Personal Loans: A How To Guide

Personal Loans are available for any worthwhile purpose, provided you meet the borrowing criteria.

You can apply online for amounts from $5,000 up to $80,000. 

Apply Online



A Personal Loan is simply money borrowed for anything that’s not a house.

Our Personal Loans are offered:

  • At a fixed rate, so you’ll always know each repayment amount.
  • For a fixed term starting as low as one year, and extending up to 7.
  • Click here for our current personal loan fixed interest rate.


What's the minimum amount I can borrow?

With Suncorp Bank, you can borrow from as little as $5,000.  Don't need that much? Your borrowing needs may instead be better suited to one of our credit card options.

You can get a Personal Loan for any worthwhile purpose, as long as you're mindful of the minimum loan amount of $5,000, and you meet the borrowing criteria.


What can I get a Personal Loan for?

I would like a personal loan for

A car with a value of $10,000 or greater that will be 12 years old or less at the end of the loan term. 

This includes:

  • A new car
  • A used car less 
  • Refinancing a car loan
Secured Car Loan
  • A car with a value less than $10,000 and/or will be older than 12 years at the end of the loan term.
  • Refinancing or debt consolidation
  • A boat, caravan or trailer
  • Education
  • Furniture and household goods
  • Home improvements
  • A motorbike
  • A wedding
  • A swimming pool
  • A holiday
  • Medical expenses
Unsecured Personal Loan

Remember, even if you don’t see your particular situation listed here, it doesn’t mean it’s not eligible. Simply call us on 13 11 75 to find out.


How soon can I have the money? 

If everything checks out, you'll have your loan within 3 to 5 business days after receipt of all the required documentation.


How do I apply? 

  • Call us on 13 11 75, and talk with one of our Lending Specialists.
  • Visit your nearest Suncorp Bank branch.
  • Apply online right now for any amount up to $80,000.

To make sure you have everything you need to apply, take a look at our preparation guidelines.


To apply for a Suncorp Bank Personal Loan, you must be:

  • 18 years or older
  • An Australian resident
  • Earning a minimum net income of $25,000 a year
  • Able to meet the repayments
  • Looking to borrow more than $5,000.


Speak to one of our Lending Specialists to get a clear idea of your eligibility. Call us on 13 11 75, or visit your nearest Suncorp Bank branch.

Still unsure? Have a look at an easy guide to our Eligibility Criteria. You can also try our guide to preparing your application.