Thumbnail icon for Bank Australia

Bank Australia Low Emission Vehicle Loan

Interest rate from
5.45% p.a.
Comparison rate from*
5.45% p.a.based on $30,000
over 5 years
Upfront fee
$0

Details

Rates and fees information correct as at 8 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Fixed

  • 5.45% p.a. fixed

  • 5.45% p.a.based on $30,000
    over 5 years

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

Other financial bits
  • $1,000.00

  • none

  • 1 Year

  • 7 Years

  • Vehicle

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • no

  • 5 year maximum loan term for used cars.

  • $150 establishment fee waived. This offer is only available for vehicles that meet Bank Australia’s Low Emission Vehicle (LEV) criteria.

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Customer Reviews

How are Bank Australia personal loans rated by the Mozo community?

Overall customer rating
7.6/10
Price
7.7/10
Features
7.4/10
Customer service
7.5/10
Convenience
7.2/10
Trust
7.9/10
Bank Australia

About Bank Australia

Bank Australia is a customer owned bank. Formerly bankmecu, Bank Australia has over 130,000 customers which act as shareholders of the bank. It offers a full range of products including home loans, savings, credit cards and loan products, and because its shareholders are its customers, they benefit from lower rate and fees. Bank Australia also invests up to 4% of its profits in various community projects every year.

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