Best Personal Loans in Australia (2026)

18 personal loans from 5 banks in Australia. 17 of them publish a rate; the rest quote only on application.

Every figure below is taken from the bank's own published pages and is shown in the bank's own wording — a flat rate and a reducing rate are not the same thing, so they are never merged. A dash means the bank does not publish that figure. Rates change; always confirm on the bank's site before applying.
Last read from the banks' websites on 16 August 2026.

Bank & loan	Rate (bank's own wording)	Min salary	Max amount	Tenure
ANZ Fixed Rate Personal Loan ANZ Australia bank's page ↗	7.49% p.a. to 19.99% p.a. — Fixed	—	A$5,000 – A$75,000	1 year – 7 years	View
ANZ Variable Rate Personal Loan ANZ Australia bank's page ↗	7.49% p.a. to 19.99% p.a. — Variable	—	A$5,000 – A$75,000	1 year – 7 years	View
Electric Car Loan westpac banking corporation bank's page ↗	5.74% p.a. to 8.49% p.a. — Fixed Example: Based on a personal loan of $30,000 borrowed for 5 years with the interest rate of 5.74% p.a. (comparison rate 7.16% p.a.), the estimated total amoun	—	A$10,000 – A$130,000	1 year – 7 years	View
Car Loan westpac banking corporation bank's page ↗	6.74% p.a to 13.54% p.a. — Fixed (the interest rate will be fixed for the loan term)	—	A$10,000 – A$100,000	1 year – 7 years	View
Variable rate personal loan National Australia bank limited bank's page ↗	7.50% p.a to 22.00% p.a. — Variable	—	A$5,000 – A$55,000	1 year – 7 years	View
Fixed rate personal loan National Australia bank limited bank's page ↗	7.50% p.a to 22.00% p.a. — Fixed	—	A$5,000 – A$55,000	1 year – 7 years	View
Variable Rate Loan Commonwealth Bank bank's page ↗	7.75% p.a. to 22.75% p.a. — Variable	—	A$4,000 – A$50,000	1 year – 7 years	View
Secured Fixed Rate Car Loan Commonwealth Bank bank's page ↗	6.79% p.a. to 10.79% p.a. — Fixed	—	A$4,000 – A$120,000	1 year – 7 years	View
Fixed Rate Loan Commonwealth Bank bank's page ↗	7.25% p.a. to 22.25% p.a. — Fixed	—	A$4,000 – A$50,000	1 year – 7 years	View
Unsecured Personal Loan westpac banking corporation bank's page ↗	7.29% p.a. to 22.19% p.a. — Fixed Example: Interest rate ranges and representative examples are based on an unsecured loan of $30,000 borrowed for 5 years with the interest rate of 7.29% p.a.	—	A$4,000 – A$70,000	1 year – 7 years	View
Student Personal Loan (unsecured) bendigo bank bank's page ↗	11.74% p.a.	—	—	7 years	View
Student Personal Loan (secured) bendigo bank bank's page ↗	9.54% p.a.	—	—	7 years	View
Personal Loan (unsecured) bendigo bank bank's page ↗	14.54% p.a.	—	—	7 years	View
Personal Loan (secured) bendigo bank bank's page ↗	9.54% p.a.	—	—	7 years	View
Green Personal Loan (unsecured) bendigo bank bank's page ↗	8.24% p.a.	—	—	7 years	View
Green Personal Loan (secured) bendigo bank bank's page ↗	6.24% p.a.	—	—	7 years	View
Hybrid Car Loan westpac banking corporation bank's page ↗	6.49% p.a. to 10.29% p.a. — Fixed Example: Based on a personal loan of $30,000 borrowed for 5 years with the interest rate of 6.49% p.a. (comparison rate 7.90% p.a.), the estimated total amou	—	—	1 year – 7 years	View
Car loan National Australia bank limited bank's page ↗	—	—	A$100,000	—	View