Loan purpose
Perfect for cars, motorbikes, boats, caravans or trailers, home renovations, holidays, wedding expenses and debt consolidation  
Low fees No account keeping or annual fees. No fees for extra repayments or fees for early repayment  
Flexible repayments Fortnightly or monthly repayment options  
Apply online Quick and easy to apply online  
Award winner Awarded Money magazine's Best of the Best Award for the Cheapest Personal Loan, Bank Category from 2009 to 2012   
No security or deposit required
No monthly or annual fee
No fees for extra repayments
No penalty for paying out your loan early
Flexible terms from 1 to 7 years to suit your needs
Loan amounts available from $5,000 to $50,000


Interest Rate 11.99% p.a.
Comparison Rate 12.36% p.a.

Comparison rate calculated on an unsecured loan of $30,000 for a term of 5 years, repaid monthly. WARNING: This comparison rate applies only to the example 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.

Establishment fee $250
Monthly account-keeping fee No fee
Annual fee No fee
Extra repayment No fee
Early repayment  No fee
Balance enquiry  No fee
Recent transaction history No fee
Direct credit fee

(if your loan is paid into your nominated account)

No fee
Direct debit dishonour fee

(payable when a direct debit we initiate is dishonoured)

Bank cheque fee

(if we agree to pay your loan amount via cheque)

No fees for the first 3 bank cheques, then $6 for each additional bank cheque
Duplicate or interim statements $5 per page

Things you should know.

^ Money magazine's Best of the Best Awards for 2012, 2011, 2010 and 2009, Gold Winner, Cheapest Personal Loan, Bank Category. Fees and charges apply. Terms and conditions are available on request. Applications are subject to credit approval.

The Novated Lease product is financed by Members Equity Bank Pty Limited (ME Bank), fleet managed and distributed through Leasexpress Fleet Management Pty Ltd.