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  4. Discount Rate All Purpose Loan

Discount Rate All Purpose Loan

  • 0 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

11.24%

Comparison rate* p.a.

11.86%

Discount Rate All Purpose Loan

  • 0 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

11.24%

Comparison rate* p.a.

11.86%

Calculate your repayments for this loan

$

Your estimated repayment

$656

based on 30000 loan amount for 5 years at 11.24%

Pros and Cons

For Discount Rate All Purpose Loan

Benefits

  • No early exit penalty
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch

Drawbacks

  • Service fee charged

QBANK Rate Personal Loan overview

For Discount Rate All Purpose Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$1k - $75k

Security type

Unsecured

Loan term

0 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit QPCU Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

N/A

Fees

Upfront fee

$195

Ongoing fee

$5 Monthly

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Debt consolidation

Renovation

Holidays

Medical bill

Shares

Student loan

Wedding

Other Restrictions

Excludes debt consolidation loans. Valid for personal loan applications for more than $5,000 of new lending and is available for a limited time only. To qualify, the customer must deposit a salary credit of at least $1,500 a month into a QBANK Everyday Plus transaction account. Offer may be withdrawn at any time.

FAQs