Commonwealth Bank Secured Car Loan (Fixed)

6.99% p.a.to 10.49% p.a.

8.05% p.a.to 11.53% p.a.based on $30,000
over 5 years

$250

Commonwealth Bank Secured Car Loan (Fixed)

6.99% p.a.to 10.49% p.a.

8.05% p.a.to 11.53% p.a.based on $30,000
over 5 years

$250

Details

Rates and fees information correct as at 24 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Fixed

  • 6.99% p.a.to 10.49% p.a. fixed

  • 8.05% p.a.to 11.53% p.a.based on $30,000
    over 5 years

Fees
  • $250.00

  • $10.00

  • $20.00

  • $0.00

  • May be payable

Other financial bits
  • $10,000.00

  • none

  • 1 Year

  • 5 Years

  • Vehicle

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • no

  • none

  • Can make extra repayments of up to $1,000 per year without penalty.

*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 rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Customer Reviews

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

Overall customer rating
6.8/10
Price
6.1/10
Features
5.8/10
Customer service
7.3/10
Convenience
7.8/10
Trust
7.0/10

Latest reviews of Commonwealth Bank Secured Car Loan (Fixed)

  • Overall 9/10
    They just make it too easy.

    The CommBank app is the real star for me. Easy to navigate and use which has got me to set up my weekly payments until the amount is owed. The app reminds you constantly that you have an upcoming payment so I don’t have to worry about remembering to transfer because it just does it for me! With low interest rates it enables you to pay the amount owed plus interest with barely any issues, quick and efficient!

    Read full review

    The CommBank app is the real star for me. Easy to navigate and use which has got me to set up my weekly payments until the amount is owed. The app reminds you constantly that you have an upcoming payment so I don’t have to worry about remembering to transfer because it just does it for me! With low interest rates it enables you to pay the amount owed plus interest with barely any issues, quick and efficient!

    Price
    7/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Seab, Victoria reviewed 13 days ago
  • Overall 8/10
    Satisfactory.

    Very good.

    Read full review

    Very good.

    Price
    8/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    8/10
    Less
    Lisa, Tasmania reviewed 2 months ago
  • Overall 10/10
    Best bank

    They are the best bank. Always helpful when you need and very trustworthy.

    Read full review

    They are the best bank. Always helpful when you need and very trustworthy.

    Price
    8/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Montana, Queensland reviewed 5 months ago
  • Overall 10/10
    Amazing

    Helped me purchase a car.

    Read full review

    Helped me purchase a car.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Shandelle, Queensland reviewed over 1 year ago
  • Overall 3/10
    Need better assistance

    I am not happy with the loan department. Been with the same bank for a lot of years and they have not been very helpful.

    Read full review

    I am not happy with the loan department. Been with the same bank for a lot of years and they have not been very helpful.

    Price
    6/10
    Features
    3/10
    Customer service
    6/10
    Convenience
    5/10
    Trust
    8/10
    Less
    Allan, New South Wales reviewed over 1 year ago
Commonwealth Bank

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.

See Commonwealth Bank personal loans

Promoted

Wisr

Wisr

Unsecured Personal Loan

7.95% p.a.to 19.45% p.a.

8.78% p.a.to 20.4% p.a.based on $30,000
over 5 years

$595.00upfront and $0.00/month

Promoted

OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

8.00% p.a.

8.21% p.a.based on $30,000
over 5 years

$150.00upfront and $0.00/month

Promoted

RateSetter

RateSetter

Unsecured Personal Loan

6.79% p.a.to 14.99% p.a.

8.83% p.a.to 17.15% p.a.based on $10,000
over 3 years

$299.00upfront and $0.00/month

Promoted

People's Choice Credit Union

People's Choice Credit Union

Discounted Personal Loan

7.99% p.a.

8.35% p.a.based on $30,000
over 5 years

$250.00upfront and $0.00/month

Promoted

SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

7.50% p.a.to 14.99% p.a.

