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Fixed Rate Personal Loan

An unsecured personal loan with a fixed interest rate and no penalties for additional repayments!

Current interest rates

Apply now

Online application takes about 15 minutes

Why choose our Fixed Rate Personal Loan?

You can upload your documents online

Apply online and get a first stage outcome in 15 minutes

You can repay your loan after 12 months without penalty

You won’t be charged for extra repayments

Whether you’re borrowing for a boat, a caravan, a holiday, something for your home, or just something for you, our Fixed Rate Personal Loan can help make it possible. Fixed repayments make it easy to budget for your purchase, plus we include all the flexibility you need. Select the loan term that suits you and make extra payments when you choose!

Rates & Fees

and all other loan details

Fixed interest rate

Comparison rate

Comparison Rate Warning

Minimum loan amount

Repayment frequency

Loan term

Account keeping fee

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$5,000

Weekly, fortnightly, monthly

1 - 7 years

$5 monthly

Establishment fee

Fixed rate loan early payout fee after 12 months

Early payout fee within 12 months1

If the loan term is longer than 12 months

Extra repayments

$175

$0

$300

$0

For a complete guide to the fees and charges on our Personal Loans, download our Lending Fees and Charges brochure.

Quick and easy to apply

Eligibility requirements

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Customer Rating 5.0 stars out of 5 stars 5.0 stars out of 5 stars  (5.0 out of 5)

What you'll need

  • About 15 minutes
  • ID, e.g. Driver’s licence, Medicare card, and/or your Passport
  • Basic information about your wage, expenses & debts

What happens next?

Eligibility

To apply for one of our loans you must…

  • Be at least 18 years of age
  • Have kept a good credit record for the last 5 years
  • Be employed or receive regular income
  • Not be, or have been bankrupt or insolvent
  • Be a permanent resident of Australia
  • Have no past, present or pending judgements or claims against you

If you're self-employed please call 13 11 55 to apply

Check your eligibility

We let you know what documents we need, you can upload them online or email them to us

Receive a final loan decision in about 2-3 business days (once we have received all of your supporting documents)

Here to help
Take the guesswork out of your finances.

Get a clear understanding of how much you could borrow, earn or save.

View all calculators

FAQs

Chat to us today, we're here to help

Call us

Mon – Fri 8:30am – 7pm (AEST/AEDT)

Visit us

Find your nearest store

Insights and stories

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* Rates effective 28 September 2020, and subject to change at any time. The rate quote is for an unsecured fixed rate loan.

^ Comparison rate is based on $30,000 loan over 5 years. 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.

1 Where a loan has a fixed rate component, an early fee applies if you repay your loan within 12 months of settlement and the term of the loan exceeds 12 months.

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.

The Personal Property Securities Register

The Personal Property Securities Register (PPSR) is a national online register that can provide information to help protect consumers when they are buying personal property such as cars, boats or artworks (not including land or buildings). If you are buying a car privately you should conduct a search and check that there is no money owing on the car.

Next Day Working Conditional Approval

Provided the information you supplied in your application is correct and you can prove that to us.

Eligibility

To apply for one of our loans you must…

  • Be at least 18 years of age
  • Have kept a good credit record for the last 5 years
  • Be employed or receive regular income
  • Not be, or have been bankrupt or insolvent
  • Be a permanent resident of Australia
  • Have no past, present or pending judgements or claims against you

If you're self-employed please call 13 11 55 to apply

Fixed Rate

Lock in your interest rate and repayment amount

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.

Got a Question?

Ask Scout, the Suncorp Virtual Assistant