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Personal Loans

Find a loan that suits you, with our Fixed and Variable Rate options

What can a Suncorp Personal Loan be used for?





Debt consolidation

A Suncorp Personal Loan can be used for a wide range of things. Plan your dream wedding, tackle those long-overdue renovations or consolidate existing debt to make it more manageable—in fact, you can apply for a personal loan for any reasonable purpose, so long as you are financially eligible. Simply let us know what you need when you apply online, or call us to discuss your options on 13 11 55.

Choose your Personal Loan

Fixed Rate 
Personal Loan

Fixed Rate

Key features

  • Lock in your rate & repayment amounts
  • Make extra repayments at no cost, and pay off the loan any time after one year without penalty
  • Low $175 establishment fee and $5 monthly account keeping fee
  • Minimum loan amount of $5,000

Variable Rate
Personal Loan

Variable Rate

Key features

  • Competitive variable interest rate
  • Make extra repayments at no cost, and pay off the loan at any time without penalty
  • Low $175 establishment fee and $5 monthly account keeping fee
  • Minimum loan amount of $5,000

Looking to get a loan for a car? We do those too.

  • If you’d like to buy a new car (less than 7 years old) then we could give you a better deal on your interest rate by allowing you to use the car as ‘security’ on the loan. For more information, check out our Secured Car Loan.
  • If you’d like to buy a car that’s more than seven years old, then simply continue on with one of our fixed or variable rate Personal Loans. 

How to apply for a Personal Loan

Ensure that you’re eligible

There are a few eligibility requirements that you should be aware of.

Apply online

It should only take around 15 minutes. You’ll need proof of ID and current financial information.

Sign your contract

If approved, you'll receive your approval outcome within 2-3 business days.

Access your money

You can view your loan and repayment details in Internet Banking.

Repayment calculator

Calculate your repayments

Here’s a big thank you
to you.

For helping Suncorp Bank earn the title 2018 Money magazine Bank of the Year and Business Bank of the Year.

Find out more

Help & Support

Frequently Asked Questions

What’s the difference between a fixed rate and a variable rate personal loan?

A fixed rate personal loan locks in an interest rate and repayment amount, meaning that your payments won’t change for the life of the loan and you can rely on a regular payment schedule.

With a variable rate loan, your payments may rise or fall at any point during the life of the loan. This means that you may reap the benefit of a lowered interest rate, but you’ll also be susceptible to interest rate increases. You can make extra payments at no cost and pay off the loan at any time without penalty.

* The comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as 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 is based on a $30,000 loan over 5 years.

^ Rates effective 26 July 2018.

Banking products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”) to approved applicants only. Please read the relevant Product Information Document and Terms and Conditions before making a decision regarding a Suncorp Banking product. Fees, charges, terms and conditions apply and are available on request or at Product Information Documents and Forms page.

In order to take out a loan with us you are not required to take out this insurance, however, for your convenience, we will provide further information on this insurance during your personal loan application process.

Get help with finding and buying a new car.

  • Discover the right car for you
  • Price your next car
  • Request a test drive
  • Get trade-in valuation
Find out more

Fixed Rate

Lock in your interest rate and repayment amount.

Variable Rate

A rate that ‘varies’ in line with market conditions.

Comparison Rate

A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product.