Fair Rate Personal Loan

Sometimes you just need a little extra help to achieve your goals faster. Our Fair Rate Personal Loan can help to fund or partially fund holidays and travel, buying a car, debt consolidation, renovations, wedding plans, growing family or unexpected medical bills.

Our Fair Rate Personal Loan is unlike most personal loans from large financial institutions where a standard rate is generally applied. The rate on our Fair Rate Personal Loan is guided by your credit worthiness - so you may be rewarded with a better rate based on your borrowing history.

If we determine that you have an excellent credit score and a good borrowing record, you could be eligible for our Diamond Rate.

Diamond Rate from:

7.99 % p.a. Interest rate 8.20 % p.a. Comparison rate

Tier	Interest Rate	Comparison Rate
Diamond	7.99% p.a.	8.20% p.a.
Emerald	9.99% p.a.	10.21% p.a.
Sapphire	10.99% p.a.	11.21% p.a.
Ruby	12.99% p.a.	13.21% p.a.
Opal	16.99% p.a.	17.22% p.a.

Product Features:

Personal Loan Features
Minimum loan amount :	$1,000
Maximum loan term :	7 years
Interest charges :	Calculated daily, charged monthly
Repayment type :	Principal & Interest
Repayment frequency :	Weekly, fortnightly or monthly
Extra repayments :	Unlimited
Establishment fee :	$150
Monthly loan fee :	$0
Early termination fee :	$0
Redraw :	Yes
In principle approval :	Yes
Increase/top up :	Yes

Personal loan calculators

Use our personal loan calculators to understand your borrowing power and what your monthly repayment commitments may be.

Personal Loan
Calculator

Additional Information

We're ready to help you

Updated terms and conditions – March 2025

Relief for members impacted by Tropical Cyclone Alfred

Eligibility criteria, terms & conditions and fees & charges apply.

Footnotes:

¹ Applicants must be eligible for Diamond Rate as determined by G&C Mutual Bank. Refer to interest rate schedule for full list of interest rates.
² Comparison rate based on unsecured $30,000 loan over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
³ Minimum redraw amount of $100.