New Car Loan
Get a step closer to your dream car with a car loan from BCU Bank. Available for new and used cars with redraw, flexible terms and the ability to pay out early with no additional fees.
- From
- 6.74%
- 7.05% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 6.74% | 7.05% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Statement Retrieval Fee Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement. | Replacement | $2.50 |
| Statement Retrieval > 12 Mths | Event | $2.50 |
| Loan Establishment Fee One off establishment fee. | Upfront | $200.00 |
| Goods Security Administration Fee Charged per vehicle taken as security. | Upfront | $20.00 |
| PPSR Search Fee Payable at cost for obtaining a search on the Personal Property Securities Register. | Upfront | $3.70 |
| PPSR Registration Fee Payable at cost for registering the loan security on the Personal Property Securities Register. | Upfront | $11.40 |
| Late Payment Notification Fee When payment to a personal loan becomes overdue by 11 and 30 days. | Late payment |
Features
- Digital banking
- Keep a close eye on the details that matter. Use internet banking or mobile app to view your loan balance, track your interest rate, and maturity date.
- Extra repayments
- Extra repayments are allowed on personal loans without additional charges or penalties.
- Real-time payments (NPP)
- Transfer or make payments using our mobile app or internet banking. Payments made with PayID or using Osko are received in near real-time.
- Redraw facility
- Fee free redraw is available for this personal loan if you're ahead on your repayments.
Eligibility
- Minimum age — 18 years
- Individuals onlyMember must be a natural person rather than another legal entity.
- Credit eligibilty criteria, terms and conditions, fees and charges apply.
- You must be or become a BCU Bank member
- Residency status — Personal Lending is not available for non-residents.
Constraints
- Maximum limit — $150,000.00Maximum loan amount is $150,000
- Minimum limit — $4,000.00Minimum loan amount is $4,000
More Information
Published by BCU Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 189 · View on CDR.gov.au