finder.com.au

Beyond Bank Low Rate Car Loan "Special Offer"

Finder Award
Elizabeth Barry
Elizabeth Barry
Last updated:  

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.

$175

Application Fee

4.69% (fixed)

Interest Rate (p.a.)

5.01%

Comparison Rate (p.a.)

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Details

Product NameBeyond Bank Low Rate Car Loan "Special Offer"
Interest Rate (p.a.)4.69% (fixed)
Comparison Rate (p.a.)5.01%
Interest Rate TypeFixed
Min Loan Amount$25,000

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 4.69% p.a. (comparison rate of 5.01% 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.
  • 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.

Fees and charges

  • Establishment fee. This loan comes with an establishment fee of $175.
  • Security documentation fee. You'll need to pay a security documentation fee of $25.
  • PPSR fee. You'll be charged a fee of $35.

There are no charges for making additional repayments, redrawing on those payments, or paying off your loan early.

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.

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

More info
Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

More info
Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

More info
Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

More info

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

21 Comments

    Default Gravatar
    StubaJay
    March 6, 2017

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

    Reply
      Avatarfinder Customer Care
      Dee
      March 7, 2017

      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

      Reply
    Default Gravatar
    Andrew
    October 26, 2016

    Do you refinance a car loan?

    Reply
      Avatarfinder Customer Care
      Dee
      October 26, 2016

      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

      Reply
      Avatarfinder Customer Care
      Jason
      October 26, 2016

      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

      Reply
    Default Gravatar
    David
    October 23, 2016

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

    Reply
      Avatarfinder Customer Care
      Elizabeth
      October 24, 2016

      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

      Reply
    Default Gravatar
    Ryan
    September 15, 2016

    How to loan a car for Uber business

    Reply
      Avatarfinder Customer Care
      Elizabeth
      September 15, 2016

      Hi Ryan,

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

      Hope this helps,

      Elizabeth

      Reply
    Default Gravatar
    Fiona
    November 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?.

    Reply
      Avatarfinder Customer Care
      Elizabeth
      November 13, 2015

      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

      Reply
    Default Gravatar
    stacey
    November 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?

    Reply
      Avatarfinder Customer Care
      Elizabeth
      November 9, 2015

      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

      Reply
    Default Gravatar
    Jess
    May 25, 2015

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

    Reply
      Avatarfinder Customer Care
      Matt
      May 25, 2015

      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

      Reply
    Default Gravatar
    Andrew
    May 21, 2015

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

    Reply
      Avatarfinder Customer Care
      Elizabeth
      May 25, 2015

      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

      Reply
    Default Gravatar
    wyl
    May 13, 2015

    do u do car refinancing

    Reply
      Avatarfinder Customer Care
      Elizabeth
      May 14, 2015

      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

      Reply
      Default Gravatar
      Vanaan
      June 26, 2018

      Best consolidate loans atm.

      Reply
      Avatarfinder Customer Care
      Jhez
      June 27, 2018

      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

      Reply
Go to site