Personal Loans Leaderboard

Looking for the best-rated personal loan offers on the market? Compare personal loan ratings and see how we’ve ranked current Australian personal loans.

Excellent credit personal loans

The top-rated personal loans today for borrowers with an excellent credit score. Assumes an unsecured $20,000 loan on a 36-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Features
1
13 position up today

4.85%

Variable up to 11.9%

5.71%

Australian Military Bank

$598

Redraw facility
Extra repayments
Fully drawn advance
Secured
2
1 position down today

5.79%

Variable

5.92%

Police Bank

$607

Redraw facility
Extra repayments
Fully drawn advance
Secured
3
1 position down today

5.99%

Variable

6.20%

G&C Mutual Bank

$608

Redraw facility
Extra repayments
Fully drawn advance
Secured
4
1 position down today

6.09%

Variable

6.69%

Summerland Credit Union

$609

Redraw facility
Extra repayments
Fully drawn advance
Secured
5
1 position down today

6.44%

Variable

6.68%

First Option Bank Ltd

$612

Redraw facility
Extra repayments
Fully drawn advance
Secured

New personal loan lender

The top-rated personal loans today for borrowers with an excellent credit score. This only includes products new to the market within the past year. Assumes an unsecured $20,000 loan on a 36-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Features
1
1 position up today

6.75%

Fixed

7.10%

OurMoneyMarket

$615

Redraw facility
Extra repayments
Fully drawn advance
Secured
2
1 position down today

5.75%

Variable up to 9.99%

6.47%

Symple Loans

$606

Redraw facility
Extra repayments
Fully drawn advance
Secured
3
3 position down today

8.95%

Fixed up to 16.95%

10.56%

Catch Personal Loans

$636

Redraw facility
Extra repayments
Fully drawn advance
Secured

Green personal loans

The top-rated secured and unsecured personal loans today for those borrowing for sustainability purposes, such as installing solar panels and energy-efficient white goods. Assumes a $10,000 loan on a 36-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Features
1
3 position up today

3.15%

Variable

4.10%

Australian Military Bank

$583

Redraw facility
Extra repayments
Fully drawn advance
Secured
2
1 position down today

5.79%

Fixed

5.92%

Police Bank

$607

Redraw facility
Extra repayments
Fully drawn advance
Secured
3
1 position down today

5.79%

Variable

5.92%

Bank of Heritage Isle

$607

Redraw facility
Extra repayments
Fully drawn advance
Secured
4
1 position down today

5.99%

Variable

6.26%

Community First Credit Union

$608

Redraw facility
Extra repayments
Fully drawn advance
Secured
5
5 position down today

6.75%

Variable

6.78%

Laboratories Credit Union

$615

Redraw facility
Extra repayments
Fully drawn advance
Secured

The 2020 Home Loan Award Winners