Personal loan · Secured · Fixed
Discounted Personal Loan
6.84%comparison rate p.a.
from 6.49% advertised · Secured · fixed · car loan
13th of 98 secured loans
Comparison rates are based on a loan of $30,000 over 5 years, secured or unsecured as each loan is. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Fees: $250 application.
- Advertised rate
- from 6.49% p.a.
- Application fee
- $250
- Loan amount
- From $20,000
- Minimum age
- 18
- Comparison rate
- 6.84% p.a.
- Monthly fee
- None
- Advertised rate
- from 6.49% p.a.
- Comparison rate
- 6.84% p.a.
- Rate type
- Fixed
- Application fee
- $250
- Monthly fee
- None
- Annual fee
- None
- Early repayment fee
- None
- Late payment fee
- $25
- Loan amount
- From $20,000
- Loan term
- Up to 10 years
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- Yes
- Flexible repayment frequency
- Yes
- Minimum age
- 18
- Residency
- Australian residents only
- Discounted Personal Loan
- RBA cash rate
No changes recorded for this product since tracking began on 12 September 2026.
Our Discounted Personal Loan is free of ongoing monthly fees, offers flexible loan terms and can be used to buy or refinance a new or used car, caravan or motorcycle at a great rate. We offer a discounted interest rate with our Green Car Loan option.
Also from People First Bank: Unsecured Personal Loan 10.73%
As of 2 November 2026, the People First Bank Discounted Personal Loan has a comparison rate of 6.84% (from 6.49% advertised), ranking 13th of 98 secured loans tracked by BankMate. It is a secured fixed-rate loan for car loan with fees of $250 application. Lenders publish the lowest rate in their range; the rate offered depends on the applicant. From the provider's Consumer Data Right feed, refreshed nightly.