Our Fixed Rate All Purpose Personal Loan allows you to lock in your interest rate and repayments for a fixed period.
Category: Personal Loans Last Updated March 31, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a FIXED P&I product. Additional Information Fixed rate for 2 years. Comparison rates quoted are based on $30,000 for a term of 5 years for All Purpose Loans. Products quoted are unsecured except Car Loans over $50,000 are secured. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate.
Interest Rate 8.75% PA
Comparison Rate 8.89%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
, FIXED, 8.75%
Lending Rate Type: Fixed
Interest Rate: 8.75%, Comparison Rate 8.89%
Repayment Type: Principal And Interest
Loan Purpose:
, FIXED, 8.75%
Lending Rate Type: Fixed
Interest Rate: 8.75%, Comparison Rate 8.89%
Repayment Type: Principal And Interest
Loan Purpose:
, FIXED, 8.75%
Lending Rate Type: Fixed
Interest Rate: 8.75%, Comparison Rate 8.89%
Repayment Type: Principal And Interest
Loan Purpose:
, FIXED, 8.75%
Lending Rate Type: Fixed
Interest Rate: 8.75%, Comparison Rate 8.89%
Repayment Type: Principal And Interest
Loan Purpose:
Product Features
OtherAdditional Information: No ongoing fees
OtherAdditional Information: Choose weekly, fortnightly or monthly repayments
OtherAdditional Information: A competitive fixed interest rate
OtherAdditional Information: Debt consolidation
Digital BankingAdditional Information: 24/7 access via internet banking, mobile app and phone banking
Product Eligibility
OtherAdditional Information: You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
Residency Status - Individuals Must Be Citizens Or Permanent Residents Of Australia..
Natural Person
Min Age - 18.
OtherAdditional Information: All applications for credit are subject to responsible lending criteria. Fees and charges apply. You can find our Consumer Lending terms and conditions online or from any of our offices.
Bank Fees and Charges
Application Fee (Upfront), Amount: 100.00. Additional Information: This fee is applicable when the loan is funded.
Arrears Administration Fee (Event), Amount: 10.00. Additional Information: Payable each time staff action a loan account, RediCredit or Credit Card account in arrears.
Account Functions (Event), Amount: 2.50. Additional Information: $2.50 for each increment up to 3 minutes. Payable at the time the service is provided.
Break Fee (Variable), Amount: Not Listed.. Additional Information: Payable on early repayment i.e. during the fixed rate period if you repay the loan in full, you repay part of the loan or you switch from this loan type to another loan type. Please refer to clause 3B of the Consumer Lending terms and conditions for details of how this fee is calculated. At Cost.
Paper Statement Fee (Periodic), Amount: 1.50. Additional Information: This fee applies when you have elected to receive a paper statement by post in addition to a statement available to view and download in internet banking. It is in addition to fees for replacement and additional statements. For credit cards, this fee is debited to credit card account on the 7th day of the month after the end of a statement period. For all other accounts, this fee is debited to transaction, savings or loan account in that order on the 15th day of the month after the end of a statement period. Exceptions apply. For more information please refer to our Fees and Charges brochure.
Limitations & Restrictions (Constraints)
Min Limit of 4000.00 Additional Information: Minimum loan amount is $4,000
Max Limit of 80000.00 Additional Information: Maximum loan amount is $80,000. Debt consolidation is $50,000 maximum. For information on debt consolidation visit ASIC's website.
