The Finance Algorithm
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Personal Loan

All Purpose Personal Loan

Personal loansBank updated 15 Oct 2026

At a glance

Variable
11.24%11.86% comparison
Loan size
$1,000 to $150,000
Upfront fee
$195

How it compares

This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This personal loan: 11.24%Every other institution's lowest, 67 in all

Lowest advertised rate, fixed or variable, leaving out car loans. One dot per institution, at its lowest personal loan rate anyone can apply for; hover or tap a dot for its name.

RateThis personal loanBest anywhereTypical institutionWhere it sits
Personal loanLowest advertised rate, fixed or variable, leaving out car loans11.24%5.80%Plenti Personal Loan7.96%of 68 institutions58th lowest of 68
Variable personal loanMoves with the lender's rates11.24%6.29%Bank of us' RESIDENTIALLY SECURED PERSONAL LOAN8.02%of 45 institutions36th lowest of 45

Rates

Every rate QBANK publishes for this personal loan, 3 in all.

TypeApplies toTermBandRateComparisonConditions
VariableDiscount Rate Personal LoanInvestment, Interest only--11.24%11.86%-
VariableAll Purpose Personal LoanInvestment, Interest only--13.24%13.86%-
VariableDebt ConsolidationInvestment, Interest only--13.24%13.86%-

Fees

2 fees published, grouped by when they're charged.

  1. When you take it out$195PERSONAL_LOAN_FUNDING_FEE
  2. While you hold it$5PERSONAL_LOAN_MONTHLY_ACCOUNT_FEE
  3. When you close it or pay it offNo fee published

When you take it out1

  • PERSONAL_LOAN_FUNDING_FEE
    $195

While you hold it1

  • PERSONAL_LOAN_MONTHLY_ACCOUNT_FEE

    This fee will be charged at the end of each month.

    $5

Features

  • No penalty for extra repayments

Eligibility and limits

  • Minimum age 18
  • Amount $1,000 to $150,000

Published by QBANK under the Consumer Data Right, last changed by them on 15 Oct 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.