Personal loan · Unsecured · Variable
Personal Loan
13.77%comparison rate p.a.
from 11.49% advertised · Unsecured · variable · any purpose
73rd of 84 unsecured 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: $175 application · $5/mo.
- Advertised rate
- from 11.49% p.a.
- Application fee
- $175
- Loan amount
- $3,000 – $100,000
- Minimum age
- 17
- Comparison rate
- 13.77% p.a.
- Monthly fee
- $5
- Advertised rate
- from 11.49% p.a.
- Comparison rate
- 13.77% p.a.
- Rate type
- Variable
- Application fee
- $175
- Monthly fee
- $5
- Annual fee
- None
- Early repayment fee
- None
- Loan amount
- $3,000 – $100,000
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- Yes
- Flexible repayment frequency
- No
- Minimum age
- 17
- Residency
- Australian residents only
- Personal Loan
- RBA cash rate
- Unsecured average
October 20261 change
- 23Fri
- 13.48 → 13.7723 days after the RBA rise to 4.60%+0.29
Competitive, flexible and great for helping you get what you want sooner.
Also from Summerland Bank: Car Loan 8.15%
As of 2 November 2026, the Summerland Bank Personal Loan has a comparison rate of 13.77% (from 11.49% advertised), ranking 73rd of 84 unsecured loans tracked by BankMate and sitting 3.13 points above the unsecured market average of 10.64%. It is an unsecured variable-rate loan for any purpose with fees of $175 application · $5 a month. Lenders publish the lowest rate in their range; the rate offered depends on the applicant. Its rate last moved on 23 October 2026, 23 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.