ADCU Car Loans

Take advantage of a competitive and flexible car loan from Australian Defence Credit Union.

ADCU Rebranded

ADCU has been rebranded and is now called Australian Military Bank, they offer all the same loan products and services. This page is kept for informational purposes only.

Credit unions are financial institutions run solely to benefit members, with any profits passed on to members in the form of savings and competitive products. The Australian Defence Credit Union (ADCU) started in 1959 and today is one of the longest continuously operating credit unions in the country. ADCU offers two car loan products—both with competitive rates and minimal fees—that are viable options to consider if you are looking for financing options for your next car.

Types of car loans from ADCU

There are two types of car loans offered by ADCU:

  • New Car Loan. The New Car Loan can be used to finance new car purchases between $1,000 and $80,000. The car has to be less than one year old and you can borrow the money for a period of between 1 year(s) and 7 year(s).
  • Used Car Loan.This loan is designed to finance a car that is between one and five years old. You can borrow between $1,000 and $70,000 for a period of up to 7 year(s).

Comparison of ADCU Car Loan

Rates last updated October 18th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Monthly Repayment Product Description
Australian Military Bank Car Loan
From 5.71% (fixed)
6.57%
$1,000
1 to 7 years
$10
$100 to $500
If you are looking for a car that is less than one year old then this loan could suit you.
Australian Military Bank Used Car Loan
Australian Military Bank Used Car Loan
From 6.59% (variable)
7.55%
$1,000
7 years
$10
$150
Fast approval for used cars 1 - 5 years old and no monthly or annual fees.
Australian Military Bank Variable Rate Personal Loan
Australian Military Bank Variable Rate Personal Loan
From 7.88% (variable)
8.72%
$1,000
1 to 7 years
$10
$100 to $500
Offers a competitive variable rate and real flexibility with no monthly/annual fees.
Australian Military Bank Fixed Rate Personal Loan
Australian Military Bank Fixed Rate Personal Loan
From 7.93% (variable)
8.77%
$1,000
1 to 5 years
$10
$100 to $500
If you want the security of knowing what your repayments will be for the term of the loan, then a Fixed Rate Personal Loan could be the right option for you.
Australian Military Bank Debt Consolidation Loan
Australian Military Bank Debt Consolidation Loan
From 14.4% (variable)
14.63%
$1,000
5 years
$0
$150
Get back in control with ADCU's Debt Consolidation Loan and manage all of your existing loan and credit card debts with one easy payment.
Australian Military Bank Equity Car Loan
Australian Military Bank Equity Car Loan
From 6.5% (variable)
7.46%
$1,000
7 years
$10
$150
Fast approval, low interest rate and no monthly or annual fees

Compare up to 4 providers

Rates last updated October 18th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Monthly Repayment Product Description
IMB Secured Personal Loan
From 7.39% (fixed)
7.74%
$2,000
1 to 5 years
$0
$250
All approved applicants can access this competitive rate and use the loan to finance a range of purposes. Loan amounts up to $60,000 available.
bcu Secured Freedom Loan
From 8.94% (variable)
9.85%
$4,000
1 to 5 years
$8
$250
A competitive, secured personal loan that you can use for a variety of purposes.
NRMA Used Car Loan
From 7.99% (fixed)
8.54%
$15,000
1 to 7 years
$0
$380
Purchase a used car with an NRMA with a fixed rate term and no monthly fees. NRMA Members could save 1% on loan rates
AutoCarLoans
From 5.16% (fixed)
6.64%
$15,000
1 to 7 years
$5
$381.80
AutoCarLoans can match you with a lender from its panel with rates starting from 5.16% p.a. Suitable for vehicles up to 2 years old.
Freedom Finance Car Loan
From 5.1% (fixed)
5.94%
$35,000
1 to 5 years
$0
$380
If you meet all the requirements you could get access to a range of lenders to finance a new or used car up to 4 years.
Westpac Car Loan
From 8.49% (fixed)
9.67%
$10,000
1 to 7 years
$12
$250
Apply for a Westpac car loan and enjoy a great interest rate when you purchase a new or used vehicle.
Bank of Melbourne Secured Car Loan
From 8.49% (fixed)
9.6%
$3,000
1 to 5 years
$12
$195
A low rate personal loan from Bank of Melbourne with variable or fixed option.
St.George Secured Personal Loan - Fixed Rate
From 8.49% (fixed)
9.6%
$3,000
1 to 5 years
$12
$195
Get behind the wheel of your perfect car with a competitive interest rate from St.George. Get an application response within 60 seconds.
Latitude Personal Loan (Secured)
From 12.99% (fixed)
14.2%
$3,000
2 to 7 years
$13
$250 (Loans under $4000 - $140)
Can be used for whatever purpose: renovating, buying a car, booking a holiday. Funds can be in your account in as little as 24 hours.
BankSA Fixed Rate Car Loan
From 8.49% (fixed)
9.6%
$3,000
1 to 5 years
$12
$195
Apply for a fixed rate car loan from multi-award winning BankSA.

Compare up to 4 providers

Features and benefits of ADCU car loans

  • No deposit required.If you are taking out the New Car Loan you are able to borrow up to 100% of the purchase price.
  • Low fees. Both car loans from ADCU offer no monthly or annual fees, helping you to save money over the life of your loan.
  • Competitive rate. You can take advantage of a competitive rate with both loan offerings.
  • Secure borrowing. You have the option of taking out Loan Repayment Insurance.
  • Flexible repayments. Both the New and Used Car Loan allow you to make early repayments without penalty and let you choose to make monthly, fortnightly or weekly repayments. Your repayments can also be automatically deducted from your nominated account.
  • Redraw facility. There is a redraw facility available, allowing you to take back any additional repayments you make should you need them.
  • Joint applications. You are able to apply for this car loan using a joint application.

What other products does ADCU offer?

There are various other financial products that are available from ADCU to benefit members. These include:

  • Loan products. These include car loans, personal loans and home and investment loans.
  • Credit cards. ADCU offers a Low Rate Visa Credit Card, a Visa Debit Card and a rediCARD.
  • Savings and transaction accounts. You can choose from transaction accounts, savings accounts including the Recruit Saver Account and the DIY Super Saver, and a term deposit account option.
  • Insurance products. ADCU insurance products include motor vehicle insurance, boat and caravan insurance, loan and mortgage protection, insurance products for your home and barracks, landlords’ insurance and travel insurance.

How to apply for an ADCU car loan

To apply for a car loan from Australian Defence Credit Union, follow the secure link on this page to fill out an online application form. As ADCU is a customer-owned banking association you will need to be a member before you apply and need to provide the following information when applying:

  • Personal details including your name, contact information and proof of ID.
  • Employment details including your employer’s name and contact information.
  • Details of your income and your pay frequency, plus a recent payslip or two years of financial statements if you are self-employed.
  • Information regarding your financial position including your mortgages, vehicles, credit cards, savings and investments, super and any other assets.

If you are looking for to finance a new or used car, you might want to consider the options available from Australian Defence Force Credit Union. Compare your options to see if ADCU has the loan you need.

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Related Posts

IMB New Car Loan

Borrow up to $75,000 for a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.

Westpac Car Loan

Apply for a Westpac car loan and enjoy a great interest rate when you purchase a new or used vehicle.

RACV New Car Loans

Enjoy this fixed rate new car loan offer from RACV. No ongoing fees.

NRMA New Car Loan

Purchase a new car with an NRMA Car Loan with a fixed rate term and no monthly fees. NRMA Members could save 1% on loan rates.

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