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6.49 % p.a.2
7.24 % p.a.*
New car Loan (up to 5 years old)
Comparison Rate

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Looking to buy a car? Our low rate car loans are a way to get what you want sooner.

We make car buying easier with competitive finance options, free car buying service and car insurance you can rely on.

Car Loans
Product name Interest Rate Comparison Rate
Special Offer

New car Loan (up to 5 years old)

6.49 % p.a.2 Interest Rate

7.24 % p.a.* Comparison rate

Car Loan (up to 10 years old)

8.49 % p.a.^ Interest Rate

9.24 % p.a.* Comparison rate

Features

Free online redraw

No penalty for extra repayments

No early repayment penalty

Discount rate2 for new car loans with salary credit

Optional 20% off a new car insurance policy#

Facts

Product facts
Interest Type
Variable
Loan Purpose
Purchase of a motor vehicle. QBANK will also consider refinancing an existing debt where that debt was for the purpose of purchasing a vehicle which is used to secure the loan.
Borrowers
Individual or joint.
Minimum Loan Amount
$1,000
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
Loan Access
Branch, internet, mobile, telephone and BPAY.
Statement Frequency
Quarterly

Disclaimer information Expand

^ Valid for car loan applications of new lending approved after 22 October 2019.

# The purchase and payment of a new QBE Home, Home Contents, Landlords or a Comprehensive Motor policy entitles the member to receive a 20% discount or $200 off the first years premium, whichever is the lesser.

* 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 loan amount of $25,000 over a 5 year term.

2 Valid for new lending approved after 22 October 2019 for cars less than 5 years old and is available for a limited time only.

Terms and conditions are available on request. Fees and charges are payable. Normal lending criteria applies. Interest rates current as at 22 October 2019 and is subject to change without notice.

Work out your repayments

Other recommended products

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

Ready when you are

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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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