Credit Union SA’s Car Loan ranks among Australia’s best value personal loans.
Our Special Fixed Rate Car Loan has been awarded a 5-Star Rating for Outstanding Value by Canstar, and has also won Mozo Experts Choice Award for the fourth year in a row.
Choose from a fixed rate or variable
Both types of rates provide a choice of flexible loan terms and repayment options, have no monthly loan or account keeping fees, and no penalties for early repayment. But there are some factors that might sway you towards one or the other.
If you have a vehicle to use as security, a fixed rate personal loan provides budgeting certainty for a full seven years. So, it’s a great choice if you’re looking for budgeting certainty.
Alternatively, a variable rate may be a better choice if you don’t want to lock in your interest rate or don’t have a vehicle to use as security.
Multiple repayment options
Weekly, fortnightly or monthly.
Unlimited extra repayments
At no cost!
Redraw your extra repayments
Again, at no cost.
Penalty-free early payout
We’ll shake your hand, not your wallet.
Car and Personal Loans
Security processing fee
Payable whenever we send you a letter because you do not make a repayment in full on or before the date it is due and the default continues for three days or more.
- Letter 1 – arrears 3 to 10 days
- Letter 2 – arrears 11 to 18 days
- Letter 3 – arrears 19 to 26 days
- Letter 4 – arrears 27 days or more
How much can I borrow?
In order to work out how much you can borrow, it depends on a number of variables including your income and your savings. Use our calculators to get an idea of how much you might be able to borrow.
Mobile Banking App
Available for both Apple and Android smart devices, the Credit Union SA Mobile Banking App allows you to utilise all the best functionality of our website and Internet Banking services – anytime and anywhere you have an internet connection.
Digital wallets can be used to pay for purchases via a Credit Union SA Visa Debit Card or Visa Credit Card loaded into your smart device, wherever mobile payment systems are offered.
FREQUENTLY ASKED QUESTIONSView all Loans FAQs
Once you have accepted the loan documents we will be notified to finalise your loan and we’ll be in touch as soon as it’s been completed.
Keep in mind, Internet Banking may time out after 10 minutes of inactivity. If this happens, you will need to begin your Personal Loan application acceptance again. But please don’t rush through this step. It’s important to read your loan documents carefully before you accept them. If you have any questions about your loan documents you can call us on (08) 8202 7777 or send a Secure Mail in Internet Banking.
You would have discussed fees and charges when originally applying for your loan. Generally, we add your fees and charges to the loan amount, including an establishment fee and security fee when applicable. This way you won’t have any immediate ‘out of pocket’ expenses. If you have any questions about your fees, please call us on (08) 8202 7777 or send a Secure Mail in Internet Banking.
Your Personal Loan has a redraw facility that you can access provided you are far enough ahead on your repayments. To activate this feature all borrowers need to select ‘Yes’ to the loan redraw question within Loan Setup. Should you have more questions about this, please feel free to us on (08) 8202 7777 or send a Secure Mail in Internet Banking.
You can contact us by calling us, visiting us, making an appointment, or using Secure Mail.
We’re here to answer any questions you might have – make sure you have your Access Code ready!
400 King William Street, Adelaide has self-service options available to make your life easier.
Mobile Lending Managers
Our Mobile Lending Managers can help our members by phone or email, with video calls now available.
INFORMATION YOU SHOULD KNOW
☉︎Conditions, fees and lending criteria apply. Interest rates are subject to change without notice. Minimum loan amount of $5,000. Comparison rates are based on a $30,000 secured loan over 5 years. WARNING: Comparison rates are 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.
§︎The special fixed rate personal loan and the online-only special fixed rate personal loan are available when secured by a new or used vehicle less than 5 years old. The fixed rate personal loan is available when secured by a vehicle between 5 and 10 years of age. The variable rate personal loan is unsecured.
#The interest rate is fixed for the life of the loan up to a maximum of 7 years.
^For new business only. To qualify for the online-only product, applications must be completed using the online form.