Rating based on 35 reviews

BOQ Personal Loan

  • Personal loans up to $40,000
  • Low-interest starting from 10.99%
  • Repayment up to 7 years

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BOQ homepage
Author BOQ. Screenshot of BOQ website.
[Accessed May 2, 2023]

Bank of Queensland – A reliable credit provider

The Bank of Queensland (BOQ) is one of Australia's leading banks and they are also almost a handful of banks not owned by bigger banks. Their branches are run by local owner-managers.

What this means is that each manager runs a small business making it possible to give clients superior customer service. One of their biggest priorities is to create long-term relationships with their customers based on respect and understanding.

Simple, easy to understand products

They have opened more than 190 branches nationwide since they opened their doors in 1874. They use their years of experience to develop easy to understand personal loan and banking products to help their clients with their financial needs. They offer a wide range of services and products to clients and businesses. They have proven that it is possible to love a bank.

Virgin Money Australia

BOQ operates under several brands including Virgin Money Australia which offer a broad range of products and services to individuals as well as businesses. Virgin Money Australia is a retail financial service that provides a range of affordable products and is a great alternative to big banks. Virgin Money is an independent company that operates within their banking group.

BOQ Loans up to $40,000

At BOQ they specialise in the asset, cash flow and structured business finance solutions. They are a mid-market credit provider and they have served countless customers with financial solutions.

They believe in creating long-term relationships and have shared goals with their clients. They proudly supply finance to businesses and they want to see you succeed and grow your business.

St Andrews insurance

St Andrews is a leading provider of insurance and life insurance. They are proud of their partnership with St Andrews, together they deliver innovative insurance solutions to clients and corporate partners.

There is a wide range of insurance products to suit every lifestyle and individual needs.

Personal loans

Their personal loans are great for any type of payments from emergency expenses to planning your next holiday. With a personal loan, you get a range of benefits.

You can make unlimited repayments with no early repayment fees. You can qualify to borrow an amount of minimum $3,000 with a loan term that ranges between and 5 years. The maximum loan amount you can qualify for is subject to your personal financial situation.

BOQ – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 10.99%
  • Loan Amount up to $40,000
  • Repayment 1 year to 7 years

Benefits of BOQ

  • Lower interest rates and fees
  • Easy online loan applications
  • Competitive interest rates
  • Affordable business finance

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Bank of Queensland – A bank you will grow to love

They understand that everyone has different financial situations and needs, and therefore they have designed their quick loans around these specific needs.

It is easy to apply for a loan, you can visit them at one of their branches or visit their website and apply online.

Secured personal loans

Their secured personal loan option uses an asset you own as security when you apply for a loan. These loans come with very low-interest rates and you can qualify for a loan amount between $5,000 and $50,000.

Unsecured personal loans

An unsecured personal loan does not need any security when you apply for the loan. The loan amount that you can qualify for is lower than that of the secured loan with a slightly higher interest rate. You can borrow between $3,000 and $40,000 and choose between a flexible or fixed interest rate.

You can qualify for a loan if:

  • You are over 18 years old
  • You have never been bankrupt
  • You have a regular income
  • You are a permanent resident

Follow these 3 effortless steps to apply

  1. Visit their website to find out how to apply for a loan and inquire about a loan
  2. Contact them on 1300 583 046
  3. Find your nearest branch

To get these documents ready

  • A copy of your ID
  • Employment details and contact numbers
  • Financial details, including assets, expenses and debt

At the Bank of Queensland, they offer you much more than just banking and long and short-term loan products, they offer you solutions that fit your individual needs. Their loan options come with a range of benefits, don’t look elsewhere, apply for your personal loan with them today.

man holding thumbs up

BOQ is a trusted & reliable provider of personal loans

In our review, BOQ adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ BOQ is a registered credit provider in Australia: ACL 244616

Customer Reviews & Testimonials

Super straight forward personal loan, quick application, and same day payout.

Marvin J
— Darwin —

For a quick financial injection to help you through a hard time, I advise getting a personal loan from BOQ. They are fairly priced and have easy repayment options to suit any wallet.

Vanessa B
— Perth —

I like that I can repay my loan within anywhere from weeks or months from now depending on my circumstances.

Oliver B
— Melbourne —

BOQ Contact

Physical Address

Postal Address

  • Bank of Queensland GPO Box 898, Brisbane, 4001, Australia

Opening Hours

  • Monday 09:30 – 16:00
  • Tuesday 09:30 – 16:00
  • Wednesday 09:30 – 16:00
  • Thursday 09:30 – 16:00
  • Friday 09:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed