Academy Banking Student Personal Loan

All applications are subject to Police Bank’s lending criteria and credit assessment. The interest rates are correct at 05/12/2025 and are subject to change. We may vary the rates at any time without prior notice to you. For the student credit card, see Visa Credit Card Conditions of Use. Eligibility: you must be a current student in Session 2 of the NSW Police Academy or a current student of the Tasmanian Police Academy, or have graduated within the last 6 months and be 18 years and over to qualify for the Student Personal Loan and Student Credit Card offers.

For the Student Credit Card

0% interest and no repayments for the first 3 months from approval. After this period, a 9-month introductory rate will be applied, following which standard interest rate and repayment obligations will apply.

For the Student Personal Loan

Following the 3-month period of 0% interest and no repayments, standard interest rates and repayment obligations will apply and principal and interest repayments will be proportioned over the remainder of the loan term.

*The comparison rate is based on a loan of $30,000 over a 5-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. For full details, please contact a Police Bank representative.

U30 SUPER CHARGE recognised in Mozo Experts Choice Awards 2025 – more information on the awards research methodology at mozo.com.au

The interest rate is correct at 08/01/2026 and is subject to change. We may vary the rates at any time without prior notice to you. 

The Interest is calculated daily and credited monthly. Interest payable is capped to a maximum deposit amount of $10,000 per account. Any amounts over $10,000 will not receive any interest. The following fees are waived for the U30 SUPER CHARGE account:

• Eftpos Transaction
• Periodical Payments staff assisted fees
• Cash withdrawal fee
• Overdrawn or dishonour fees
• Replacement Card Fee
• Additional Statement Fee
• Overseas replacement Card fee
• Bank@Post Fee

If you see a fee charged to your account excluding foreign conversion fees, please get in touch with us to review the fee and seek reimbursement. This account is only available to members 18 – 29 Years old who credit their whole salary to Police Bank. Once you are no longer eligible all credits, debits, and balances set up on this account and sub accounts will be transferred to the Easy Access (S1) account, unless other instructions have been provided by you the account holder.

MoneyCraft Academy is an educational portal developed in partnership between Police Bank and Money101 to help members build financial capability. Content is provided for general information and education purposes only; it is not tailored to your personal circumstances.