Personal Loans > Rates & Fees

Great rates for the term of your loan.

All SocietyOne loans are fixed rate, so your monthly repayments never increase.


Check out our great rates

Loan details2 - 3 year5 year
Interest rate % p.a.6.45% - 9.49%6.45% - 10.99%
Comparison rate % p.a.6.45% - 12.83%6.45% - 11.71%
Establishment fee *$0 - $495$0 - $495
Monthly feesNoneNone
Early repayment feesZeroZero
Hidden feesZilchZilch

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Easily calculate your rate

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Total repayment (inc. interest and fees)
Total interest
5.45% p.a.
Example interest rate*
5.45% p.a.
Comparison rate*

How it works

Get Your Rate

In as little as 2 minutes we’ll give you a rate based on your credit profile.

Apply Online

It only takes 5 minutes for most people to complete their online application.

Get Your Funds

Once approved, we’ll have the funds in as little as 1 business day.

How our rates compare

See how our unsecured personal loan rates measure up to the big 4, Commonwealth Bank, Westpac, ANZ and NAB.

from 6.45% p.a.*
15.54% p.a.
from 14.60% p.a.
13.20% p.a.
from 10.15% p.a.

Rates as of 15/12/2021. Excludes short term bank promotions.

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How are interest rates set?

Graded Tier System

When you apply for a loan through SocietyOne, your loan offer is assigned a grade between Tier 1 and Tier 4 with a corresponding interest rate range (see table above and the fee for establishing your loan.


Contributing Factors

The loan grade is based on a variety of factors, such as your credit history, credit score, employment status, cash flow and loan amount requested. The better the SocietyOne loan grade, the lower the interest rate and fee.


Approved & Matched

Once your application is approved, your loan will be placed in our marketplace and matched with our investors who provide the funding.


What’s a comparison rate?


Comparison rates help you work out the true cost of your loan by factoring in fees and charges. They combine the interest rate and all the known fees and charges that you’ll need to pay during the life of a loan into a single percentage figure.


They’re calculated on a number of factors including the loan amount, term, frequency of repayment, interest rate and fees and charges. You can compare the comparison rate for a loan to the advertised rate for that loan to see if there are any “hidden” fees or charges.


You can compare comparison rates for different loans to see which loan will cost more. Bear in mind - the comparison rate doesn’t include fees and charges that are based on some future event that might not happen, e.g. if you vary the loan or fail to pay.


Default Fees

Default fees apply if your repayment is late or we need to take action to recover the loan.

Late or overdue Payment Fee$35 per late paymentIf SocietyOne is unable to process a direct debit from your account and the payment remains outstanding, this fee is payable on each of 5, 14, 21 and 30 days after the payment date.
Direct Debit Dishonour Fee$15 per dishonourPayable if SocietyOne is unable to process a direct debit from your account.