Commonwealth Bank Unsecured Personal Loan

13.90% p.a.to 18.90% p.a.

14.77% p.a.to 19.74% p.a.based on $30,000
over 5 years

$150

13.70% p.a.to 18.90% p.a.

13.86% p.a.to 19.74% p.a.based on $30,000
over 5 years

$150

Currently showing

Rates

  • Variable

  • 13.90% p.a.variable

  • 14.77% p.a.to 19.74% p.a.based on $30,000
    over 5 years

Fees

  • $150.00

  • $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

  • none

  • none

Rates

  • Fixed

  • 13.70% p.a.to 18.90% p.a. fixed

  • 13.86% p.a.to 19.74% p.a.based on $30,000
    over 5 years

Fees

  • $150.00

  • $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

  • none

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

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.

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

Product Type Overall Rating Price Features Service Convenience Trust
6.8

Based on 2027
Commonwealth Bank personal loans reviews

6.1 5.8 7.3 7.8 7.0

Read Commonwealth Bank personal loan reviews by the Mozo community

Latest reviews of Commonwealth Bank Unsecured Personal Loan

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) personal loan review

Overall rating   3 / 10

Untrustworthy

They have a lot of hidden fees.

Full review

They have a lot of hidden fees.

    Price   4 / 10

    Features   4 / 10

    Customer service   4 / 10

    Convenience   3 / 10

    Trust   3 / 10

Less

Haley, Victoria, reviewed 4 days ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) personal loan review

Overall rating   9 / 10

Easy as

Easy to organise online.

Full review

Easy to organise online.

    Price   9 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Lance, Queensland, reviewed 4 days ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) personal loan review

Overall rating   6 / 10

Fast, but high interest

Easy to apply and friendly, helpful service.

Full review

Easy to apply and friendly, helpful service.

    Price   7 / 10

    Features   4 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Te arohanui, Queensland, reviewed 7 months ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) personal loan review

Overall rating   9 / 10

Awesome

Very good.

Full review

Very good.

    Price   8 / 10

    Features   8 / 10

    Customer service   7 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Laura, New South Wales, reviewed 7 months ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) personal loan review

Overall rating   8 / 10

I am happy with this product.

My needs are being met.

Full review

My needs are being met.

    Price   8 / 10

    Features   9 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   7 / 10

Less

Heather, Queensland, reviewed 7 months ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

*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.

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