Which Australian bank offers the best personal loans for 1 year11.05.2020

Bankchart.com.au has surveyed the terms of the offered personal loans for 1 year in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 11.05.2020

As of 29 April 2020 the loans under review have been offered by 12 banks.  The average comparison rate under such loans equals 12,76 % p.a. The total number of the loan programs available for the specified loan terms is 20.

The most affordable personal loan is offered by Police Bank. The comparison rate under "Green Loan" loan program constitutes 5,79 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP-12 personal loans loan programs for 1 year, as of 29 April 2020

#

Name

Interest Rate, %

1

5,79

interest rate, %

interest rate

5,79

one-time fees

no

periodic fees

no

2

4,95

interest rate, %

interest rate

4,95

one-time fees

$ 125,00

periodic fees

no

3

8,89

interest rate, %

interest rate

8,89

one-time fees

no

periodic fees

no

4

4,69

interest rate, %

interest rate

4,69

one-time fees

$ 200,00

periodic fees

$ 5,00, monthly

5

7,89

interest rate, %

interest rate

7,89

one-time fees

$ 150,00

periodic fees

no

6

9,75

interest rate, %

interest rate

9,75

one-time fees

$ 90,00

periodic fees

no

7

12,32

interest rate, %

interest rate

12,32

one-time fees

no

periodic fees

no

8

8,99

interest rate, %

interest rate

8,99

one-time fees

$ 206,00

periodic fees

no

9

7,79

interest rate, %

interest rate

7,79

one-time fees

$ 250,00

periodic fees

$ 5,00, monthly

10

8,49

interest rate, %

interest rate

8,49

one-time fees

$ 195,00

periodic fees

$ 12,00, monthly

11

8,49

interest rate, %

interest rate

8,49

one-time fees

$ 195,00

periodic fees

$ 12,00, monthly

12

8,49

interest rate, %

interest rate

8,49

one-time fees

$ 195,00

periodic fees

$ 12,00, monthly

To view the up-to-date rating of the personal loans at our website, click here.

Reference:

Comparison Rate means quoted interest rate adjusted subject to non-recurring and periodical fee, if applicable.

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