
Get exclusive money-saving offers and guides
Straight to your inbox
$175
Application Fee
6.39% (fixed)
Interest Rate (p.a.)
6.76%
Comparison Rate (p.a.)
$125,000
Max Loan Amount
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!
Product Name | Beyond Bank Low Rate Car Loan "Special Offer" |
---|---|
Interest Rate (p.a.) | 6.39% |
Comp. Rate (p.a.) | 6.76% |
Interest Rate Type | Fixed |
Min Loan Amount | $5,000 |
Max Loan Amount | $125,000 |
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 $5,000, and you can borrow up to 100% of the car's value.
Before clicking "Go to site", it's important to consider all aspects of this loan. Here are a few features to take note of:
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.
You can borrow as little as $5,000 and repay this loan with a fixed interest rate over a period of up to 7 years.
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.
March 6, 2017
Is there car loans available for myself and my hubby to purchase 2 new cars with 1 joint secured personal loan?
March 7, 2017
Hi Monti,
Thanks for your question.
You can read more details about applying for a joint secured car or personal loan on our website.
Cheers,
Anndy
October 26, 2016
Do you refinance a car loan?
October 26, 2016
Hi Andrew,
Thanks for your question.
Please note that we are Finder, 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 through our page.
Cheers,
Anndy
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
October 23, 2016
is there an age limit on the car you are borrowing against
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
September 15, 2016
How to loan a car for Uber business
September 15, 2016
Hi Ryan,
Please check our Uber car financing guide to find out how to get a car loan for an Uber car.
Hope this helps,
Elizabeth
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?.
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