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Commonwealth Bank personal loan reviews

Read the latest Commonwealth Bank reviews from real customers around Australia. Get the inside story on Commonwealth Bank personal loans from the Mozo community.

See all Commonwealth Bank personal loan reviews here, or search our reviews to find reviews about other providers.

Commonwealth Bank personal loan 

A Mozo reviewer from New South Wales, a Commonwealth Bank personal loan customer. 7Overall Rating
  Pros: Good interest rates, easy to access and excellent customer service. Cons: Fee's are high, more recommended if you have a Comm Bank transactions account. Reviewed about 2 hours ago  
  • 6Pricing
  • 5Product Features
  • 9Customer Service
  • 8Convenience
  • 9Trust

Commonwealth Bank personal loan 

A Mozo reviewer from Victoria, a Commonwealth Bank personal loan customer. 5Overall Rating
  I had no problem with my loan until I had paid it off, once I had paid it off I was still being charged fees for 3 months and had to contact them to stop this and finalise my loan which, because I paid it of early cost me more money. Was disappointed no effort was made to contact me once my loan was paid off. They were helpful on the phone however I will never loan with the Commonwealth Bank again. Reviewed 1 day ago  
  • 5Pricing
  • 0Product Features
  • 4Customer Service
  • 9Convenience
  • 6Trust

Commonwealth Bank personal loan 

Angela from Victoria, a Commonwealth Bank personal loan customer. 5Overall Rating
  There are a lot of fees when applying for a personal loan. Reviewed 14 days ago  
  • 5Pricing
  • 5Product Features
  • 5Customer Service
  • 5Convenience
  • 6Trust

Commonwealth Bank personal loan 

Patrica from New South Wales, a Commonwealth Bank personal loan customer. 10Overall Rating
  Personal attention was great, pleasant surroundings, coffee on offer, short waiting period, every item fully explained and follow up was excellent. Reviewed 14 days ago  
  • 10Pricing
  • 9Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust

Commonwealth Bank personal loan 

Bryan from Victoria, a Commonwealth Bank personal loan customer. 1Overall Rating
  I have banked with the Commonwealt5h Bank for 30 years and when I applied for a loan to assist me both personally and in my business I was turned down. All the way through the process i was assured that every thing would be fine. I then, in fact, had to ring over and over only finally to hear that they had knocked me back. As soon as I can find a better bank I will take all my accounts there. The CBA is a heartless machine. Reviewed 14 days ago  
  • 2Pricing
  • 2Product Features
  • 1Customer Service
  • 1Convenience
  • 1Trust

Commonwealth Bank personal loan 

Eric from Victoria, a Commonwealth Bank personal loan customer. 5Overall Rating
  No help for customer, bank only interested in making money. Reviewed 14 days ago  
  • -Pricing
  • -Product Features
  • 0Customer Service
  • -Convenience
  • 0Trust

Commonwealth Bank personal loan 

Kelly from Queensland, a Commonwealth Bank personal loan customer. 4Overall Rating
  I was having problems with my personal loan/credit card and wanted to put both together, at the time they could not do it. The lady I had been dealing with made contact with me 6 months later as she had found a way to help me, I felt she went over and above her call of duty to me. My personal loan is now one that suits me and my needs. Well done CBA. Reviewed 14 days ago  
  • 4Pricing
  • 0Product Features
  • 8Customer Service
  • 9Convenience
  • 6Trust

Commonwealth Bank personal loan 

Stacey from New South Wales, a Commonwealth Bank personal loan customer. 7Overall Rating
  This is a basic standard loan. They don't offer much - there are no pros and cons. Reviewed 14 days ago  
  • 7Pricing
  • 4Product Features
  • 10Customer Service
  • 8Convenience
  • 8Trust

Commonwealth Bank personal loan 

Barry from Victoria, a Commonwealth Bank personal loan customer. 8Overall Rating
  Have been with them for a long time plus other banks and have found they are as good as anybody. Reviewed 14 days ago  
  • 8Pricing
  • 9Product Features
  • 8Customer Service
  • 10Convenience
  • 8Trust

