Car Loans

Features

  • Free online redraw
  • No penalty for extra repayments
  • No early repayment penalties

 

Special Offer Car Loan

Vehicles up to 5 years old

To be eligible for the Special Offer Car Loan, a salary credit of at least $1,500 per month must be deposited into your QBANK transaction account. Excludes internal refinances.

4.85% pa

Interest Rate

5.48% pa

Comparison Rate*


Car Loan

Vehicles up to 10 years old

6.99% pa

Interest Rate

7.62% pa

Comparison Rate*


 

Information & Fees

Minimum Loan Amount Car loan $1,000
Maximum Loan Amount $100,000
Maximum Loan Term 7 Years
Repayment Frequency Weekly, Fortnightly or Monthly
Monthly Fee $5
Loan Funding Fee $195

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Credit Eligibility criteria, terms and conditions, fees and charges apply.

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. The comparison rate displayed is calculated based on a secured loan amount of $30,000 over a 5 year term.

# This product is issued by QBE Insurance (Australia) Limited (ABN 78 00 3 1 91 035, AFS License 239545). QBANK (under its own AFSL) acts on behalf of QBE when distributing the Motor Insurance policies.​ Please read the PDS available at Motor Insurance Product Disclosure Statement (PDS) before acquiring this product in considering and deciding whether this is right for you.

Footnotes:

  • 1 Valid for new lending approved after 23 August 2021 for cars less than 5 years old and is available for a limited time only. Compulsory security interest over vehicle being purchased. Maximum loan amount must not exceed invoice price. To qualify, the customer must deposit a salary credit of at least $1,500 a month into a QBANK Everyday Plus transaction account. Offer may be withdrawn at any time.
  • 2 Valid for car loan applications of new lending approved after 23 August 2020. Compulsory security interest over vehicle being purchased. Maximum loan amount must not exceed invoice price. Terms and conditions are available on request. Normal transaction and account fees and charges still apply. Normal lending criteria applies.