BSB 805 050

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BSB 805 050

Discounted Personal Loan

A low rate, secured personal loan that can be arranged to help you for almost any purpose

Loan Size

$10,000+

Loan Term

Up to 10 years

Extra Repayments

Yes

Redraw Available

Yes

Anything’s possible with a rate this low.

With no ongoing fees, pre-approval available and flexible terms, our low rate Discounted Personal Loan can help you with whatever you have your heart set on.

Get the best personal loan

Our Discounted Personal Loan is free of ongoing monthly fees, offers flexible loan terms and can be arranged for any purpose; from a car, boat or motorbike loan to a home improvement project or smarter refinance deal.

Get discounted rates for loans starting from $10,000 and a choice of loan terms up to ten years, with a fixed rate for the first five years.2

We’re here to help

As a member owned organisation, our first priority is to help you. We continually focus on providing high levels of personalised service and value for money products – such as our Discounted Personal Loans – there to help you make those life-changing purchases.

We offer:

  • Competitive interest rates
  • Low rate loans from $10,000
  • No monthly account fees
  • Flexible repayment frequency - pay weekly, fortnightly or monthly
  • Fixed rate for first five years
  • Loan terms up to ten years2
  • No penalty for additional repayments or early payout
  • Redraw facility against your extra repayments4
  • Online application
  • Pre-approval valid for 60 days

You can apply for a Discounted Personal Loan online, over the phone by calling 13 11 82 or by visiting your nearest branch.

Secured Personal Loans

Product Name Tier Rate Comparison Rate
Discounted Personal Loan (New cars)1,2 $20,000 - $100,000 5.64% p.a. 5.99% p.a.*
Discounted Personal Loan2 $10,000 - $100,000 7.99% p.a. 8.35% p.a.*

Unsecured Personal Loans

Product Name Tier Rate Comparison Rate
Unsecured Personal Loan $2,000 - $100,000 13.99% p.a. 15.78% p.a.#

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Product Summary

Interest Rate

Comparison Rate

What do I get?

Available Loan Size

Loan Term

Rate Type

Rate Lock Option

Extra Repayments

Redraw Facility

Repayment Frequency

Application Fee

Ongoing Fees

Termination / Early Repayment Fees

Loan Protection

Acceptable Security

Loan Purpose

 

A low rate, secured personal loan that can be arranged to help you for almost any purpose

Interest Rate

7.99% p.a.2

Comparison Rate

8.35% p.a.*

What do I get?

Low flexible discounted rate, no ongoing fees with lower rates available when using a motor vehicle, motor cycle, or caravan as security

Available Loan Size

$10,000+

Loan Term

Up to 10 years

Rate Type

Fixed for the first 5 years, then reverts to standard variable rate(currently 11.55% p.a.)

Rate Lock Option

0.15% fee applies3

Extra Repayments

Redraw Facility

Repayment Frequency

Weekly, Fortnightly or Monthly

Application Fee

$250

Ongoing Fees

Termination / Early Repayment Fees

Loan Protection
Acceptable Security

New Cars, Used Cars, Motorbike or Caravan or Term Deposit/Savings

Loan Purpose

New Cars, Used Cars, Motorbike, Caravan, Travel, Boat, Refinance, Debt Consolidation or any other worthwhile purpose

A personal loan to help you buy a new car at a low rate

Interest Rate

New cars: 5.64% p.a.1

 

Comparison Rate

New cars: 5.99% p.a.*

What do I get?

Low flexible discounted rate, no ongoing fees, available specifically for new car loans using the same motor vehicle as security

Available Loan Size

New cars: $20,000+ Lower loan amounts available, higher rates apply - refer to the Discounted Personal Loan and Secured Personal Loan Products1 

Lower loan amounts available, higher rates apply 

Loan Term

Up to 10 years

Rate Type

Fixed for the first 5 years, then reverts to standard variable rate(currently 11.55% p.a.)

Rate Lock Option

0.15% fee applies3

Extra Repayments

Redraw Facility

Repayment Frequency

Weekly, Fortnightly or Monthly

Application Fee

$250

Ongoing Fees

Termination / Early Repayment Fees

Loan Protection
Acceptable Security

New Cars

Loan Purpose

Purchase a New Car

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A personal loan with a fixed rate for the life of your loan and the flexibility of no required security

Interest Rate

13.99% p.a.

Comparison Rate

15.78% p.a.#

What do I get?

An unsecured flexible loan with no ongoing fees, which is  available for almost any purpose

Available Loan Size

$2,000+

Loan Term

Up to 7 years

Rate Type

Fixed

Rate Lock Option

0.15% fee applies3

Extra Repayments

Redraw Facility

Repayment Frequency

Weekly, Fortnightly or Monthly

Application Fee

$250

Ongoing Fees

Termination / Early Repayment Fees

Loan Protection
Acceptable Security

N/A

Loan Purpose

Any worthwhile loan purpose

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Thank you for your enquiry. Unfortunately we don’t have a branch in this area, so please call us on 13 11 82 to see how we can still help you.

Personal Loan Calculators

Need to organise your finances to prepare for a loan? Take a look at our range of calculators below. Alternatively, get in touch with one of our Financial Planners.

See all financial calculators

How long will it take to pay back my loan?

Calculate how long it will take you to pay off your loan.

Loan term calculator

What will my repayments be?

Enter the loan details on the first page of our Personal Loan application and you can see the repayment amount at the top of the page. 

Repayment calculator

What you need to know

When you apply for a loan, please have this information handy:

  • Income details – pay slips, child support, pensions, overtime, allowances, rental income, commissions etc
  • Expense details – utility bills, rent, board, loan repayments, credit and store cards, maintenance, lease payments etc
  • Asset information – cash savings, value of motor vehicles, shares, bonds, property, furnishings etc
  • Residential and employment details for the last three years
  • Australian driver’s licence number and expiry

Sole loan purpose must be to purchase a new vehicle (year of manufacture from 2017) that has not previously been registered or owned, and the vehicle must secure the loan.
2 Fixed for 5 years then reverts to our standard variable rate (currently 11.55% p.a.) for remaining term.
3 Rate Lock fee is 0.15% of the total loan amount and is valid for 60 days from the date of application.
4 Minimum redraw amount is $250 and redraws are free if performed online or at a cost of $40 for an in-branch Staff Assisted Redraw. Redraws are only available if sufficient extra repayments have been made against the loan account.

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

* Comparison rates are based on a secured loan of $30,000 with monthly repayments over a term of 5 years. 
# Comparison rates are based on an unsecured loan of $10,000 with monthly repayments over a term of 3 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. 

The information above is general advice only and does not take into consideration your personal objectives, financial situation or needs (“your personal circumstances”). Please consider the relevant Disclosure Documents and your personal circumstances before making any decision to purchase the products. Contact us on 13 11 82 with any questions, or visit your nearest branch to talk to a consultant.

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