Commonwealth Bank personal loan 

A Mozo reviewer from Queensland, a Commonwealth Bank personal loan customer. 3Overall Rating
  I trusted my bank initially but when it came to informing me that they had declined further hardship assistance and they had sold my personal loan to the Debt Collectors I was not notified. Strange how it all happened in the same week they announced their bank had made multi millions in profits. Well of course they did, getting rid of my debt to them to another source such as a Debt Collectors Agency made their profit margin look even better. I wonder how many other customer loans were 'sold' to debt collection agencies. Thats the last time I bank with them and funding more trips to Hamilton island as well. Now because of them I have to file for bankruptcy. Go go go Commonwalth Bank, you just lost another dedicated loyal customer due to your lack of compassion and communication. Now to find a trustworthy bank.... but who?.....?? Reviewed 14 days ago  
  • 5Pricing
  • -Product Features
  • 8Customer Service
  • 7Convenience
  • 3Trust

Commonwealth Bank personal loan 

Gary from Australian Capital Territory, a Commonwealth Bank personal loan customer. 8Overall Rating
  I found the CBA to be helpful and friendly. Reviewed 14 days ago  
  • 8Pricing
  • 6Product Features
  • 9Customer Service
  • 7Convenience
  • 7Trust

Commonwealth Bank personal loan 

Rob from Queensland, a Commonwealth Bank personal loan customer. 9Overall Rating
  Because they provide good quality excellent customer service and at a good rate. Reviewed 14 days ago  
  • 6Pricing
  • 9Product Features
  • 9Customer Service
  • 9Convenience
  • 9Trust

Commonwealth Bank personal loan 

Nicole from New South Wales, a Commonwealth Bank personal loan customer. 8Overall Rating
  I have never had a problem with this product or bank so I would let anyone know about it. Reviewed 14 days ago  
  • 8Pricing
  • 7Product Features
  • 7Customer Service
  • 9Convenience
  • 7Trust

Commonwealth Bank personal loan 

Anthony from Western Australia, a Commonwealth Bank personal loan customer. 2Overall Rating
  This bank has a very hight interest rate backed with poor customer service. Not to mention the $8.oo per month account 'service' fee which is another compulsory charge added onto your debt. Their standard saving account also carries a $5.oo per month charge - for what purpose? Reviewed 14 days ago  
  • 3Pricing
  • 0Product Features
  • 2Customer Service
  • 7Convenience
  • 1Trust

Commonwealth Bank personal loan 

Robert from Queensland, a Commonwealth Bank personal loan customer. 7Overall Rating
  Of the top four banks I feel that there is not a lot of difference as you may get a bit more of one advantage but miss on another. I have found that the smaller banks tend to offer better or equal service to the big banks. Reviewed 14 days ago  
  • 5Pricing
  • 5Product Features
  • 8Customer Service
  • 6Convenience
  • 8Trust

Commonwealth Bank personal loan 

Annette from Queensland, a Commonwealth Bank personal loan customer. 1Overall Rating
  The customer service recieved over the year and a half has been appalling. I have been a customer for 12 years and am now considering switching. Reviewed 14 days ago  
  • 1Pricing
  • 2Product Features
  • 1Customer Service
  • 1Convenience
  • 1Trust

Commonwealth Bank personal loan 

Vanessa from Victoria, a Commonwealth Bank personal loan customer. 8Overall Rating
  never had any major problems with com bank they are great! Reviewed 15 days ago  
  • 8Pricing
  • 5Product Features
  • 7Customer Service
  • 8Convenience
  • 10Trust

Commonwealth Bank personal loan 

Chris from Queensland, a Commonwealth Bank personal loan customer. 8Overall Rating
  My bank manager is always in contact and checking up to see if im happy with the way things are going they have a competive rate and loads of extras and i can go see him anytime i want. Reviewed 15 days ago  
  • 8Pricing
  • 9Product Features
  • 10Customer Service
  • 8Convenience
  • 10Trust

Commonwealth Bank personal loan 

Lian from Queensland, a Commonwealth Bank personal loan customer. 7Overall Rating
  I have found the service at Commonwealth to be exceptional. The staff are always helpful and surprisingly cheerful and happy whenever I have been into the branch. It is a refreshing change to be able to go to a branch of a big corporation these days and be met by staff who actually seem to enjoy being at work. The only thing I can say I dislike about my experience with Commonwealth is the fact that I don't get regular paper correspondence from them anymore unless it is an advertisement for some sort for a new product they are marketing. Even though so much of our lives are run by computers and automated, it is nice to receive things like statements or rate increases by mail especially without having to pay extra for the service. Reviewed 15 days ago  
  • 3Pricing
  • 3Product Features
  • 9Customer Service
  • 9Convenience
  • 7Trust

