Personal loan reportAs of 30 September 2026September 2026
The lowest unsecured rate was 5.95% and the average 10.59%. Lenders made 2 cuts and 2 rises.
Lowest rates
As of 30 September 2026- 4=Liberty Unsecured personal loan6.30%Go to site
- 4=MoneyPlace Unsecured personal loan6.30%Go to site
- 6Australian Mutual Bank LTD Fixed Rate Car Loan$150 to apply$150 to apply6.40%Go to site
- 7MoneyMe MoneyMe Personal Loan$10 a month$10 a month6.95%Go to site
- 8Revolut Revolut Personal LoanNo comparison rateNo comparison rate6.99%Go to site
- 9ING ING Personal Loan$199 to apply · $8 a month$199 to apply · $8 a month7.03%Go to site
- 10Bank First New Car Loan Personal Lending 1-5 Years Fixed Unsecured$195 to apply$195 to apply7.06%Go to site
Ranked by comparison rate, which counts the fees on $30,000 over five years. Each is the lowest rate in the lender's range; what you're offered depends on your credit.
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.
Average rates
182 loans · 68 lendersChanges in September
Since 12 September- Commonwealth Bank Unsecured Variable Rate Personal LoanUnsecured · variable8.79 → 8.04 · 22 Sep · 17th → 4th22 Sep8.79 → 8.04−0.7517th → 4th
- Queensland Country Bank Personal Loan-Secured New CarSecured · variable7.13 → 6.63 · 16 Sep · 15th → 4th16 Sep7.13 → 6.63−0.5015th → 4th
- Alex.Bank Secured Fixed Rate Personal LoanSecured · fixed7.90 → 8.91 · 22 Sep · 36th → 55th22 Sep7.90 → 8.91+1.0136th → 55th
- Alex.Bank Unsecured Fixed Rate Personal LoanUnsecured · fixed8.49 → 9.49 · 22 Sep · 15th → 21st22 Sep8.49 → 9.49+1.0015th → 21st
Not counted as changes: 8 corrections of our own reading of lenders' feeds and 45 loans we started tracking this month. Places are within each kind, among the 137 loans tracked all month.
- Data
- Each lender's Consumer Data Right (open banking) product feed, read nightly. A reading is recorded when a loan's comparison rate, advertised rate or fees differ from the last one stored.
- Like for like
- Changes and places compare loans tracked on both dates. Our own corrections are taken back to the start and never counted as a lender's move.
- Scope
- Personal and car loans a member of the public can apply for directly, as listed on BankMate. Factual comparison, not financial advice. Methodology · Today's full ranking
As of 30 September 2026, the lowest unsecured personal loan comparison rate tracked by BankMate was 5.95% from NOW Finance (Unsecured Personal Loan). The average across 84 unsecured loans was 10.59% (median 10.29%). The lowest secured rate was 5.79% from SWSbank, with secured loans averaging 8.36%. These are the lowest rates in each lender's published range, offered to the strongest applicants. During September 2026 BankMate recorded 2 rate rises and 2 cuts across 3 lenders.