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$175
Application Fee
4.69% (fixed)
Interest Rate (p.a.)
5.01%
Comparison Rate (p.a.)
$150,000
Max Loan Amount
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Product Name | Beyond Bank Low Rate Car Loan "Special Offer" |
---|---|
Interest Rate (p.a.) | 4.69% (fixed) |
Comparison Rate (p.a.) | 5.01% |
Interest Rate Type | Fixed |
Min Loan Amount | $25,000 |
Max Loan Amount | $150,000 |
Beyond Bank is one of the largest customer-owned banks in Australia. It has more than four billion dollars in assets under management, around 195,000 customers, and 49 branches. Before it started functioning as a bank, it was among the largest credit unions in the country. It operated as Community CPS Australia in South Australia and the ACT, as Companion Credit Union and Wagga Mutual Credit Union in New South Wales, as United Community Credit Union in Western Australia, and as Alliance One in regional northern South Australia.
This institution provides its customers a range of financial services and products, which comprise savings and transaction accounts, credit cards, home loans, personal loans, and car loans.
You can turn to Beyond Bank's Low Rate Car Loan "Special Offer" if you want to buy a new car or a car that is up to two years old. The minimum loan amount is $25,000, and you can borrow up to 100% of the car's value. An innovative offset account, a 'Car Budget Account', is available with this loan to help you reduce the interest you pay.
Before clicking "Go to site", it's important to consider all aspects of this loan. Here are a few features to take note of:
The minimum you can borrow through this secured loan is $10,000 and you can borrow up to 150% of the car's value. You can use this loan to buy a new car or one that is up to six years old. You can also use your existing car as security, and then use proceeds from the loan for just about any worthwhile purpose. Maximum loan term is 7 years.
This loan allows you to borrow between $5,000 and up to 150% of the car's value, for a new car or one that is up to six years old. Maximum loan term is 7 years and environmental discounts are available.
You can borrow as little as $5,000 through this loan, and can repay the loan in up to 7 years. You get to choose between fixed and variable rates and you can also find environmental discounts to help you save.
This option enables businesses to facilitate motor vehicle leases for their employees, where employees remain liable for making lease payments. Employees benefit by making partial payments through pre-taxed income.
As Beyond Bank offers a few secured loans it's important to check your car's eligibility before you apply. Here's a quick guide to whether your car is eligible:
If you're interested in applying for this loan or finding out more about pre-approval, just click "Go to site" to submit your details.
Are you eligible for the loan? Make sure you meet the criteria below:
The application process should only take about 15 minutes to complete. If you're applying with another person (a joint application) it might take about 20 minutes.
You'll need the following details to complete the online application:
Beyond Bank offers a competitive car loan option, but before submitting your application, remember to compare this offering with similar loans to make sure it's right for you.