The Finance Algorithm
Bank of us

Personal Loan

With low interest rates, fast approval and flexible repayment options, you can?t go past a Bank of us personal loan. From amounts as little as $3,000, our personal loans are straightforward and super

Personal loansBank updated 4 June 2026
At a glance
Variable
6.49% · 6.77% comparison
Upfront fee
$200
§ 01 — Rates · 6
TypeApplies toTermBandRateComparisonConditions
VariableSAVVY SWITCH - SECURED PERSONAL LOANInvestment · P&I6.49%6.77%
VariableVEHICLE PERSONAL LOAN - vehicle less than 2 years oldInvestment · P&I6.99%7.27%
VariableSAVVY SWITCH - UNSECURED PERSONAL LOANInvestment · P&I7.49%7.77%
VariableVEHICLE PERSONAL LOAN - vehicle between 2 and 7 years oldInvestment · P&I8.99%9.28%
VariableUNSECURED PERSONAL LOANInvestment · P&I10.99%11.28%
VariableVEHICLE PERSONAL LOAN - vehicle more than 7 years oldInvestment · P&I10.99%11.28%
§ 02 — Fees · 6
FeeTypeAmountWhenNotes
ARREARS_FEEEvent$40Payable in each instance you are in default under this contract. This fee will be debited to your loan account on the next business day.
CHEQUE_DISHONOUR_(INWARD)_FEEEvent$12Applies where a cheque paid into your account with us is dishonoured. The fee is debited to your account on the date of dishonour.
DUPLICATE_STATEMENT_FEEEvent$5Payable for each duplicate paper copy of your monthly statement you request. Charged at the time of your request.
EVIDENCE_RETRIEVAL_FEEEvent$20Applies where you request us to retrieve the paper item or evidence supporting a transaction. The fee is debited to your account when the required documentation is provided to you. Please note that t…
SPECIAL_ATTENDANCE_FEEEvent$300per attendance plus any amounts incurred by us in attending such requests, such as valuation fees, mortgage insurance premium, lender s risk and processing fee, legal costs, document custodian charge…
PERSONAL_LOAN_APPLICATION_FEEUpfront$200
§ 03 — Features
RedrawExtra repaymentsInstant paymentsDigital banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Should be a citizen or permanent resident of Australia. Temporary residents may be eligible if holders of an acceptable employer supported visa.
  • · Available to individuals
  • · Minimum balance $3,000

Published by Bank of us under the Consumer Data Right, last changed by them on 4 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.