Personal and Car Loans

We are no longer accepting new applications for personal and car loan products.{sub-heading}

Important update

From 28th October 2023 new applications for personal loans or car loans are no longer being accepted but existing accounts will remain open.

Personal loan products

Fixed Rate Unsecured Personal Loan

This product is no longer offered for new applications

Fixed rate Unsecured

10.99%p.a.{rate-display}

Comparison rate1

11.71%p.a.{rate-display}

  • Low rate personal loans
  • Flexible repayment options to suit your budget
  • Pay off your loan sooner with unlimited extra repayments and no early repayment fees

Fixed Rate Secured Car Loan

[br]

This product is no longer offered for new applications

Fixed Rate Car Loan

7.39% p.a.{rate-display}

Comparison rate2

8.19%p.a.{rate-display}

  • Pay off your loan sooner with unlimited extra repayments and no early repayment fees
  • Flexible repayment options to suit your budget
  • 1-7 year loan terms

Compare features{yellow-border}

Fixed Rate Unsecured Personal Loan
Fixed Rate Secured Car Loan
Interest Rate
10.99% p.a.
7.39% p.a.
Comparison Rate*
11.71% p.a.
8.19% p.a.
Features{colspan-3}
Interest rate
Fixed
Fixed
Repayment options
Principal and interest
Principal and interest
Minimum loan amount
$3,000
$5,000
Maximum loan amount
$40,000
$80,000
Minimum loan term
1 year
1 year
Maximum loan term
7 years
7 years
Redraw
Yes - in branch. Minimum $100, no fees apply.
Yes - in branch. Minimum $100, no fees apply.
Security
N/A
Motor vehicle secured
Repayment frequency
Weekly, fortnightly, monthly
Weekly, fortnightly, monthly
Extra repayments
Yes - no fees apply
Yes - no fees apply
Early payout
Yes - no fees apply
Internet Banking
Yes
Yes
Fees{colspan-3}
Application fee *^
$150
$195
Monthly maintenance fee
$7.50
$7.50
Agreed credit advance fee
N/A
N/A
Find out more
Find out more

*^ This product is no longer offered{text-center}

You might also be interested in:

Smart Saver Account

Smart Saver Account

Our high interest savings account for customers 36 years or older.

You can earn

{myboq-banking-rates|| sv2 || rate}%^^ p.a.{rate-display}

on deposit balances up to $250,000
  • Available on the myBOQ app
  • No monthly account fees
  • Comes linked with an Everyday Transaction Account
  • Earn bonus interest each month when you meet the bonus interest criteria**