9.51% p.a.to 18.48% p.a.based on $10,000
over 3 years

$335.95upfront and $0.00/month

Promoted

Harmoney

Harmoney

Unsecured Personal Loan

6.99% p.a.to 28.69% p.a.

7.69% p.a.to 29.55% p.a.based on $30,000
over 5 years

$500.00upfront and $0.00/month

Promoted

ING

ING

Unsecured Personal Loan

8.99% p.a.

9.13% p.a.based on $30,000
over 5 years

$100.00upfront and $0.00/month

Promoted

MoneyPlace

MoneyPlace

Unsecured Personal Loan (Fixed)

7.65% p.a.to 26.99% p.a.

7.65% p.a.to 23.5% p.a.based on $30,000
over 5 years

$0.00upfront and $0.00/month

Promoted

OurMoneyMarket

OurMoneyMarket

Car Loan

5.50% p.a.

5.85% p.a.based on $30,000
over 5 years

$250.00upfront and $0.00/month

Promoted

Heritage Bank

Heritage Bank

Low Rate Secured Personal Loan

4.69% p.a.

7.16% p.a.based on $10,000
over 3 years

$200.00upfront and $5.00/month

Promoted

St.George

St.George

Secured Personal Loan

8.49% p.a.

9.60% p.a.based on $30,000
over 5 years

$195.00upfront and $12.00/month

Promoted

People's Choice Credit Union

People's Choice Credit Union

Discounted Personal Loan

7.99% p.a.

8.35% p.a.based on $30,000
over 5 years

$250.00upfront and $0.00/month

Promoted

OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

8.00% p.a.

8.21% p.a.based on $30,000
over 5 years

$150.00upfront and $0.00/month

Promoted

Wisr

Wisr

Unsecured Personal Loan

7.95% p.a.to 19.45% p.a.

8.78% p.a.to 20.4% p.a.based on $30,000
over 5 years

$595.00upfront and $0.00/month

Promoted

Harmoney

Harmoney

Unsecured Personal Loan

6.99% p.a.to 28.69% p.a.

7.69% p.a.to 29.55% p.a.based on $30,000
over 5 years

$500.00upfront and $0.00/month

Promoted

ING

ING

Unsecured Personal Loan

8.99% p.a.

9.13% p.a.based on $30,000
over 5 years

$100.00upfront and $0.00/month

Promoted

RateSetter

RateSetter

Unsecured Personal Loan

6.79% p.a.to 14.99% p.a.

8.83% p.a.to 17.15% p.a.based on $10,000
over 3 years

$299.00upfront and $0.00/month

Promoted

People's Choice Credit Union

People's Choice Credit Union

Low Rate Unsecured Personal Loan

9.99% p.a.

11.74% p.a.based on $10,000
over 3 years

$250.00upfront and $0.00/month

Promoted

SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

7.50% p.a.to 14.99% p.a.

9.51% p.a.to 18.48% p.a.based on $10,000
over 3 years

$335.95upfront and $0.00/month

Promoted

MoneyPlace

MoneyPlace

Unsecured Personal Loan (Fixed)

7.65% p.a.to 26.99% p.a.

7.65% p.a.to 23.5% p.a.based on $30,000
over 5 years

$0.00upfront and $0.00/month

Promoted

RateSetter

RateSetter

Unsecured Personal Loan

6.79% p.a.to 14.99% p.a.

8.83% p.a.

$0.00

Promoted

Heritage Bank

Heritage Bank

Low Rate Secured Personal Loan

4.69% p.a.

5.33% p.a.

$5.00

Promoted

OurMoneyMarket

OurMoneyMarket

Car Loan

5.50% p.a.

5.85% p.a.

$0.00

Promoted

RateSetter

RateSetter

Unsecured Personal Loan (Debt Consolidation)

6.79% p.a.

8.83% p.a.

$0.00