Beyond Bank Low Rate Car Loan “Special Offer”

A flexible car loan that makes the road to getting your new car smoother.

The Beyond Bank Low Rate Car Loan has a number of features to help you manage your repayments. You'll receive a competitive rate, loan terms up to 7 years, as well as repayment options including a redraw facility and offset account.

You can also get pre-approved for a loan if you're still looking for a car.

Product NameBeyond Bank Low Rate Car Loan "Special Offer"
Interest Rate (p.a.)From 5.69% (fixed)
Comparison Rate (p.a.)5.97%
Interest Rate TypeFixed
Min Loan Amount$25,000
Loan SecuritySecured

Pros

  • Low fixed interest rate
  • No early repayment fees
  • Flexible loan terms up to 7 years

Cons

  • $175 establishment fee
  • Minimum loan amount of $25000
  • Only for new cars or cars less than two years old

Features of the Beyond Bank Low Rate Car Loan

Before clicking "Go to site", it's important to consider all aspects of this loan. Here are a few features to take note of:

  • Competitive rate. You'll get a competitive rate of 5.69% p.a.
  • No early repayment fees. If you're able to pay back your loan early, you'll be able to do so without incurring any early repayment fees.
  • Car Budget Account. You can use an offset account to help reduce the amount of interest you pay on your loan.
  • Pre-approvals. You can be approved for a loan before you've found the car you want to buy.
  • Redraw. You can make additional repayments and redraw on those repayments without penalty.
  • Loan terms. Take on this car loan and repay it over a period of up to 7 years.
  • Establishment fee. This loan comes with an establishment fee of $175.
  • Car eligibility. You can borrow a minimum of $25,000. The car you're looking to finance also needs to be new or less than two years old.

How you can apply for the Beyond Bank Low Rate Car Loan

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:

  • You're over the age of 18
  • You are an Australian citizen or permanent resident
  • Your credit history is in good standing and you agree to a credit check
  • You have a regular net income of over $2,000 per month

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:

  • Details of where you work, including the address
  • If you've been employed less than a year, your previous employment details
  • Your address and previous address if you've been there less than 12 months
  • Details regarding your income
  • Your financial details, including assets and liabilities
  • Your driver's licence number

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.

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Car Loan Offers

Important Information*
Latitude New and Used Car Loan

You'll receive a fixed rate between 6.99% p.a. and 14.99% p.a. based on your risk profile
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 5.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

RACV New Car Loans

You'll receive a fixed rate of 5.99% p.a.
A larger loan of $15,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees. Note: Product only available to residents of Victoria.

Stratton Finance New Car Loan

You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $100,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.

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21 Responses

  1. Default Gravatar
    StubaJayMarch 6, 2017

    Is there car loans available for myself and my hubby to purchase 2 new cars with 1 joint secured personal loan?

    • finder Customer Care
      LouMarch 7, 2017Staff

      Hi Monti,

      Thanks for your question.

      If you are looking to apply for a joint secured car or personal loan, you can compare your options on this page.

      Cheers,
      Anndy

  2. Default Gravatar
    AndrewOctober 26, 2016

    Do you refinance a car loan?

    • finder Customer Care
      LouOctober 26, 2016Staff

      Hi Andrew,

      Thanks for your question.

      Please note that we are finder.com.au, a financial comparison and information website, not Beyond Bank.

      Yes, Beyond Bank Low Rate Car Loan is available for refinancing purposes. You can also compare other car refinancing loans here.

      Cheers,
      Anndy

    • finder Customer Care
      JasonOctober 26, 2016Staff

      Hi Andrew.

      Thanks for your inquiry.

      You have come through to finder.com.au, we are a financial comparison and general information service and not Beyond Bank. There is an option that you can select to indicate that you’re using this loan to pay off a current debt when you fill out your online application. As long as the car you’re refinancing fits the eligibility criteria, you can apply for this loan.

      Cheers,
      Jason

  3. Default Gravatar
    DavidOctober 23, 2016

    is there an age limit on the car you are borrowing against

    • finder Customer Care
      ElizabethOctober 24, 2016Staff

      Hi David,

      There is no specific age limit but the age of your car can affect the rate you’re offered. Cars over 6 years old may get you a different rate.

