Personal Loan Interest Rates
Interest rates for personal, car, eco loans, cards and overdrafts.

Personal Loan Rates
Loan interest is calculated daily by multiplying the unpaid balance of the account at the end of the day by the daily percentage rate. The daily percentage rate is the Annual Percentage Rate divided by 365. Interest is charged monthly and on the day you pay the balance of the loan. All rates quoted apply to new borrowings and are Annual Percentage Rates. For rates on existing loans or products no longer available for sale, refer to your loan statement or contact SERVICE ONE. Terms and conditions apply and fees and charges are payable. Lending criteria apply. Full details available on application. Rates are subject to change without notice.
SERVICE ONE Alliance Bank personal loan, card and overdraft rates effective 18 October 2019.
Fixed Rate Personal Loan (Secured) | |
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Fixed Rate | 6.90% pa |
Comparison Rate | 7.50% pa1 |
Variable Rate Personal Loan (Unsecured or Secured) | |
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Variable Rate | 9.99% pa |
Comparison Rate | 10.54% pa2 |
Fixed Rate Eco Personal Loan (Secured) | |
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Variable Rate | 6.79% pa |
Comparison Rate | 7.39% pa2 |
Variable Rate Eco Personal Loan (Unsecured) | |
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Variable Rate | 9.99% pa |
Comparison Rate | 10.54% pa2 |
Personal loans (no longer for sale) | ||||||||||||
|
Cards | Interest Rate | Comparison Rate |
---|---|---|
Visa Credit Card | 12.24% pa | N/A |
Visa card with overdraft/credit facility | 15.25% pa | N/A |
Visa card with overdraft/credit facility secured by an Owner Occupied home loan (effective 1 November 2019) | 4.40% pa | N/A |
Visa card with overdraft/credit facility secured by an Investment home loan (effective 1 November 2019) | 4.63% pa | N/A |
Student Visa card with overdraft/credit facility | 15.00% pa | N/A |
Related information: |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
1 Comparison rate calculated on a secured loan amount of $30,000 over a term of 5 years based on monthly repayments.
2 Comparison rate calculated on a loan amount of $30,000 over a term of 5 years based on monthly repayments.
Assistance Beyond Crisis (ABC)
ABC offers interest free loans for people who have experienced and left a domestic violence situation.