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5.99 % p.a.
6.62 % p.a.*
New Car Loan (up to 5 years old)
Comparison Rate

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Looking to buy a car? Why not consider a QBANK car loan.

We want to help you enjoy more of that new car feeling.

Car Loans
Product name Interest Rate Comparison Rate
Special Offer

New Car Loan (up to 5 years old)

5.99 % p.a. Interest Rate

6.62 % p.a.* Comparison rate

Car Loan (up to 10 years old)

7.99 % p.a. Interest Rate

8.61 % p.a.* Comparison rate

Features

Free online redraw

No penalty for extra repayments

No early repayment penalty

Discount Rate for new car loans with a salary credit

20% off a new car insurance policy#

To be eligible for the Special Offer Discount Rate, a salary credit of ​at least $1,500 per month must be deposited into your QBANK transaction account. Offer for new lending only. 

Facts

Product facts
Interest Type
Variable
Loan Purpose
Purchase of a motor vehicle.
Borrowers
Individual or joint.
Minimum Loan Amount
Car Loan $1,000 - New Car Loan $5,000
Maximum Loan Amount
$100,000
Maximum Loan Term
7 years
Interest Only Available
No
Security
Registered over the vehicle.
Repayment Frequency
Weekly, fortnightly or monthly.
Additional Repayments
Yes
Repayment Redraw
Yes
Monthly Fee
$5
Loan Funding Fee
$195
Loan Access
Branch, internet, mobile, telephone and BPAY.
Statement Frequency
Quarterly

Disclaimer information Expand

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

# Take out your (comprehensive car insurance) policy through us and get 20% off your first year’s premium (capped at $200). QPCU Limited (ABN 79 087 651 036, AFSL 241 413) t/a QBANK (QBANK) acts under its own AFSL when distributing the Motor Insurance which is issued by QBE Insurance (Australia) Limited (ABN 78 00 3 1 91 035, AFS License 239545) (QBE). QBANK acts on behalf of QBE when distributing the Motor Insurance and not on your behalf. Any advice provided is general only and has been prepared without taking into account your objectives, financial situation or needs and may not be right for you. To decide if this product is right for you, please read the Motor Insurance Product Disclosure Statement (PDS) and Financial Services Guide (FSG).

* 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.

Work out your repayments

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Car Insurance

Having a car provides us with convenience and freedom. So knowing your insurer will be there when you need it most,
is important.

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Car buying service

If you're in the process of purchasing a new or used car, we offer a free car buying service to our members through our preferred car buyers from Qld Car Buying.

Find out more

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Apply for a personal loan online any time.

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Speak to a friendly Banking Specialist.

13 77 28

8:45am to 4:30pm Mon-Fri

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