Personal Loans
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.
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
Fee
Amount
Establishment Fee
$250
$350
Monthly Fee
$0
Redraw Fee
$0
Security processing fee
$60
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
$0
$15
Other fees and charges may apply.
*This fee does not apply if you are entitled to receive Knowledge Counts banking benefits.
Start your application now
You’ve come to the right place!
Start your application online anytime, anywhere.
FREQUENTLY ASKED QUESTIONS
View all Loans FAQsView all of our current interest rates. Calculate and compare personal loans.
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 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.
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.
RELATED CONTENT
How we
can help
Contact us
You can contact us by calling us, visiting us, making an appointment, or using Secure Mail.
Call us
We’re here to answer any questions you might have – make sure you have your Access Code ready!
Visit us
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
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.
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Conditions, fees and lending criteria apply and are available on request. 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.