🎂 Turned 31 this year? Get health insurance before your price rises.
Get cover

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 June 18th, 2018
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
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% (fixed)
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 June 18th, 2018
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
Stratton Finance New Car Loan
From 5.29% (fixed)
6.56%
$18,000
1 to 7 years
$8.90
$459.20
Fixed or variable rates starting from 5.29% p.a.
Apply for up to $100,000 and have up to 7 year(s) to repay. You can use cash or trade in a vehicle to use as a deposit.
IMB New Car Loan
5.99% (fixed)
6.34%
$2,000
1 to 7 years
$0
$250
Borrow as little as $2,000 at a competitive fixed rate
Finance a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.
Beyond Bank Low Rate Car Loan
From 5.69% (fixed)
5.97%
$25,000
1 to 7 years
$0
$175
Offset your interest with a Car Budget Account.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
Loans.com.au - New Car Loan
From 5.44% (fixed)
5.99%
$5,000
3 to 5 years
$0
$400
Optional balloon payment available to reduce your repayments.
A competitive rate car loan suitable for a new cor used car.
Bank Australia Car Loan
6.45% (fixed)
6.66%
$1,000
1 to 7 years
$0
$150
Waived establishment fee for safe or green-rated cars.
A competitive rate and the ability to offset your car’s carbon emissions for the loan term.
RACV New Car Loans
From 5.99% (fixed)
6.53%
$15,000
1 to 7 years
$0
$380
Benefit from 5-hour pre-approval.
A competitive rate car loan from RACV with no monthly fees.
MyState Secured Personal Loan
From 7.99% (variable)
8.96%
$10,000
1 to 10 years
$10
$200
Apply for a loan up to $75,000 and benefit from loan terms up to 10 years. Your choice between secured or unsecured.
Heritage Bank Car Loan
From 6.99% (fixed)
7.62%
$5,000
1 to 7 years
$5
$200
Suitable for purchasing new or used cars up to 5 years old.
Apply for up to $100,000 to finance a new or used car at a competitive fixed rate.
IMB Secured Personal Loan
6.89% (fixed)
7.24%
$2,000
1 to 5 years
$0
$250
Secure this loan with a car and use the funds for any purpose.
Competitive 6.89% p.a. rate available to all approved applicants. Loan amounts up to $60,000 available.

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.

Was this content helpful to you? No  Yes

Related Posts

Car Loan Offers

Important Information*
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.

Stratton Finance New Car Loan

Apply for up to $100,000 and have up to 7 year(s) to repay. You can use cash or trade in a vehicle to use as a deposit.

Loans.com.au - New Car Loan

This car loan is for new cars and offers a low fixed rate and no ongoing fees.

Beyond Bank Low Rate Car Loan "Special Offer"

Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Ask an Expert

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 and Conditions and Privacy Policy.
Ask a question
Go to site