Green Car Loan

A lower rate to reward your eco-friendly choice

5.29 % p.a.

Promotional variable interest rate2

5.56 % p.a.

Promotional comparison rate1

5.29 % p.a.

Promotional variable interest rate2

5.56 % p.a.

Promotional comparison rate1

Get rewarded for going eco-friendly

We recognise how important it is to protect our planet and know this is a priority for many customers. That's why we created our Green Car Loan to reward you with a low rate for choosing an eco-friendly, lower emissions car. Electric cars aren't the only cars that can help to make a real difference.

What cars are eligible?

Our Green Car Loan with a discounted interest rate is available to cars with C02 value of 180 g/km or less3. This usually includes new cars, hybrid cars or cars that have lower emissions, with a build date of the current year or previous calendar year.

 
Some examples of popular 'green' cars include3:
Toyota Corolla Mazda 3
Hyundai i30 Mazda CX-5
Most Toyota RAV4s Most Nissan X-trails
Most Volkswagen Golfs Mitsubishi ASX
Kia Cerato Mazda CX-3
Mitsubishi Outlander Most Honda CR-Vs

Why you should choose a Green Car Loan:

  • Help work towards a better future for our environment.

  • Get rewarded with a discounted interest rate.

  • Free Redraw ($500 minimum).

  • Make additional payments at any time6.

  • Loan period options up to 7 years.

  • Flexible repayments and no monthly fees.

Find out how much your loan repayments might be

Rates & fees

  • Rates
    Variable
    Variable
    Interest
    rate (p.a)
    Comparison
    rate (p.a)
    Promotional
    Interest rate (p.a)

    5.29%2

    Comparison rate (p.a)

    5.56%1

    Standard
    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)

    8.57%4

    Fixed
    Fixed
    Promotional interest
    rate (p.a)2
    Promotional comparison
    rate (p.a)1
    Interest
    rate (p.a)
    Comparison
    rate (p.a)4
    1 Year
    Promotional interest rate (p.a)2

    5.29%

    Promotional comparison rate (p.a)1

    7.44%

    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)4

    8.57%

    2 Year
    Promotional interest rate (p.a)2

    5.29%

    Promotional comparison rate (p.a)1

    6.61%

    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)4

    8.57%

    3 Year
    Promotional interest rate (p.a)2

    5.29%

    Promotional comparison rate (p.a)1

    6.02%

    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)4

    8.57%

    4 Year
    Promotional interest rate (p.a)2

    5.29%

    Promotional comparison rate (p.a)1

    5.68%

    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)4

    8.57%

    5 Year
    Promotional interest rate (p.a)2

    5.29%

    Promotional comparison rate (p.a)1

    5.56%

    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)4

    8.57%

  • Fees
    One-off fees
    One-off fees
    Amount
    Application fee
    Amount

    $0

    Establishment fee
    Amount

    $195

    Redraw fee
    Amount

    $0

    Ongoing fees
    Ongoing fees
    Amount
    Annual fee
    Amount

    $0

Things you need to know:

We require a Goods Security Agreement on the motor vehicle for all of our car loans. This means we use your vehicle as security against the loan. Your motor vehicle must also be registered in the name of the primary borrower.

For more details on transaction fees and tips on how to transact fee-free visit our Transaction Fees page or refer to Terms and Conditions Part B - Fees and Charges.

Send us an enquiry

Leave your details below and one of our consultants will be in touch.

Important Information
Car Loan Interest Rates effective 11 May 2022.
Interest is calculated daily. Interest rates are per annum, current at the time of publication and are subject to change without notice.
1. Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions available upon request.
2. Promotional interest rates available for car loan applications received by 30 June 2022 and funded by 31 July 2022. The 3% discount is off the standard car loan rate. We reserve the right to amend or withdraw these offers at any time.
3. As rated by the Australian Government Green Vehicle Guide. Check website for current eligibility
4. Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions available upon request.
5. Only payable if loan is funded.
6. No early repayment penalty is applicable on a variable rate. A break cost fee applies during periods of fixed interest.
7. Comparison rate calculated on an unsecured loan amount of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and conditions available upon request.