Personal Loans

Make it happen with a BOQ personal loan

Whether you’re looking to pay for your next car, holiday, consolidate your debts or you need some extra funds, our personal loans can help make your dreams a reality.

Everyone’s financial circumstances are different, which is why we offer a range of low rate personal loans to suit your lifestyle.


How to apply

Should I choose a secured or unsecured personal loan?

  • Secured personal loans – If you’re looking for a low rate personal loan, your residential property can be used to take out a secured personal loan. Your mortgage will be used as security in the event you’re unable to repay your loan.
  • Unsecured personal loans – If you don’t have any assets or you don’t want to use your mortgage as security, we offer an unsecured personal loan with a slightly higher interest rate. If you're looking to purchase a car, you can lock in lower interest rates by using your new car as security with our car loan.


Personal Loan Features and Benefits

Yes Low rate personal loans with a low monthly fee

Yes Borrow a minimum of $3,000 (unsecured loans only) for loan term of 1 – 7 years

Yes Choose from mortgage secured personal loans or unsecured personal loans

Yes Flexible repayment options – weekly, fortnightly or monthly

Yes Make extra repayments anytime to pay off your loan sooner

Yes Fixed or variable personal loan interest rates to suit your budgeting needs


Personal Loans 



Mortgage Secured 

Minimum loan amount



Maximum loan amount



Application fee



Monthly maintenance fee


Minimum loan term

1 year

Maximum loan term

7 years

Variable interest rate option

Yes - make unlimited additional repayments any time and pay off your loan sooner.

Fixed interest rate option

Yes – your set repayment amount is determined at the start of the loan


Nil or personal guarantee

Residential property

Extra repayments

Yes, without extra fees

Early payout

Yes, no fees apply





Internet Banking


EasyPhone Banking


Government fees and charges and Bank release fees may apply to release security.
Internet Banking and EasyPhone Banking access excludes withdrawal transfers and BPAY payments.

Personal Loan Interest Rates


SecurityInterest rate % p.a.Comparison rate % p.a.
Mortgage Secured10.9915.722




SecurityInterest rate % p.a.Comparison rate % p.a.
Mortgage Secured9.5414.302


This information is for general information purposes only. These rates are subject to change at any time. Details of our current rates may be obtained at any branch or contact us at our Customer Service Centre. 


1 Comparison Rate calculated on a loan amount of $10,000 over a term of 3 years. 

2 Comparison Rate calculated on a loan amount of $10,000 over a term of 3 years. These rates are for secured loans only. 


All Personal Loan interest rates including Car Loans are available on the Today's rates page.

Fees and charges


Personal Loans 



Mortgage Secured 

Monthly maintenance fee



Application fee



* this fee is applied to new loans from 1 September, 2008.


Fees and charges are payable. Normal credit assessment criteria apply. Full terms and conditions are available at any branch of Bank of Queensland. Interest rates quoted are indicative only, and are subject to change without notice. Fixed interest rates may vary between application and drawdown of the loan.

Apply for a Personal Loan

Important information

Please view the terms and conditions below: 


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