Personal Loans

Get a loan of $500 to $15,000 hassle free with APS Personal Loans. Membership required.

I want to…

Apply for a new personal loan

Top up an existing loan

Calculate interest repayments

Personal Loans holiday

Consolidate debt


Take a holiday


Renovate property


Manage expenses

Our rates for personal loans

To apply for a personal loan, you must be a member of APS Benefits Group 

Long term members


per annum
Members with over 10 years membership

Borrow from $500 to $15,000

No application or exit fees

1-7 year term

Fixed interest rate

Redraw facility

Flexible repayments

Short term members


per annum
Members with less than 10 years membership

Borrow from $500 to $15,000

No application or exit fees

1-7 year term

Fixed interest rate 

Redraw facility

Flexible repayments

Repayment calculator





Getting a loan is easy

Apply online in minutes

You must be over 18 years old, be an Australian resident and, if you’re a new member, suitable identification.

Get approved in 24 hours

We will review your application and notify you by email when your application is successful. You will then have access to APS Online.

Manage your loan online

Use the APS member login to access your loan, make repayments – you can even use it to top up your loan.

APS Benefits member review

Great to deal with. I don’t have the best credit history and Tony was happy to help when banks wouldn’t.


APS Benefits member review
Customer testimonial

Always exceptional customer service. APS make the loan application process so easy and effortless.


APS Benefits members
Customer testimonial

Wonderful compared all the other lenders. They help you when life throws curve balls – tough times.


APS Benefits members

We’re here to help

Write to us


1300 131 809
9:00am to 5:00pm


Send us an email at

Drop in

440 William Street, West Melbourne VIC 3003, Australia 

Tips for managing your personal loan

APS members

Are you eligible for a Personal Loan?

Personal Loans are perfect for those who want to consolidate debt or need help covering unexpected costs

approved for personal loan

How do I apply for a Personal Loan?

You can apply for an APS Personal Loan online in a few quick and easy steps. You are required to become a member of APS Benefits Group

personal loans applying

Your line of credit loan: everything you need to know

Your APS Personal Loan is essentially a line of credit loan – you can redraw up to the approved amount of the loan


Do I need to be a member of APS Benefits?

Yes, you need to be a member of APS Benefits Group. Being a member entitles you to more
than a funeral benefit. You also have access to our wide range of personal and financial services such as Tax & Accounting, Wills & Estates, Financial Planning, APS Savings and
Mortgage Broking.

Are there any application fees or similar charges?

No, there are no application fees involved. The only fee you will incur is if you redraw from your loan. You will then be charged a top up fee (currently $50) and this fee is added to your new loan.

How long will it take to obtain approval of a loan?

Approval may be obtained within one business day.

Can I pay off my loan early?

All APS loans can be paid out whenever you like, without penalty.

I do not have a good credit history and have defaults listed, will I be eligible?

Yes, applications will be assessed on a case by case basis. We do have loans for members
who are credit impaired but charge 13.9% and 14.9% and use the loan funds to pay any unpaid defaults.

What happens if I can no longer afford my loan repayments?

If you can no longer afford your loan repayments, we ask that you contact the APS loans team to arrange an amicable repayment plan. If you are experiencing challenges that affect your ability to repay your loan, we will work with you to make necessary adjustments.

Can I take out a second loan, even if I already have one?

You can have multiple APS Car Loans, Caveat Loans and Home Loans. However, you can only
have one Personal Loan or Special Purpose Loan.

What interest rate will I be charged?

The interest rate is determined by the number of continuous years that you have been a
member of APS Benefits. The current rate is 12.90%, however, if you have been a member for ten or more years, you will be rewarded with a reduced rate of 11.90%.

Will these loans be secured or unsecured?

All loans will be unsecured.

How can I repay this loan?

Loan repayments must be made by either allotment from your salary or direct debit from your bank account. Repayments from a bank account may be made weekly, fortnightly or monthly.

Are there any penalties for early repayments?

No, you can make extra repayments and repay the loan at any time without penalty.

What is the maximum term?

The maximum term for line of credit loans is seven years.

Am I eligible if I am self-employed?

Yes, you are eligible, however, we would generally require that you have been self-employed for at least one financial year and will need to supply an ABN and taxation returns.

My spouse is also a member. Can we each apply for a $15,000 loan?

Yes, you can both apply for a loan as long as it can be demonstrated that you can comfortably
repay both loans.

If I top up my loan, how long until I receive the money?

If the request is received prior to 2pm (AEDST) the money is usua?ly transferred that day. If the request is received after 2pm or on a weekend, it will be transferred the next business day.

What's the minimum personal loan I can get?
The minimum personal loan is $500.


Comparison Rate Warning

Nominal & Comparison rates are identical. Top up fees are excluded from the comparison rate. The Everyday Loans interest rate is for an unsecured loan. The Special Purpose and Vehicle/Vessel Loans interest rates are for a secured loan. See a complete Comparison Rate Schedule. All interest rates subject to approval.

More loans

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Borrow the total for a new or used car

Special Purpose Loan

Special Purpose

Up to $60,000 for larger expenses. Home equity required. 

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Get a loan at a competitive rate even when the banks say no

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