Why choose Gateway Bank


  • No monthly fees
  • No fees for additional payments
  • Can apply online


  • Application fee charged
  • Limited branch access
  • Minimum personal loan amount of $3,000

Gateway Bank Personal Loans

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Total repayments

Australian Credit Licence 238293Fees & charges apply



up to 6.76%



Eco Personal Loan
  • 1 to 5 years
  • Unsecured
  • Variable Rate

Australian Credit Licence 238293Fees & charges apply

Australian Credit Licence 238293Fees & charges apply





Personal Loan (Debt Consolidation < 50%)
  • 1 to 7 years
  • Unsecured
  • Variable Rate
  • No ongoing fees

Australian Credit Licence 238293Fees & charges apply

Australian Credit Licence 238293Fees & charges apply



up to 11.63%



Personal Loan Fixed (Debt Consolidation < 50%)
  • 1 to 5 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

Australian Credit Licence 238293Fees & charges apply

Personal Loans calculator

Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios.


Your estimated repayments


based on a $30,000 loan for 5 years at 5.75%

Total loan repayments


Total interest charged


Features of Gateway Bank personal loans

Gateway Bank offers a wide variety of personal loans for a range of reasons, such as debt consolidation, holidays, renovations or special events.

Gateway Bank offers only secured loans, where an asset is put up for collateral.

Personal loan amount

$3,000 - $30,000.

Interest rates

  • Variable or fixed
  • Interest is calculated daily and charged monthly

Personal loan terms

  • Variable-rate loans for up to seven years
  • Fixed-rate loans for up to five years

Repayment options

  • Weekly, fortnightly, monthly
  • Principal and interest (interest-only not available)
  • Unlimited extra repayments without penalty
  • Redraw facility available (conditions apply)


  • Establishment fee charged
  • No monthly fees
  • No exit fees

Gateway Bank customer service

Applications can be made 24/7 online for a personal loan with Gateway Bank. However, to speak to a Gateway Bank employee in person or on the phone, you must make contact during the following times:

  • Phone - 8am-6pm AEST Monday to Friday
  • Branch - 8.30am-4.30pm AEST Monday to Friday

Applicants and members can also seek customer service in the following ways:

  • Email
  • Fax
  • Post

Who is eligible for a Gateway Bank personal loan?

You won’t be able to get a Gateway Bank personal loan if, in the last five years, you’ve declared bankruptcy or insolvency, or defaulted on any other loans, credit cards or store cards.

You don’t have to be a member to submit an application, but you will need to become a member before the loan is funded to you. You will also need to be:

  • 18 years or older
  • An Australian permanent resident or citizen
  • Currently employed and receiving a regular income

How to apply for a Gateway Bank personal loan?

Online applications can be made 24/7 or you can apply in person at the Sydney CBD branch. You will likely need the following information and documents:

  • Your name, address, email address and phone number
  • Your date or birth
  • Proof of ID (driver’s license or passport)
  • Employment details
  • Proof of income
  • Proof of assets and liabilities

Gateway Bank personal loans review

Gateway Bank offers personal loans with a wide variety of features to suit a range of borrowers.

Interest rates vary depending on the type of personal loan a member takes out. Interest rates are generally lower for variable-rate loans than fixed-rate loans. Debt consolidation personal loans where the value is smaller than 50 per cent have lower interest rates than those where the value is higher than 50 per cent.

Overall, the interest rates on personal loans are moderately high compared to other lenders. However unlike many lenders, Gateway Bank doesn’t charge members when they make extra repayments or choose to pay the entire loan off early. There are also no ongoing monthly fees charged on personal loans with Gateway Bank.

Gateway Bank also offer loans to cover funeral expenses as well as car loans that have slightly different features.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.