      Hope this helps,

      Elizabeth

  4. Default Gravatar
    RyanSeptember 15, 2016

    How to loan a car for Uber business

    • finder Customer Care
      ElizabethSeptember 15, 2016Staff

      Hi Ryan,

      You can find out how to get a car loan for an Uber car on this page.

      Hope this helps,

      Elizabeth

  5. Default Gravatar
    FionaNovember 12, 2015

    My daughter who is employed full time in a professional job with a university degree and no other debits is looking at borrowing $25,000 for a new $43000 car over 7 years but planning to pay back early.She has other assets of Approx $35,000 and one credit union knocked her back as she rents a house with 2 others. They all pay $190 a week and are all listed on the lease. If one leaves they have a sublet clause so they can get someone else into a room but the credit union accessed her as having to pay $570 a week rent and would not accept her rent as $190 – how would beyond bank access her?.

    • finder Customer Care
      ElizabethNovember 13, 2015Staff

      Hi Fiona,

      Thanks for your question.

      We can’t really comment on Beyond Bank’s application process – each lender assesses applications differently. Usually, when applying for a personal loan, you will need to list your current expenses, assets and other details relating to your financial situation including any debts and income. In saying that, unless you are applying with your own bank (and they can see your outgoings) they can’t verify the information unless you can provide documentation showing you only pay $190 each week.

      It would be best to get in touch with Beyond Bank and discuss her eligibility and application, but if she meets the minimum criteria for this loan (age, income, employment) she can consider applying.

      Thanks,

      Elizabeth

  6. Default Gravatar
    staceyNovember 9, 2015

    Hi
    I am self employed and have been since April 2015. Is it possible to apply for a loan or do I have to wait until I have been in the business for 12months?
    If I can apply what would you need for evidence of income?

    • finder Customer Care
      ElizabethNovember 9, 2015Staff

      Hi Stacey,

      Thanks for your question.

      Beyond Bank will ask for your previous employment details as you have not been in business for more than a year. In saying that, as long as you meet the minimum criteria, as listed on the page above, you are able to apply. If you have questions regarding your eligibility, you may want to get in contact with Beyond Bank directly.

      Thanks,

      Elizabeth

  7. Default Gravatar
    JessMay 25, 2015

    Do you offer the same interest rates if you consolidate car loans?

    • finder Customer Care
      MattMay 25, 2015Staff

      Hi Jess,

      Thanks for your comment. You’ve left your comment on finder.com.au – To find out more about rates offered you’ll need to click the “go to site” button and get in touch directly with Beyond Bank

      Cheers
      Matt

  8. Default Gravatar
    AndrewMay 21, 2015

    The car loan does not mention caravans. Can the loan be used to fund the purchase of a caravan?

    • finder Customer Care
      ElizabethMay 25, 2015Staff

      Hi Andrew,

      Thanks for your question.

      This loan isn’t suitable for financing a caravan, but you can consider Beyond Bank’s Flexi Loan for this purpose. You can also compare your other loan options on this page.

      I hope this has helped.

      Thanks,

      Elizabeth

  9. Default Gravatar
    May 13, 2015

    do u do car refinancing

    • finder Customer Care
      ElizabethMay 14, 2015Staff

      Hi Wyl,

      Thanks for your question.

      Just to clarify you’ve come through to finder.com.au, a comparison service and not Beyond bank. When you fill out your online application there is an option to select that you’re using this loan to pay off a current debt. As long as the car you’re refinancing fits the eligibility criteria, you can apply for this loan.

      I hope this has helped.

      Thanks,

      Elizabeth

    • Default Gravatar
      VanaanJune 26, 2018

      Best consolidate loans atm.

    • finder Customer Care
      JhezelynJune 27, 2018Staff

      Hello Vanaan,

      Thank you for your comment.

      I am unsure if you want to consolidate credit card loans or personal loans. However, you may refer to this page for a guide to getting a debt consolidation. I hope this helps.

      Regards,
      Jhezelyn

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