Interest rates

Is a QuickDraw® Revolving Credit Personal Loan with NO account fees, right for you?

At Grabaloan we’ve made it simple – we don’t charge any added monthly account fees or redraw or top up fees which means you have clear and easy to understand information about the true cost of your borrowing.

Our QuickDraw Revolving Credit Personal Loan offers a credit limit that you can access at any time online (conditions apply), providing flexibility and convenience when you need additional funds, all without adding another payment to your budget and with No Redraw fee!

DescriptionInterest Rate
Interest Rate
Fixed for initial term of the loan -for either 12 or 18 months.
Default Interest Rate+2.5%
DescriptionEstablishment Fee
Establishment Fee$195
Establishment Disbursements
Charged at cost which may include credit and bank reports, security checks and registration, ID security.
approx $20-$40

Optional Services

Payment Waiver Agreement
What is a Payment Waiver Agreement?
$9.90 per month
QuickDraw Logo
  • NO Monthly Account Fee
  • NO Withdrawal Fee

With a QuickDraw Personal Loan Account, you can withdraw on your account as often as you need to. Conditions apply.

Got questions?

We’ve created a library of all our most commonly asked questions. Head on over and check it out.

Contact us

Our friendly staff are always here to help. Please click the link below to send us an enquiry.

Get started

Click the link below to start your application today with our simple online submission form.

Pay less than $7 per week interest on a loan balance of $1000.
(Current rate 34.95% fixed for 12 months, interest charged on your current loan balance)