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  4. Personal Loan Special

Personal Loan Special

  • Special
  • 0 to 5 years
  • Unsecured
  • Variable Rate
  • No ongoing fees
Special

Eligible RACQ Bank customers can enjoy a 0.20% reduction on Personal Loan products. Eligibility criteria, T&Cs apply.

*The RACQ Bank Loyalty Offer is available for any Secured or Unsecured Personal Loan (excludes Green Loan products) Eligibility criteria, T&Cs apply.

Interest rate p.a.

9.99%

Comparison rate* p.a.

10.27%

Personal Loan Special

  • Special
  • 0 to 5 years
  • Unsecured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

9.99%

Comparison rate* p.a.

10.27%

Calculate your repayments for this loan

$

Your estimated repayment

$968

based on 30000 loan amount for 3 years at 9.99%

Pros and Cons

For Personal Loan Special

Benefits

  • No ongoing fees
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

    RACQ Bank Rate Personal Loan overview

    For Personal Loan Special

    Details

    Total repayments
    Interest rate type

    Variable

    Borrowing range

    $3k - $60k

    Security type

    Unsecured

    Loan term

    0 to 5 years

    Secured by

    Loan type

    Is Fully Drawn Advance

    Repayment frequency

    Fortnightly, Monthly, Weekly

    Target Market Determination

    Visit RACQ Bank to view Target Market Determination.

    Features

    Extra repayments

    Yes

    Redraw facility

    Instant approval

    Time to funding

    N/A

    Fees

    Upfront fee

    $195

    Ongoing fee

    $0

    Missed payment penalty

    $0

    Early exit penalty fee

    $null

    Permitted Loan Purposes

    New car

    Used car

    Motorcycle

    Boat

    Debt consolidation

    Renovation

    Holidays

    Medical bill

    Shares

    Student loan

    Wedding

    FAQs