| Product | Interest rate from | Comparison rate from | Upfront fee |
|---|---|---|---|
| Education Community Fixed Rate Personal Loan (Vehicles 5 to 10 years old, Secured) |
9.99% p.a. |
9.99% p.a.based on $30,000 |
$0.00 |
| Education Community Special Fixed Rate Personal Loan (Vehicles up to 5 years old, Secured) |
7.99% p.a. |
7.99% p.a.based on $30,000 |
$0.00 |
| Education Community Special Online-only Special Fixed Rate Personal Loan |
7.69% p.a. |
7.69% p.a.based on $30,000 |
$0.00 |
| Education Community Variable Rate Personal Loan (Unsecured) |
12.60% p.a. |
12.60% p.a.based on $30,000 |
$0.00 |
| Fixed Rate Personal Loan (Vehicles 5 to 10 years old, Secured) |
10.99% p.a. |
11.35% p.a.based on $30,000 |
$250.00 |
| Online-only Special Fixed Rate Personal Loan (Secured) |
8.69% p.a. |
9.19% p.a.based on $30,000 |
$350.00 |
| Special Fixed Rate Personal Loan (Vehicles up to 5 years old, Secured) |
8.99% p.a. |
9.35% p.a.based on $30,000 |
$250.00 |
| Tesla Powerwall Loan (Fixed, Unsecured) |
7.34% p.a. |
7.69% p.a.based on $30,000 |
$250.00 |
| Tesla Powerwall Loan (Members with a Credit Union SA Home Loan, Fixed, Unsecured) |
5.74% p.a. |
5.74% p.a.based on $30,000 |
$0.00 |
| Variable Rate Personal Loan (Unsecured) |
13.60% p.a. |
13.97% p.a.based on $30,000 |
$250.00 |
Fixed rate car loan:
Are you after a car loan, and want the consistency that comes with having a fixed interest rate? Then check out Credit Union SA’s fixed rate car loan options, with loan amounts ranging from $5k to $100k. Loan terms vary between one and seven years, and the vehicle you secure to the loan can be up to seven years old. Credit Union SA won’t penalise you for repaying the loan before the total amount is due, and extra repayments are fee-free. You’ll also have access to those additional repayments via a free redraw facility. While there are zero monthly fees, keep in mind an initial sign up cost applies when you take out the loan.
Secured personal loan:
If you need a personal loan and have an asset, you can tie it to this Credit Union SA loan as collateral in return for a competitive fixed rate. Just like the Credit Union SA car loan there are several interest rate tiers dependant on the loan amount. Flexible features as the product mentioned above still apply including no early loan repayment penalty costs, and a free redraw facility to dip into any extra repayments you’ve made. A similar sign up fee is involved, but there are no monthly administration costs to consider.
Credit Union SA’s Online-only Special Fixed Rate Personal Loan won both a Best Secured Personal Loan and Best Used Car Loan award for the 2023 Mozo Experts Choice Awards.
Unsecured personal loan:
The Credit Union SA unsecured personal loan is suitable for those wanting a personal loan to finance a dream, but who don’t have an asset to offer as security. Because the interest rate is variable, it can change at any point during the loan term. Benefits of this loan include a free redraw facility, no early loan repayment costs, and zero ongoing fees. You’ll need to pay a one-off fee when you first sign on.
Simply make an online enquiry or call its customer service number listed on site. You can also visit a local branch and apply in person. Make sure you bring all the relevant documents and fit the requirements detailed below for a speedy loan approval turnaround.
To apply for a personal loan with Credit Union SA you will need:
Mozo users have rated Credit Union SA personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Their personal loan rate is alright. Not the worst but not the best
Read full reviewTheir personal loan rate is alright. Not the worst but not the best
LessQuick and quite reliable.
Read full reviewQuick and quite reliable.
I spoke to Credit Union SA about organising a Personal Loan, they discussed my options, and recommended an option which drew on the available equity in my home, to give me the lowest rate possible (5.72% variable), I paid a very low and reasonable set-up fee, then have a set minimum repayment, but can pay more whenever I feel like it, and no penalties for early repayment.
Read full reviewI spoke to Credit Union SA about organising a Personal Loan, they discussed my options, and recommended an option which drew on the available equity in my home, to give me the lowest rate possible (5.72% variable), I paid a very low and reasonable set-up fee, then have a set minimum repayment, but can pay more whenever I feel like it, and no penalties for early repayment.
I really don't have any cons about my bank that I bank with as they've been really good and helpful to me. I applied for a personal loan and they were next to me step by step and they did what ever they could do to help me get the loan I wanted so THANK YOU CREDIT UNION. :D
Read full reviewI really don't have any cons about my bank that I bank with as they've been really good and helpful to me. I applied for a personal loan and they were next to me step by step and they did what ever they could do to help me get the loan I wanted so THANK YOU CREDIT UNION. :D