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FCCS Car Loans

Take advantage of a competitive variable rate and a car buying service with a car loan from FCCS Credit Union.

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FCCS Credit Union

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  • Ford Co-operative Credit Society Limited (FCCS) Credit Union is now trading as Geelong Bank. All product information below is correct.

Credit unions operate differently from banks—they are run to benefit members rather than stakeholders. This means that any possible profits are passed on directly to members. Started in 1974 by a group of Ford Motor Company employees, FCCS Credit Union soon developed into a financial institution engaged in mutually beneficial, customer-owned banking.

FCCS offers a range of loans options, insurance products and banking accounts that are designed to benefit its members. If you're in the market for a car loan and are looking to take advantage of competitive rates, a free redraw facility and a free car buying service, you might want to consider a car loan from FCCS Credit Union.

How do FCCS Car loans compare?

Data indicated here is updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
FCCS Affinity Car Loan
From 6.95% (variable)
7.22%
$5,000
Up to 7 years
$195
$0
Purchase a new car and be eligible for $50 cash back if you're successful.
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Data indicated here is updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
IMB New Car Loan
4.99% (fixed)
5.34%
$2,000
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPS registration fee)
$0
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 that's up to two years old.
Loans.com.au - New and Dealer Used Car Loan
From 4.67% (fixed)
5.22%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Note: Settle the loan before 30 November 2020 and enter the draw to win a $1,000 fuel voucher. Terms & conditions apply.
Stratton Finance New Car Loan
From 4.05% (fixed)
5.63%
$10,000
3 to 7 years
$700
$8.25
You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
Heritage Bank Car Loan
4.89% (fixed)
5.53%
$5,000
1 to 7 years
$200
$5
You'll receive a fixed rate from 4.89% p.a.
Finance a new or used car up to 5 years old. Large maximum borrowing amount up to $100,000 and terms up to 7 years.
Credit Concierge Car Loan
From 4.45% (fixed)
5.29%
$10,000
1 to 7 years
$350
$5
You'll receive a fixed rate of 4.45% p.a. with a comparison rate of 5.29% p.a.
Get access to over 20 providers to fund a new or used car.

CUA Secured Fixed Car Loan
6.79% (fixed)
7.16%
$5,000
1 to 7 years
$265 ($175 Establishment Fee + $90 Security Administration Fee)
$0
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
NAB Personal Loan Unsecured Fixed
From 9.99% (fixed)
10.88%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
Symple Loans Personal Loan
From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10
You'll receive a personalised interest rate from 5.75% p.a. to 21.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
Driva Car Loan
From 4.34% (fixed)
5.5%
$2,000
1 to 7 years
$295 (Varies by lender, starting from $295)
$10
You'll receive a fixed rate from 4.34% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
Plenti Car Loan
From 4.89% (fixed)
5.44%
$10,000
3 to 7 years
from $249 to $799
$0
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
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Types of car loans offered by FCCS

  • Rewards Car Loan. This loan offers a competitive variable rate with the purchase of a new car. Loan terms are available up to seven years and for amounts above $5,000. There are also insurance protection options available plus a free car buying service to help you find and purchase your new vehicle.
  • Car Loan. The Car Loan allows borrowers to purchase used cars for amounts above $5,000. This loan is offered at a competitive variable rate for up to seven years and there is also a private fleet car buying service available.

Awards

  • First place in Money Magazine's Best of the Best awards for the Superfund Maximiser account in 2009, 2010 and 2011

Features and benefits of FCCS car loans

  • Additional repayments. FCCS allows you to make additional repayments, including lump sum payments, that can help you pay off your loan sooner and save money in interest costs.
  • Redraw facility. If you choose to make additional repayments you have the ability to redraw those payments should you need them. This is a flexible feature that may encourage you to make additional repayments.
  • Loan protection insurance available. This insurance can offer you protection against accidents, illness or involuntary unemployment that may prohibit you from making loan repayments as you had planned.
  • Automatic repayments. FCCS' preferred method of payment is via salary deduction, although the credit union does allow you to make repayments via direct debit from a savings or transaction account.
  • Online application. FCCS lets you apply for its car loans online, with no need to go through a loan interview at a branch. The approval process is relatively quick and simple and can help you get into your car sooner.

What other products does FCCS provide?

  • Loans. As well as car loans, FCCS offers home loans, personal loans, overdrafts and share investment loans.
  • Credit and debit cards. FCCS offers a Redicard that acts as a debit card linked to your transaction account, as well a MyCard Low Rate MasterCard and a MyCard Platinum MasterCard.
  • Insurance. The insurance range includes Home and Contents Insurance, Landlord Insurance, Car Insurance, Boat and Caravan Insurance, Travel Insurance and Loan/Mortgage Protection Insurance.
  • Savings and transaction accounts. You can choose from a range of savings and transaction accounts for people in all financial situations, including kids and seniors. There are also online accounts, term deposits and self-managed super fund (SMSF) savings accounts.

How to apply

You can apply for a car loan online through the FCCS website. You will need to be over the age of 18, have a good credit rating and be a member of FCCS. When you apply, you will need to have the following information handy:

  • A current payslip or letter from your employer outlining your commencement date and salary details
  • Proof of any other income, if applicable
  • If you are self-employed you will need to provide full financial statements and tax assessments for the last two years, and current figures that are no more than three months old
  • Statement for your home loan and any other loans
  • Credit card and store card statements
  • A copy of a recent rental lease or a letter from the owner if you are boarding
  • Information about the car you intend to purchase, including make, model and condition (if it is a pre-owned vehicle)

More guides on Finder

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.

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 4.89% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

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.

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.

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