8.2 / 10

based on 707 Beyond Bank reviews as rated by Mozo community

Beyond Bank personal loans

Mutual financial provider Beyond Bank is owned by its members rather than shareholders, giving products a competitive edge when it comes to rates and features. Whether you need a personal loan for a home reno or new car, this page can help you scout out the right Beyond Bank option.

Beyond Bank also took home a 2021 Mozo Experts Choice Award for Best Car Loan.  

Beyond Bank offers the following personal loans

Rates and fees verified as correct at 17 May, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
Environmental Flexi Personal Loan (Fixed, Unsecured)

12.24% p.a.

12.50% p.a.based on $30,000
over 5 years

$175

Environmental Low Rate Personal Loan (Fixed, Secured)

6.24% p.a.

6.84% p.a.based on $30,000
over 5 years

$175

Environmental No Fee Personal Loan (Fixed, Secured)

7.24% p.a.

7.24% p.a.based on $30,000
over 5 years

$0

Flexi Personal Loan (Fixed, Unsecured)

12.49% p.a.

12.75% p.a.based on $30,000
over 5 years

$175

Flexi Personal Loan (Variable, Unsecured)

12.49% p.a.

12.75% p.a.based on $30,000
over 5 years

$175

Low Rate Car Loan Special Offer (Fixed, Secured)

4.69% p.a.

5.01% p.a.based on $30,000
over 5 years

$175

Low Rate Car or Personal Loan (Fixed, Secured)

6.49% p.a.

7.62% p.a.based on $30,000
over 5 years

$175

No Fee Car or Personal Loan (Fixed, Secured)

7.49% p.a.

7.49% p.a.based on $30,000
over 5 years

$0

Beyond Bank personal loans overview

Unsecured personal loans:

Labelled the “Flexi” Personal Loan, this Beyond Bank product can have a fixed or variable interest rate. If you want to remove the possibility of being surprised by an interest rate change during the loan term, a fixed flexi loan could be for you. Alternatively, you may prefer having the option to use a redraw facility for dipping into extra loan repayments and choose a variable rate loan. Loan amounts begin at $5k, and they don’t require collateral as security, which makes it easy on you if you have no assets! You can make extra repayments at no extra cost, and there isn’t an early repayment penalty for bringing the balance down to zero before the loan term ends. Apart from an initial fee when you take out the loan, Beyond Bank Flexi Personal Loans have no account-keeping fees.  

Low rate car loan or personal loan:

If you’re looking for a competitively low rate loan and have (or plan on buying) security to tie against it, this Beyond Bank Low Rate loan could be your one. The rate is fixed, meaning that low figure will stay as-is for the duration of the loan term. Beyond Bank will reward you with an even lower rate if you’re using it to finance an environmentally-friendly product or vehicle. You'll need to borrow at least $5k, and repay the loan on a term of up to 7 years. Pre-approval is available to help you gage your future purchase. While you’re free to make extra repayments, you cannot dip into them via a redraw facility. With one of these low rate loans, Beyond Bank won’t penalise you in fees for paying off your debt before the total is due. Just keep in mind you will be charged a fee to sign up.

No fee car or personal loan:

Just like the name suggests, Beyond Bank’s no fee car or personal loan is free to sign up for, there are zero monthly fees and no early loan repayment penalty. The minimum amount you can borrow with this loan is $10k. The No Fee Personal Loan has a higher fixed interest rate than the Low Rate Personal Loan described above. Apart from the differences between rates, fees and the minimum loan amount, this Beyond Bank loan has all the same features as the version mentioned above like a redraw facility and lower rate if the loan is helping you to make a green product purchase.

Environmental personal loans: 

Each Beyond Bank personal loan has an Environmental option - designed to fund expenses that are eco-friendly. The discounted rates apply if over 50% of the loan amount is for an approved environmental purpose. These loans are only available with fixed rates but come as either a "Flexi", "Low Rate" or "No Fee" loan. 

Beyond Bank personal loan features at a glance

How do you apply for a Beyond Bank personal loan?

Want to apply for a personal loan with Beyond Bank? All you need to do is fill out an online form or apply in person at a local branch. Beyond bank will let you know if the loan has been approved as soon as possible.

To apply for a personal loan with Beyond Bank you will need:


How are Beyond Bank personal loans rated?

Mozo users have rated Beyond Bank personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
Beyond Bank personal loans
Overall
8.3/10
Price
Features
Customer service
Convenience
Trust

39 Reviews

Recent Beyond Bank personal loan reviews

Beyond Bank Personal Loan review
Overall 10/10
GREAT STAFF EXCELLENT SERVICE GO EXTRA MILE 4U

GREAT STAFF, SUPER HELPFUL WITH RIGHT ADVICE ALWAYS GO THAT EXTRA DISTANCE FOR YOU

Read full review

GREAT STAFF, SUPER HELPFUL WITH RIGHT ADVICE ALWAYS GO THAT EXTRA DISTANCE FOR YOU

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Leonard, Australian Capital Territory, reviewed 2 months ago
Beyond Bank Low Rate Car or Personal Loan review
Overall 10/10
Good for life long members.

Very competitive rates.

Read full review

Very competitive rates.

Price
10/10
Features
5/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Loraine, South Australia, reviewed over 1 year ago
Beyond Bank Flexi Personal Loan (Unsecured) review
Overall 4/10
Don't rate Beyond Bank very highly

Find the rates high, don't stand by the customer very well when times are hard!

Read full review

Find the rates high, don't stand by the customer very well when times are hard!

Price
3/10
Features
1/10
Customer service
8/10
Convenience
10/10
Trust
4/10
Less
Eric, New South Wales, reviewed about 3 years ago
Beyond Bank Low Rate Car or Personal Loan review
Overall 10/10
Great rates, look no further

Greatest loan rates and hassle free to get a loan. Friendly and helpful staff. Issues resolved over internet or email.

Read full review

Greatest loan rates and hassle free to get a loan. Friendly and helpful staff. Issues resolved over internet or email.

Price
10/10
Less
Mihiri, Queensland, reviewed about 4 years ago

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