Personal and Car Loans
We are no longer accepting new applications for personal and car loan products.
Important update
From 28th October 2023 new applications for personal loans or car loans are no longer being accepted but existing accounts will remain open.
Personal loan
products
Fixed Rate Unsecured Personal Loan
This product is no longer offered for new applications.
- Low rate personal loans
- Flexible repayment options to suit your budget
- Pay off your loan sooner with unlimited extra repayments and no early repayment fees
Fixed Rate Secured Car Loan
This product is no longer offered for new applications.
- Pay off your loan sooner with unlimited extra repayments and no early repayment fees
- Flexible repayment options to suit your budget
- 1-7 year loan terms
Compare features
| Fixed Rate Unsecured Personal Loan | Fixed Rate Secured Car Loan | |
|---|---|---|
| Interest Rate | 10.99% p.a. | 7.39% p.a. |
| Comparison Rate* | 11.71% p.a. | 8.19% p.a. |
| Features | ||
| Interest rate | Fixed | Fixed |
| Repayment options | Principal and interest | Principal and interest |
| Minimum loan amount | $3,000 | $5,000 |
| Maximum loan amount | $40,000 | $80,000 |
| Minimum loan term | 1 year | 1 year |
| Maximum loan term | 7 years | 7 years |
| Redraw | Yes - in branch. Minimum $100, no fees apply. | Yes - in branch. Minimum $100, no fees apply. |
| Security | N/A | Motor vehicle secured |
| Repayment frequency | Weekly, fortnightly, monthly | Weekly, fortnightly, monthly |
| Extra repayments | Yes - no fees apply | Yes - no fees apply |
| Early payout | Yes - no fees apply | |
| Internet Banking | ||
| Fees | ||
| Application fee *^ | $150 | $195 |
| Monthly maintenance fee | $7.50 | $7.50 |
| Agreed credit advance fee | N/A | N/A |
*^ This product is no longer offered
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BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $250,000 IF BONUS INTEREST CRITERIA MET**
Smart Saver Account
Our high interest savings account for customers 36 years or older.
- Available on the myBOQ app
- No monthly account fees
- Comes linked with an Everyday Transaction Account
- Earn bonus interest each month when you meet the bonus interest criteria**
