Defence Bank car loan reviews

Difficult to use. Felt like I was pushed into more Money. Difficult to get to a branch.

Price   4 / 10

Features   4 / 10

Customer service   5 / 10

Convenience   3 / 10

Trust   4 / 10

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Excellent all round. Service exceptional and had the cheque for the car very quickly. Only drawback is the branch near me is on a RAAF base, which is OK for me because I have access to the base but may make it difficult for 'normal' people. However, the cash card provided works in all ATM's that I have tried using it on.

Price   10 / 10

Features   7 / 10

Customer service   10 / 10

Convenience   8 / 10

Trust   9 / 10

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Good

Price   8 / 10

Features   8 / 10

Customer service   9 / 10

Convenience   6 / 10

Trust   9 / 10

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I served in the RAAF for over 20 years. As a convenience I was with Defence bank (Formally DEFCREDIT) because they have a branch on every military base in Australia. They have a captive customer base and they abuse it. They are selfish and do not give a stuff about our serving military personnel.

Price   0 / 10

Features   0 / 10

Customer service   0 / 10

Convenience   5 / 10

Trust   0 / 10

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Just got an amazing rate on my car loan. Customer service was brilliant - even dropped me at the train station after approving the loan. Only downside is availability of branches, however make up for it with wide network of ATMs.

Price   10 / 10

Features   9 / 10

Customer service   10 / 10

Convenience   9 / 10

Trust   10 / 10

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They changed the interest rate on me on the day I got my loan.

Price   6 / 10

Features   5 / 10

Customer service   6 / 10

Convenience   4 / 10

Trust   5 / 10

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They are good, I have been with them for a few years now.

Price   5 / 10

Features   4 / 10

Customer service   6 / 10

Convenience   2 / 10

Trust   8 / 10

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These guys have a great car loan - top rate, all the bells and whistles in terms of features (free redraw, no early payout fees, no monthly fees) and the application process was super easy.

Price   10 / 10

Features   10 / 10

Customer service   10 / 10

Convenience   10 / 10

Trust   10 / 10

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They have a very personal touch to each account and you get to speak to an individual person. They follow everything up and acted very promptly. I would highly recommend them even though any physical bank is on base (I am not part of the ADF even though my boyfriend is, but I became a member in my own right with the Bank (I am a lawyer.) They have been wonderful to deal with and competitive and worth it for the personal individual assistance they provide.

Price   9 / 10

Features   10 / 10

Customer service   10 / 10

Convenience   8 / 10

Trust   10 / 10

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The branch people were great. However, the person who manages the loans online has poor customer service skills and took it upon himself to change the date of my repayments without consent, which is not part of the agreement. He was rude to me on more than one occasion. This was only one person, but it changed my whole banking experience. I have stayed with Defence Bank as the interest rates are competitive for loans.

Price   8 / 10

Features   1 / 10

Customer service   6 / 10

Convenience   5 / 10

Trust   5 / 10

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Great value & no penalties for withdrawing or extra deposits

Price   10 / 10

Features   10 / 10

Customer service   9 / 10

Convenience   9 / 10

Trust   10 / 10

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I like this product as they will help you all the way

Price   10 / 10

Features   9 / 10

Customer service   10 / 10

Convenience   10 / 10

Trust   10 / 10

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Loans with defence bank( previously defcredit) are really convenient and easy to set up for defence members. It's great having a bank that's familiar with the system. These guys got mine approved in 2 days. Fast and easy, not exactly best deal out there, but play them off against adcu and you.ll get a better deal! (I had monthly fees and all setup costs waived)

Price   6 / 10

Features   6 / 10

Customer service   4 / 10

Convenience   8 / 10

Trust   7 / 10

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I hold a car loan, a personal loan, two savings accounts, debit and credit cards, all with Defence Bank because they are unfailingly able to meet the unique needs of defence members and their families. The only negatives are the .50 charge for each debit card usage, unless credit option is used, for which there is often a surcharge (although these are quite small). Also, being a Defence bank, branches are only available on base, which is not always convenient. That being said, I have been 100% happy with internet banking, and 110% happy with customer service, including phone banking...especially the ease with which you can talk to an actual person, not just an automated voice! They are always friendly and helpful, both on the phone and in person. Customer service can be the thing customer satisfaction hinges on. Defence services can at times be notoriously slow, but when it comes to their bank, they beat any civilian bank I have ever used, hands-down! I can't wait to take advantage of their home loan rates and DHOAS (Defence Homeowners Assistance Scheme) for first home buyers, hopefully soon!

Price   8 / 10

Features   7 / 10

Customer service   9 / 10

Convenience   7 / 10

Trust   9 / 10

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I just got my 2nd car loan with this bank and they made sure I got the best possible deal. They even found me better car insurance. They have low administration fees and you are able to pay the loan off faster without being penalised. Excellent customer service too!

Price   10 / 10

Features   10 / 10

Customer service   10 / 10

Convenience   7 / 10

Trust   10 / 10

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Defcredit staff are friendly very helpful and provide professional advice on products. The pro is Defcredit wide range of access through ATM network and their customer service in person or by phone. The con with Defcredit is the limitation of branches.

Price   8 / 10

Features   6 / 10

Customer service   10 / 10

Convenience   9 / 10

Trust   10 / 10

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Love this bank car loan. They had the best interest rates. Customer care line is fabulous and are always quick to respond and are always helpful.

Price   7 / 10

Customer service   10 / 10

Convenience   5 / 10

Trust   8 / 10

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I have no debt, am working, own 3 houses value over $1M, $300,000 in super, I'm over 65 and have full tax free access to this money. $20,00 cash in the bank. 6 cars including 2 Mercedes, $300,00:00 minimum in household assets etc, a Boat. Problem got knocked when I applied for a MasterCard. No bad bad records. Excellent credit rating.

Customer service   9 / 10

Convenience   3 / 10

Trust   10 / 10

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The product is good but the bank is only out for itself.

Price   9 / 10

Features   7 / 10

Customer service   1 / 10

Convenience   5 / 10

Trust   1 / 10

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They are very tight with their selection process and don't like handing out money even if you're locked in a contract.

Price   3 / 10

Features   3 / 10

Customer service   1 / 10

Convenience   5 / 10

Trust   6 / 10

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Allows more payments without penalty & allows you to pay the loan off before the end of the loan term without penalty.

Price   9 / 10

Features   8 / 10

Customer service   9 / 10

Convenience   2 / 10

Trust   8 / 10

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