Credit Union SA’s Car Loan ranks among Australia’s best value personal loans.

Our Special Fixed Rate Car Loan was awarded the 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.

Apply now

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.

Personal Loans interest rates

Product NameInterest RateComparison rate
Online-only special Fixed Rate☉︎§︎#^8.69% p.a.9.19% p.a.
Special Fixed Rate☉︎§︎#8.99% p.a.9.35% p.a.
Fixed Rate☉︎#10.99% p.a.11.35% p.a.
Variable Rate☉︎13.60% p.a.13.97% p.a.

Car and Personal Loans



Establishment Fee

Payable when you apply for a new personal loan or an increase to an existing personal loan.^


Payable when your online-only special fixed rate personal loan is approved and funded.^


Monthly Fee

There are no monthly fees.


Redraw Fee

There are no redraw fees.


Security processing fee

Payable when your loan is to be secured by a motor vehicle


Arrears 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
First Letter


Subsequent letters


Other fees and charges may apply. ^ This fee does not apply if you are entitled to receive Education Community Banking Benefits.

Start your application now

You’ve come to the right place!

Start your application online anytime, anywhere.

Apply online now

Call or visit us

Call us on (08) 8202 7777

Visit us at 400 King William Street, Adelaide

View all Loans FAQs

Visit our Rates or Fees page to find out more.

View all of our current interest rates. Calculate and compare personal loans.

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.

Internet Banking may time out after 10 minutes of inactivity. If this happens, you will need to begin your 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 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.

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.

Calculate now

Flexible banking

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.

Find out more

Digital Wallet

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.

Find out more

The credit union difference

We help South Australians do more with their money. At Credit Union SA, we offer all the same services as a bank but with one very important difference - our highest priorities are our members and our community.

Learn more about us


The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination


Conditions, fees and lending criteria apply. Interest rates are subject to change without notice. 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 and the fixed rate Tesla Powerwall loan are unsecured.


The interest rate is fixed for the life of the loan up to a maximum of 7 years. For the Tesla Powerwall Loan, the rate is fixed for up to 5 years.


For new business only. To qualify for the online-only product, applications must be completed using the online form.