Online Personal Loan Package

Variable interest rate

5.25% p.a.

Comparison rate*

5.64% p.a.

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

apply now calculate repayments

what's included.

Looking to buy something new, and want a low rate loan package with all the bells and whistles? Here's why you should choose our Online Personal Loan Package.

100% offset.

It comes with a 100% offset account1, which must be used to make your loan repayments.


Easy access to your cash with our redraw facility.

The choice is yours.

We give you the option to make additional repayments.

Manage it your way.

Track your loan with e-statements, internet banking & our moneytree app.

calculate your repayments.

Enter amount $10k to under $100k to get started

loan amount

loan type



Variable interest rate

5.25% p.a.

Comparison rate*

5.64% p.a.
#Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. Illawarra Credit Union may not provide loans with the details indicated in the calculator. The specific details of your loan will be provided to you in your loan contract. It is advised that you consult your financial adviser before taking out a loan. Fees & charges may apply.

apply for a loan online

are you?

  • At least 18 years old
  • An Australian citizen or permanent resident.

Do you have?

  • About 20 minutes
  • Documents to prove your identity (POI)
  • Your membership number if you already bank with us.

select get started.

After you apply, one of our lenders will be in touch within 1 business day.

get started

Heres the important stuff

Who can apply?

Our Secured Variable Personal Loan is available to any personal borrowers buying a motor vehicle, bike, boat, caravan, or pleasure craft 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.

We also have a range of loan repayment insurance covers available.

Our package inclusions

Online Secured Personal Loan2
It’s a low rate personal loan to achieve your #lifegoals sooner.

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.

Interest & fees

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.

• Loan application fee: $200
• $5 monthly personal loan fee, charged to the personal loan offset account.
• No monthly account keeping fee on your Offset account.

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

To reduce or cancel your credit limit, click here.

Interest rate Comparison rate*
5.25% p.a. 5.64% p.a



important notes

Terms and Conditions apply. See the Online 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.
3. Insurance issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 AFS Licence 239545. Terms, conditions and acceptance criteria apply. Cover limits apply as set out in the policy wording. This information is of a general nature only and does not take into account your personal needs, objectives and financial circumstances and you should consider whether it is appropriate for you. Before making a decision about your insurance needs please refer to the MemberCare Motor Vehicle Product Disclosure Statement Motor and supplementary Product Disclosure Statement, the Pleasurecraft Product Disclosure Statement and supplementary QBE Direct Pleasurecraft Policy, or the Carvan Product Disclosure Statement along with the Supplementary Product Disclosure Statement insurance available from Illawarra Credit Union to decide if a product is right for you.

Illawarra Credit Union will not be held responsible for the information contained within a site accessed via this site. Should you enter another site through such links, the content will not have been produced, checked for accuracy, or reviewed by the Credit Union. Any endorsements or any opinions offered are not necessarily those of the Credit Union.

This information is of a general nature only and does not take into consideration your individual objectives, financial situation or needs. Consider whether the information is suitable for your objectives, financial situation and needs before making any decision about whether to acquire the product.


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