Gateway Bank Car Loans Comparison & Reviews | finder.com.au
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Gateway Bank Car Loans

Enjoy a competitive car loan from a lender which aims to benefit its members.

Gateway Bank Ltd
Matt Corke
Matt Corke
Updated
Fact checked

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Gateway Bank offers financing solutions that include home loans, car loans, personal loans and funeral loans and others. It also provides various insurance policies including general insurance and life cover. Gateway was started in 1955, and it has grown to be a leading credit union with a membership of more than 40,000.

If you're looking to finance a new or used car purchase you can consider a car loan from Gateway Bank – find out about its offerings on the page below.

Gateway Bank car loans comparison

Data updated regularly
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Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Gateway Bank Car Loan - up to 5 years old
Gateway Bank Car Loan - up to 5 years old
From 5.99% (variable)
6.2%
$3,000
Up to 7 years
$149
$0
You'll receive a variable rate from 5.99%A car loan with no account keeping fee.
Gateway Bank Car Loan - over 5 years old
Gateway Bank Car Loan - over 5 years old
From 9.74% (variable)
9.95%
$3,000
Up to 7 years
$149
$0
You'll receive a variable rate from 9.74%A low interest rate car loan with no account keeping fee.
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Compare up to 4 providers

Data updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Plenti Car Loan
Plenti Car Loan
From 4.89% (fixed)
5.44%
$2,000
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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Loans.com.au - New and Dealer Used Car Loan
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. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
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IMB New Car Loan
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.
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Credit Concierge Car Loan
Credit Concierge Car Loan
From 3.85% (fixed)
4.91%
$10,000
1 to 7 years
$350
$8.50
You'll receive a fixed rate of 3.85% p.a. with a comparison rate of 4.91% p.a.
Get access to over 20 providers to fund a new or used car.

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NRMA New Car Loan
NRMA New Car Loan
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 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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Wisr Secured Car Loan
Wisr Secured Car Loan
From 4.74% (fixed)
5.01%
$5,000
3 to 7 years
$195 (Includes PPSR registration fee)
$0
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

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NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed
From 6.99% (fixed)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% 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.
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OurMoneyMarket Car Loan
OurMoneyMarket Car Loan
From 5.35% (fixed)
5.65%
$2,001
1 to 7 years
$250
$0
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
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CUA Secured Fixed Car Loan
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.
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Latitude Personal Loan (Secured)
Latitude Personal Loan (Secured)
From 5.99% (fixed)
7.26%
$3,000
1 to 7 years
Loans under $5000 - $140
$13
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
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Stratton Finance New Car Loan
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 rate from 4.05% p.a. 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.
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SocietyOne Car Loan
SocietyOne Car Loan
From 6.99% (fixed)
6.99%
$5,000
2 to 5 years
from 0% to 5% of the total loan amount
$0
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
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Driva Car Loan
Driva Car Loan
From 3.95% (fixed)
5.1%
$2,000
1 to 7 years
$295 (Varies by lender, starting from $295)
$10
You'll receive a fixed rate from 3.95% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
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RACV New Car Loans
RACV New Car Loans
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
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.
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NRMA Used Car Loan
NRMA Used Car Loan
From 6.49% (fixed)
7.19%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
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Symple Loans Personal Loan
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 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
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People's Choice CU Discounted Personal Loan (Car Loan)
People's Choice CU Discounted Personal Loan (Car Loan)
From 4.65% (fixed)
4.99%
$20,000
1 to 10 years
$250
$0
Borrow over $20,000 and secure with a new or used car less than 2 years (manufacture year 2018).
Pre-approval, no monthly fees and fixed rate for 5 years.
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Compare up to 4 providers

  • Car Loan – New Car. If you're in the market for a new car or one up to 12 months old you can take advantage of a competitive variable rate of 7.04% p.a. Borrow between $3,000 and $50,000 and have up to 7 years to repay it.
  • Car Loan – Up to 5 years old. Used cars up to five years old can also be used as security and you'll receive a competitive rate of 5.99% p.a. You can borrow a minimum of $3,000 with this loan and enjoy flexible repayment options, including the ability to make unlimited additional repayments. Loan terms are available up to 7 years.

Is your car eligible to be used as security?

  • Car is brand new or up to 12 months old: It is eligible for a car loan with terms up to 7 years and a rate of 7.04% p.a.
  • Car is older than 12 months and less than five years old: It is eligible for a car loan with terms up to 7 years and a variable rate of 5.99% p.a.
  • Car is older than five years: It is eligible for a car loan with terms up to 9.74% p.a. and terms up to 7 years.

How you can apply with Gateway Bank

If you're interested in applying for a car loan with Gateway you can get your application started online. First, make sure you meet all the criteria outlined below:

  • Over the age of 18
  • An Australian citizen or permanent Australian resident
  • Currently employed
  • Receive a regular income
  • Have not declared bankruptcy or insolvency or had defaults on credit accounts in the last five years

If you said "yes" to each of these you can start you application. You'll need all the following details on hand:

  • Income and employment. Gross and net salary information, employment details and any other income you receive.
  • Assets. The approximate values of your properties, vehicle savings and super.
  • Liabilities. Your current loan balances, repayment amounts and credit card and overdraft limits.

Gateway Bank offers a competitive option to help you finance your car, but as there are a range of options available, make sure you compare what's available so you get the right loan for you.

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  • RACV Motorcycle Loan

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  • NRMA Used Car Loan

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  • Gateway Bank Low Rate Essentials Variable Rate Home Loan

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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

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2 Responses

    Default Gravatar
    JosephMay 20, 2015

    Possibility of purchasing a 2013 Peugeot Partner commercial vehicle for $17500 privately. Do you do pre approval for potential clients? Regards Joseph

    Reply
      Avatarfinder Customer Care
      MattMay 21, 2015Staff

      Hi Joseph,

      You’ve come through to finder.com.au an online comparison service, not GatewayCU.

      To discuss pre-approval and any other matters please get in touch with GatewayCU directly.

      Cheers
      Matt

      Reply
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