Commonwealth Bank Student Unsecured Personal Loan

The details shown below are for a variable loan between $4,000 and $50,000

The details shown below are for a fixed loan between $4,000 and $50,000

Choose the version of loan that suits you best

  • Loan: $4,000 $50,000

  • Loan: $4,000 $50,000

12.90% p.a.to 18.90% p.a.

13.55% p.a.to 19.5% p.a.based on $30,000
over 5 years

$0

Commonwealth Bank Student Unsecured Personal Loan

12.90% p.a.to 18.90% p.a.

13.55% p.a.to 19.5% p.a.based on $30,000
over 5 years

$0

12.70% p.a.to 17.40% p.a.

12.65% p.a.to 18.01% p.a.based on $30,000
over 5 years

$0

Commonwealth Bank Student Unsecured Personal Loan

12.70% p.a.to 17.40% p.a.

12.65% p.a.to 18.01% p.a.based on $30,000
over 5 years

$0

Details

Rates and fees information correct as at 22 November 2018. 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
  • Variable

  • 12.90% p.a.variable

  • 13.55% p.a.to 19.5% p.a.based on $30,000
    over 5 years

Fees
  • $0.00

  • $10.00

  • $20.00

  • $0.00

  • $0.00

Other financial bits
  • $4,000.00

  • $50,000.00

  • 1 Year

  • 7 Years

  • Unsecured

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • Establishment fee waiver apply to in branch applications only.

  • none

*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.

Details

Rates and fees information correct as at 22 November 2018. 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

  • 12.70% p.a.to 17.40% p.a. fixed

  • 12.65% p.a.to 18.01% p.a.based on $30,000
    over 5 years

Fees
  • $0.00

  • $10.00

  • $20.00

  • $0.00

  • May be payable

Other financial bits
  • $4,000.00

  • $50,000.00

  • 1 Year

  • 7 Years

  • Unsecured

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • no

  • Establishment fee waiver apply to in branch applications only.

  • 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 Student Unsecured Personal Loan

  • Overall
    6/10
    Pretty good

    I need a loan for my family and college and CBA has been helpful.

    I need a loan for my family and college and CBA has been helpful.

    Price
    9/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    5/10
    Trust
    7/10

    Rl | New South Wales

    reviewed 28 days ago

  • Overall
    6/10
    Nice

    The rates are fairly priced but could be better.

    The rates are fairly priced but could be better.

    Price
    6/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    7/10

    Rlratikah | New South Wales

    reviewed 30 days ago

  • Overall
    8/10
    Good customer service to hide the terrible product

    Like - very accessible - no waiting times during phonecalls, plenty of staff on in the bank and...

    Like - very accessible - no waiting times during phonecalls, plenty of staff on in the bank and will always do what they can to help you out Dislike - Hidden fees. 'Summarising' your loan requirements because your young, and trapping people who are not familiar with loans.

    Price
    4/10
    Features
    8/10
    Customer service
    5/10
    Convenience
    10/10
    Trust
    7/10

    Abby | Queensland

    reviewed over 2 years ago

  • Overall
    10/10
    Great service.

    Commonwealth have been amazing in finding the right loan for me.

    Commonwealth have been amazing in finding the right loan for me.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Letitia | Queensland

    reviewed almost 3 years ago

  • Overall
    5/10
    ?

    ?

    ?

    Price
    6/10
    Features
    6/10
    Customer service
    6/10
    Convenience
    6/10
    Trust
    5/10

    Brett | Western Australia

    reviewed about 3 years 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

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