1. Home
  2. Personal Loans
  3. Companies
  4. Qbank
QBANK logo

QBANK personal loans

QBANK is a financial institution for current or former members of the police, fire, public service or justice sectors and their family members in Australia.

Beginning in 1964, QBANK currently offers its members personal loans, home loans, credit cards, everyday bank accounts, savings accounts and financial planning, in addition to other banking products.

QBANK is a small Australian financial institution with only three branches to visit, all located within Brisbane.

Mark Bristow
Mark Bristow

Personal Finance Editor

Content updated

Product data updated

Why choose QBANK


  • Moderately low interest rate available
  • No ongoing fees
  • Redraw facility available


  • Very few personal loan options available
  • No branches outside Brisbane
  • Upfront fee charged

QBANK Personal Loans

Personal Loans calculator

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

0 years

Optional calculations


Your estimated repayments


Total interest


Total repayments


Compare personal loans
  1. This is an estimate of how much you would pay (weekly/fortnightly/monthly) based on your borrowing amount, interest rate and loan term.
  2. Calculations assume that details entered into calculator, including interest rates, do not change for the lifetime of the loan.
  3. Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.
  4. Months are assumed to be of equal length. However, given that some months are longer than others, interest charged by vary depending upon the month.
  5. The calculation rounds of the personal loan repayment to the closest dollar value without decimals.
  • All calculations are estimates only; there are no guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
  • Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
  • Calculator does not include the cost of fees or other extra charges.
  • Calculator does not account for changes to interest rates over time.
  • This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Read our full disclaimer.

Features of a QBANK personal loan

There are very few personal lending options available for QBANK members to choose from. Both secured and unsecured QBANK personal loans come with variable interest rates.

There are no ongoing fees for members to pay throughout the term of their personal loan with QBANK. There is an upfront fee to start the loan, but members will find it on par with what they would pay at a major bank.

QBANK personal loan rates are moderate when compared to other lending options. There is a moderately low special discount rate for borrowers who can deposit a monthly salary credit. This offer is for a limited time and can be withdrawn at the bank’s discretion.

QBANK personal loans - customer service

With only three branches to visit in Australia and all within Brisbane, Australians living outside of this area will have to do without face-to-face customer service.

Banking by phone or online is available for those members who are unable to visit a QBANK branch.

Who is eligible for a QBANK personal loan?

Potential borrowers must meet the following eligibility criteria for a QBANK personal loan:

  • Be an Australian resident
  • Pass a credit check
  • Show a history of employment and income
  • Be a member of QBANK
  • Have collateral for a secured loan

How to apply for a QBANK personal loan

QBANK members can apply for a personal loan via the following methods:

  • Online
  • By phone
  • By visiting a branch (Brisbane only)

QBANK personal loans review

There are limited options available for members looking to secure a personal loan with QBANK. All QBANK personal loans come with variable interest rates, which means they could increase (or decrease) over the lifetime of the loan.

Personal loan interest rates from QBANK are moderate when compared to the rest of the market. However, there is a special discount rate that is moderately low. Customers who want access to this rate will need to meet certain criteria and should be advised that this rate is not permanent.

Members with a QBANK personal loan will not be charged any ongoing fees, but they will have to pay an upfront fee. Borrowers may find the lack of ongoing fees to provide some cost savings.

There are no fees for early repayment, which could help members save money if their financial situation improves and they are able to pay off their loan early.

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.