Personal Loans
Found something you love, and need it right now? Suncorp Personal Loans can help make it a reality today. With a quick and easy application process you can buy a car, build a deck, or even consolidate your debts quicker than you may think. Personal Loans are available for any worthwhile personal purpose. If you already have a personal loan, talk to us about refinancing to meet your needs today.
Key Features of our Personal Loans
Use our Personal Loan calculator to estimate your repayments
Use this simple calculator to find out what your personal loan repayments will be. We’ve included our unsecured interest rate in this calculator, but if you’d like to see how much it would be with a different rate, simply type over the rate that's showing .
Remember, this is only an estimate and other factors may need to be taken into consideration. This calculator and the resulting calculations do not constitute a loan application, loan offer, or loan approval.
Personal Loans in more detail...
Interest rates, fees and all the other details you need to know about your personal loan.
| Feature |
Description |
| Fast Approval |
Conditional approval can usually be given the working day after we receive your application. Apply online, and it can be even quicker. If everything checks out, you’ll have your loan fast. |
| Fixed competitive rate |
The interest rate is fixed for the term of the loan, making budgeting easier because your minimum repayments never change. |
| Low fees |
Pay only one low establishment fee. No ongoing fees and no penalties for additional repayments.* |
| Repayment Flexibility |
Choose to repay your loan weekly, fortnightly or monthly or make extra repayments to pay off the loan early*. Simplify repayments by taking advantage of a direct salary transfer or automatic transfer from your Suncorp account. |
| Flexible loan terms |
Loans start at $5,000 and you can spread your repayments over a period of 1 to 7 years, depending on the loan amount and purpose. To apply online, your loan amount must be less than $80,000. If you wish to borrow more than that, please call us on 13 11 34, or drop into your local branch. |
* An Early Payout fee applies if you repay your loan within 12 months of settlement and the term of the loan exceeding 12 months.
Personal loans are available to residents of QLD, NSW, ACT, Vic and Tasmania who can settle their loan at a Suncorp branch.
| Fees |
|
| Establishment Fee (financed with the loan) |
$175 |
| Monthly account keeping fee |
Nil |
| Stamp duty |
Stamp duty and government charges apply |
Early Payout Fee
|
$300 (Payable on the day the loan is paid out, when the loan is paid out within 12 months of settlement and the term of the loan exceeds 12 months.) |
Personal loan interest rates can change at any time up until you receive your money (loan settlement). Once the loan has been settled, the interest rate will be fixed for the life of the loan.
Interest Rates
Personal Loan - Unsecured
|
Loan Amount
|
Annual Percentage Rate
|
|
$5,000 and over
Personal loan interest rates can change at any time prior to a loan being funded (settlement) after which time the rate will be fixed for the Fixed Interest Period. |
14.35% p.a.
|
15.60% p.a.
(based upon $10,000 over 3 years)
14.61% p.a.
(based upon $30,000 over 5 years) |
Download the Comparison Rate Schedule in PDF format.
Comparison Rate
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.
Comparison rate schedules are available at any Suncorp branch.
