Bank Australia Personal Loans

Compare 2 Bank Australia personal loans alongside the rest of the market, with the Bank Australia filter already applied. Starting from 7.49% p.a. (7.49% comparison rate*)

Rates checked against every provider’s own published dataWe show all of the product information we are able to access. For banking products that is each provider’s public Consumer Data Right (CDR) Product Reference Data endpoints, published under the Consumer Data Standards (CDS) maintained by the Data Standards Body. Where a provider does not publish a field, or a row is an editorial selection, we say so. on 19 Oct 2026
Written by Joshua PevyReviewed by Jordan PearceLast updated 19 Oct 2026How We Rank This PageEditorial StandardsOur Writers

Comparing 2 products

Every personal loan here will lend $20,000, so all 2 are shown.

Your situation

Loan term

Borrowing $20,000 over 5 years at the lowest advertised shown:

Monthly repayment from
$401/mo
Total repaid
$24,040
Total interest
$4,040

Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. Actual repayments depend on your rate, fees and loan terms.

ProductActions
Bank AustraliaAdvertised rate7.49%Comparison rate7.49%Monthly repayment$401/moVariablePrincipal & interestFeatures: Extra repayments

Reduced rate personal loan to help you make all-electric and energy efficient upgrades.

Bank AustraliaAdvertised rate9.49%Comparison rate10.53%Monthly repayment$420/moVariablePrincipal & interestFeatures: Extra repayments

When you need a personal loan to make your world a better place, we offer a few that could be just what you're looking for. Holidays, debt consolidation, cars and more.

Showing 1 to 2 of 2 rates

Comparison rate warning and base criteria

Base criteria: repayment figures shown in this table are calculated on a loan of $20,000 over 5 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. Where a lender publishes a range of rates, the estimate uses the lowest rate in the range, and the rate you are offered depends on your circumstances. These figures are examples only. They are not a quote, and they may not include all fees and charges.

*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $30,000 loan over 5 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.

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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.

We do not compare every personal loans available in Australia, and this table does not compare every feature that may be relevant to you. Changing the filters will surface further relevant products. See how we sort and rank products and how we make money.

This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.

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The Numbers Behind These Rates

Where this market sits today, and the official figures behind it.