Green Car Loan Package (Secured)

For new P&I loans $10k to under $100k

3.99% p.a.

Variable interest rate

5.15% p.a.

Comparison rate*

Package features

It’s a low rate personal loan to reward you for making the choice to purchase a lower emissions vehicle. Our Green Car Loan is available to any personal borrowers buying an environmentally friendly car that can be used as security against the loan, that’s no more than two years old (as at the date of application), and who meet the Credit Union’s standard lending criteria.

It’s for loans $10k to $100k.

Green Car Loan2
It’s a low rate personal loan to reward you for making the choice to purchase a lower emissions vehicle.

Offset transaction account1
Will reduce the amount of interest you pay on your loan, so you’ll pay it off sooner.

Online banking
Allows you to bank anywhere, anytime with internet banking and our mobile banking app, moneytree. Plus, you also have online statements.

How to choose the right green vehicle

The Green Vehicle Guide helps you reduce your impact on the environment by providing information on the environmental performance of light vehicles sold in Australia.

Learn more here https://www.greenvehicleguide.gov.au/

Rates and fees

Interest Rates

3.99% p.a.

Variable interest rate

5.15% p.a.

Comparison rate*

Interest is calculated daily on the outstanding balance and charged monthly in arrears on the last day of each month.

Refer to our rates and fees for current interest rates.

Fees

  • No monthly account keeping fee on your Offset account.
  • $12 monthly personal loan fee, charged to the personal loan offset account.
  • $200 loan application fee.

Refer to our Credit Fees and Charges brochure for more information.

It’s easy to apply online

Here’s what you’ll need to apply online

  • Be at least 18 years of age or older
  • Be an Australian citizen, permanent resident, or have a valid visa
  • Receive a regular income
  • Have your membership number if you already bank with us

What you’ll need

  • An email address and contact number
  • Member number (If you’re already a member)
  • Australian driver’s licence, Medicare or passport details
  • Employment and income details
  • Details of your assets, expenses and liabilities

Important notes

*Terms and Conditions apply. See the Green personal loan package conditions of use. *Comparison rate is calculated on a secured loan amount of $30,000 over a term of 5 years. 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. Eligibility criteria, terms & conditions, fees & charges apply. Please refer to the Credit Fees and Charges brochure.

1. An offset account is attached to the loan and used to make loan repayments. Please refer to the Account and Access Facility Conditions of Use and Fees, Charges and Transaction Limits brochure.
2. Credit eligibility criteria, terms and conditions, fees and charges apply.

Apply now.

Already a customer?

Apply in internet banking

New customer?

Apply online