Commonwealth Bank 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.

13.77% p.a.to 19.74% p.a.based on $30,000
over 5 years

$150

Commonwealth Bank Unsecured Personal Loan

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

13.77% p.a.to 19.74% p.a.based on $30,000
over 5 years

$150

12.70% p.a.to 18.90% p.a.

12.87% p.a.to 19.74% p.a.based on $30,000
over 5 years

$150

Commonwealth Bank Unsecured Personal Loan

12.70% p.a.to 18.90% p.a.

12.87% p.a.to 19.74% p.a.based on $30,000
over 5 years

$150

Details

Rates and fees information correct as at 20 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

  • 13.77% 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

*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 20 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 18.90% p.a. fixed

  • 12.87% 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.

*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 Unsecured Personal Loan

  • Overall
    10/10
    Best bank I've been with

    Great banking.

    Great banking.

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

    Derryn | Western Australia

    reviewed 13 days ago

  • Overall
    10/10
    Great

    Because it's great dealing with commonwealth

    Because it's great dealing with commonwealth

    Price
    10/10
    Features
    -1/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Shandelle | Queensland

    reviewed 21 days ago

  • Overall
    9/10
    Competitive, great customer service

    The only bank that would give a person on Carer Payment a chance.

    The only bank that would give a person on Carer Payment a chance.

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

    Annette | Queensland

    reviewed 26 days ago

  • Overall
    10/10
    Fantastic and trustworthy

    Reliable, fast, quick and secure.

    Reliable, fast, quick and secure.

    Price
    3/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    10/10

    Georgia | Queensland

    reviewed 26 days ago

  • Overall
    2/10
    Was not happy

    I applied for a loan and had a machine ask me questions. A real person then started talking to me...

    I applied for a loan and had a machine ask me questions. A real person then started talking to me and started typing out questions for me to answer which I did not enjoy at all. They said it would take around 20 minutes but i ended up being on the line for over an hour so I just hung up.

    Price
    2/10
    Features
    2/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    2/10

    Ana | New South Wales

    reviewed about 2 months 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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$150.00upfront and $10.00/month

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