Tesla Powerwall Loan
For the purchase and installation of a Tesla Powerwall and upgrading or installing associated solar panels
Interest Rate^
5.74 % p.a.
Comparison Rate^
5.74 % p.a.
Application fee *
$250
Monthly loan service fee
$0
Enjoy a special low fixed rate personal loan with no monthly loan service fee or early repayment fee.
And as a bonus, if you have your home loan with Credit Union SA or take out a home loan with us, you’ll get a special fixed rate on your Tesla Powerwall Loan.
No early repayment fee
The ability to make extra repayments or pay off your loan sooner with no fee
$0 monthly loan service fee
No monthly service fee
$0 establishment fee*
*if you have a home loan package or are part of the community banking program or South Australian education community.
Repayments that suit you
The flexibility to make weekly, fortnightly or monthly repayments
Tesla Powerwall Loan
| Product Name | Interest Rate | Comparison rate |
|---|---|---|
| Credit Union SA home loan holders | 5.74% p.a. | 5.74% p.a. |
| Non-Credit Union SA home loan holders | 7.34% p.a. | 7.69% p.a. |
Establishment fees
Fee
Amount
Credit Union SA Home Loan holders
Home loan package holders
$0
$250
Non-Credit Union SA Home Loan holders
$250
KEY BENEFITS
Tesla Powerwall Loan
Keep appliances running with little interruption
Tesla Powerwall Loan
Store energy, power your home, 24/7 protection
Fill out your details and one of our experienced lenders will contact you at your preferred time to go through your application. It’s that easy!
A resource hub for solar panels, batteries and power
Credit Union SA is South Australia's third largest credit union, with $1.7 billion in assets and over 54,000 members.
Credit Union SA was formed on 1 October 2009 by a merger between former South Australian credit unions Satisfac and Powerstate, which had their origins in the education and industrial sectors respectively. Both organisations were renowned for their local knowledge
As a customer owned banking organisation, we are not driven by the need to return dividends to shareholders in the manner of the major banks. As a result, we're able to channel the profits we generate back to our membership and broader community.
This is achieved in the form of innovative new products and services, competitive fees and interest rates, high levels of personal service, community development initiatives and project funding.
A credit union is a member-owned financial organisation. Credit unions are created and operated for the benefit of their members and wider community.
I have a Credit Union SA home loan
You may be eligible for the lower rate if you hold a home loan with Credit Union SA. Standard lending eligibility and criteria applies.
If you’re in the process of applying for a home loan with Credit Union SA, you are also eligible for the special rate, provided the Tesla Powerwall Loan settles after your eligible home loan does.
I don't currently have a Credit Union SA home loan
You can still apply for our Tesla Powerwall Loan if you don't have a Credit Union SA home loan but you will not be eligible for our special rate. A higher, but still competitive, rate will apply.
Standard lending eligibility and criteria applies.
How to apply
Fill out your details and one of our experienced lenders will contact you at your preferred time to go through your application. It’s that easy!
GUIDES AND NEWS
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
^Conditions, fees and lending criteria apply. Interest rates are subject to change without notice. Minimum loan amount of $5,000 up to a maximum of $30,000 and the interest rate is fixed for the life of the loan up to a maximum of 5 years.
Comparison rates are based on a $30,000 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 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