Line of Credit

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A Line of Credit makes banking easy. It puts all of your funds into one account, which means you can use your savings to pay off your loan sooner.

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Deposit your salary into a Line of Credit account and every dollar that you don't spend works to pay off your loan and reduce the amount of interest you pay.

To apply for a loan or learn more, speak with your nearest Home Loan Adviser, have a chat with us on
13 11 82 or visit any branch.

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Features & benefits:

  • Make your purchases using our Visa Credit card, providing you with up to 62 days interest free. Therefore, this will maximise the time your money is in your Line of Credit account, reducing the amount you pay in interest.1
  • You can set up an automatic payment to pay the balance of your Visa Credit Card each month so you don't pay any interest on your Visa Credit Card.
  • Free transactions every time you use the Visa Debit card linked to your account and press 'credit', or use the rediATM network.
  • If you are purchasing a new home you can have up to 90 days free pre-settlement insurance if you take out home and contents insurance through us.
  • Fast approval to get you into your new home sooner.

Other options:

  • First home buyers can set up a family guarantee if required.2

Current interest rates

Fees and charges

Find a
Home Loan
Adviser
Call
13 11 82  
Visit closest branch Branch locator

Helpful tools and guides:

 

Other loans you may also like to consider:

1 Terms, conditions, fees, charges and lending criteria apply and are available on application. The interest free period applies providing the closing balance on the statement is paid in full by the due date. If repayments are not made in time to quality for the interest free period, our current interest rate will apply. Cash advances attract interest from day of transaction.

2 Loan must be split with a principle and interest loan to qualify for family guarantee.

Terms, conditions, fees, charges and lending criteria apply and are available on application.

You should consider our Product Disclosure Statements and other Disclosure Documents. This information and advice is provided without reference to your personal circumstances so you should consider whether this product fits your objectives financial situation and needs. Contact us on 13 11 82 with any questions, or visit your nearest branch to talk to a consultant.

Insurance issued by CGU:

Insurance products are issued by CGU Insurance Ltd ABN 27 004 478 371 AFSL 238291 (CGU). This information must be read in conjunction with the Product Disclosure Statement (PDS) which sets out the full details of cover plus explanations and any applicable limits and exclusions. The PDS for this product are available from any People's Choice Credit Union branch or CGU. You should consider the PDS in deciding whether to buy or hold the product.

All our insurance issuers pay commission at rates which range from 0% - 30% of the base premium. The commission rate varies depending on the type of insurance.

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Copyright © 2013 People's Choice Credit Union, a trading name of Australian Central Credit Union Ltd
ABN 11 087 651 125    Australian Financial Services Licence (244310) and Australian Credit Licence (244310)    BSB 805-050