Personal Loans

For life's little adventures

Our Personal Loans couldn’t be more personal because they can be tailored to your budget and lifestyle.

You can borrow for any worthwhile purpose from the latest in big ticket electronics, white goods and household items to holidays, cars, boats and bikes.

Refinancing or consolidating loans from other lenders is also our specialty.

  • No account keeping fees or early payout penalties

    So you can be sure every dollar you repay is reducing your loan

  • Pre-approval and 100% finance options

    Helping make our Personal Loans even more flexible

  • Your Bank of Heritage Isle Personal Loan may contribute to our Reduced Fees Program

    Helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fee rebates), personal cheques and external electronic periodical payments.

Low Variable Rate 5.79 %PA Comparison Rate* 5.92 %PA What would my repayments be?
Fixed Rate %PA Comparison Rate* %PA What would my repayments be?
Variable Rate %PA Comparison Rate* %PA What would my repayments be?
Green Loan %PA Comparison Rate* %PA What would my repayments be?

At Bank of Heritage Isle, we try and do our bit for the environment and encourage Members to do the same.

So we are launching our Green Loan which rewards you with a special low rate when you borrow for a green initiative, such as solar hot water systems, rainwater tanks, green vehicles or top energy savings white goods. For a detailed list of items available to purchase using the Green Loan click here.

Who can apply for a loan?

You can apply for a loan individually or jointly with one other person or multiple person/s. To apply you need to:

  • be at least 18 years old.
  • have a regular income.
  • be a permanent Australian resident.
  • be able to make your repayments.
  • want to borrow more than $5,000.

Terms & Conditions

#Minimum loan amount is $5,000. Rates current as at 4/11/19 and are subject to change. This discounted rate is only available for loans applied for and approved from 4/11/19 – 28/2/20. Loan must be funded within one month of application. This discounted rate is not available in conjunction with any other offer. Existing Bank of Heritage Isle personal loan borrowers must borrow minimum $5,000 additional funds to be eligible. We reserve the right to withdraw this offer at any time.

* The comparison rate is based on a loan of $30,000 over a 5 year term. 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.

^ This information was correct as at 7/8/19 and was obtained from publicly available information located on the website of each financial institution. Please note that Interest Rates and Comparison Rates are subject to change. To the extent permitted by law, we accept no responsibility for the accuracy of information, or any loss you or any person suffers due to relying on information provided.

Loans/Visa Credit Card

Reduced Fees Program

Schedule of Fees and Charges (PDF)

Financial Services Guide (PDF)