Car and Personal Loans
Fee
Amount
Establishment Fee
Payable when you apply for a new personal loan or an increase to an existing personal loan.*
$250
Payable when your online-only special fixed rate personal loan is approved and funded.*
$350
Monthly Fee
There are no monthly fees.
$0
Redraw Fee
There are no redraw fees.
$0
Security processing fee
Payable when your loan is to be secured by a motor vehicle
$60
Arrears Fee
Payable whenever we send you a letter because you do not make a repayment in full on or before the date it is due and the default continues for three days or more.
- Letter 1 – arrears 3 to 10 days
- Letter 2 – arrears 11 to 18 days
- Letter 3 – arrears 19 to 26 days
- Letter 4 – arrears 27 days or more
First Letter
$0
Subsequent letters
$15
Other fees and charges may apply.
*This fee does not apply if you are entitled to receive Knowledge Counts banking benefits.