed 3 year rate
    14.65%
    Fixed 4 year rate
    14.65%
    Fixed 5 year rate
    14.65%
    Fixed 6 year rate
    14.65%
    Fixed 7 year rate
    14.65%
    Minimum rate
    14.65%
    Maximum rate
    14.65%

    Other financial bits

    Minimum loan amount
    $5,000.00
    Maximum loan amount
    $50,000.00
    Minimum loan term
    1 Year
    Maximum loan term
    7 Years
    Repayment types
    none
    Security type
    Unsecured

    Fees

    Application fee
    $150.00
    Entry fee
    $0.00
    Service fee
    $10.00
    Transaction fee
    $
    Late payment fee
    $20.00
    Exit fee
    $0.00
    Early repayment penalty
    0.0

    Features

    Repayment options
    Weekly, fortnightly, monthly
    Extra repayments allowed
    yes
    Redraw allowed
    no
    Other restrictions
    none
    Other benefits
    Can make extra repayments of up to $5,000 to save on interest at a small cost.

    About Commonwealth Bank

    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.

    Mozo People's Choice Awards. As voted by the Australian money public. Our Community of 23,000 reviewers gave this provider the thumbs up.

    How are Commonwealth Bank personal loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Commonwealth Bank personal loans 6.2 Based on 216
    Commonwealth Bank personal loan reviews
    5.4 5.0 6.7 7.7 6.4

    Read Commonwealth Bank personal loan reviews by the Mozo community

    Latest reviews of Commonwealth Bank Fixed Rate

      • Commonwealth Bank Variable Rate (Unsecured)

        Commonwealth Bank Fixed Rate Student Loan (Unsecured)

        • 14.65%

          fixed 1 year rate

        • 15.29%

          comparison rate

        Show Rates

        Simple and quick approval

          1. Overall customer rating
          2. (Reviewed 6 days ago)

        Easy to apply online if you're an existing customer. Approval very prompt. Great re-draw facility and internet banking facilities as well.       Full review 

        Easy to apply online if you're an existing customer. Approval very prompt. Great re-draw facility and internet banking facilities as well.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Commonwealth Bank personal loan review by Mike from New South Wales

        Was this review helpful?

        Yes
      • Commonwealth Bank Variable Rate (Unsecured)

        Commonwealth Bank Fixed Rate Student Loan (Unsecured)

        • 14.65%

          fixed 1 year rate

        • 15.29%

          comparison rate

        Show Rates

        Good Savings Accounts

          1. Overall customer rating
          2. (Reviewed 13 days ago)

        I HAVE BEEN WITH COMMONWEALTH ALL MY LIFE FOR SAVINGS BUT THEY ARE NOT VERY COMPETITIVE WITH LOANS AND INTEREST THEY DON'T TRY TO PLEASE YOU WITH REWARDS FOR BEING WITH THEM FOR 5 OR 10 YEARS.       Full review 

        I HAVE BEEN WITH COMMONWEALTH ALL MY LIFE FOR SAVINGS BUT THEY ARE NOT VERY COMPETITIVE WITH LOANS AND INTEREST THEY DON'T TRY TO PLEASE YOU WITH REWARDS FOR BEING WITH THEM FOR 5 OR 10 YEARS.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Commonwealth Bank personal loan review by Kirstie from Victoria

        Was this review helpful?

        Yes
      • Commonwealth Bank Variable Rate (Unsecured)

        Commonwealth Bank Fixed Rate Student Loan (Unsecured)

        • 14.65%

          fixed 1 year rate

        • 15.29%

          comparison rate

        Show Rates

        Easy banking together with fantastic service

          1. Overall customer rating
          2. (Reviewed 13 days ago)

        Just recently applied for my 3rd personal loan with CBA. Such an easy smooth transaction and was all complete within 5 days and the staff were fantastic!!!       Full review 

        Just recently applied for my 3rd personal loan with CBA. Such an easy smooth transaction and was all complete within 5 days and the staff were fantastic!!!


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Commonwealth Bank personal loan review by Krystle from New South Wales

        Was this review helpful?

        Yes

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