1. Home
  2. Personal Loans
  3. Companies
  4. Bank First
Bank First logo

Bank First personal loans

Bank First is a customer-owned mutual bank that has provided financial services for Australians since 1972.

Bank First offers banking products such as personal loans, bank accounts, savings accounts, term deposits, credit cards, insurance, superannuation and home loans.

With only two offices for members to visit, Bank First mostly operates as an online bank in Australia.

Nick Bendel
Nick Bendel

Property & Personal Finance Writer

Content updated

Product data updated

Why choose Bank First


  • Redraw facility available
  • No ongoing fees
  • No early exit penalty fee


  • Only two branches in Australia
  • Potential for moderately high interest rates
  • No loans below $5,000 available

Bank First Personal Loans

Personal Loans calculator

Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios.


Your estimated repayments


based on a $30,000 loan for 5 years at -

Total loan repayments


Total interest charged


About our expert

Did you find this page helpful?

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.