Commonwealth Bank personal loan 

Jordan from Western Australia, a Commonwealth Bank personal loan customer. 1Overall Rating
  Personal loans through Commonwealth Bank is a horrible experience and I wouldn't recommend them to anybody. I was making double payments per week on a joint loan it was double from me and single for the other person. Even though i was making double payments, because the other person missed there payment they reefed $500 out of my bank 3 weeks in a row because of the other persons laziness. Which is appalling considering I was making double payments which I didn't have to do, but I still got punished for the other persons missed payment! Reviewed 15 days ago  
  • 2Pricing
  • 1Product Features
  • 0Customer Service
  • 1Convenience
  • 0Trust

Commonwealth Bank personal loan 

Gaylene from New South Wales, a Commonwealth Bank personal loan customer. 10Overall Rating
  I want to tell people that I have nothing but high referrals to the commonwealth bank, i have been with them for 13yrs and have had 2 personnal loans with them and have nothing but excellent support. Reviewed 15 days ago  
  • 10Pricing
  • 10Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust

Commonwealth Bank personal loan 

Naz from Victoria, a Commonwealth Bank personal loan customer. 8Overall Rating
  Loan is great, commonwealth were able to secure the loan in order to by myself a house. They were quite helpfull in lending the money. Altough trying to understand the interest reate and repayments was a little difficult. We had to go over it about three times before i could actually gain some knowledge on how home loans work. Reviewed 15 days ago  
  • 4Pricing
  • -Product Features
  • 9Customer Service
  • 9Convenience
  • 9Trust

Commonwealth Bank personal loan 

Elizabeth from Victoria, a Commonwealth Bank personal loan customer. 5Overall Rating
  Now my memory sometimes fails me but I am quite sure that I had been told that the interest rate was between 11% and 15% but somehow I ended up paying 16.5% even on a long loan. I also was not told that if I paid weekly I would save alot more money than if I paid monthly! I was not happy Jan. Othe than that the service and help with everything else when I would walk into the bank was great. Reviewed 15 days ago  
  • 3Pricing
  • 1Product Features
  • 7Customer Service
  • 8Convenience
  • 6Trust

Commonwealth Bank personal loan 

Sam from New South Wales, a Commonwealth Bank personal loan customer. 2Overall Rating
  Be aware of hidden rules. Reviewed 15 days ago  
  • 5Pricing
  • 3Product Features
  • 1Customer Service
  • 3Convenience
  • 1Trust

Commonwealth Bank personal loan 

Terry from Victoria, a Commonwealth Bank personal loan customer. 6Overall Rating
  Be aware and know all options of loan, Unsecured fixed or variable rate and Fixed rate secured loan are very different and can cause great stress if the right loan for you isn't aquired. Reviewed 16 days ago  
  • 6Pricing
  • 5Product Features
  • 8Customer Service
  • 8Convenience
  • 9Trust

Commonwealth Bank personal loan 

Garry from Victoria, a Commonwealth Bank personal loan customer. 1Overall Rating
  i dont dislike the commonwealth bank, i highly recomeend it. Reviewed 16 days ago  
  • 10Pricing
  • 9Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust

Commonwealth Bank personal loan 

Wendy from New South Wales, a Commonwealth Bank personal loan customer. 1Overall Rating
  Applied for a personal loan - not explained clearly why it was declined.Told twice to apply again in a months timeeach time declined.3rd time told that the bank wanted to see 3 months payments made on time,despite paying more than required each month and the late payment was due to overlap of salary and loan due date.Lender said she would ring in a months time to help reapply - a week later still waiting for call.Ad on TV where woman faints due to Bank calling her back makes me laugh. Reviewed 17 days ago  
  • 5Pricing
  • 5Product Features
  • 1Customer Service
  • 9Convenience
  • 1Trust

Commonwealth Bank personal loan 

Deidre from Queensland, a Commonwealth Bank personal loan customer. 10Overall Rating
  People should be happy with this bank I have been for years like any thing you have to keep an eye on the accounts and what is happening with it. Reviewed 20 days ago  
  • -Pricing
  • -Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust
 

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