Green Car Loan

If you’re ready to switch to a hybrid or electric vehicle, our Green Car Loan offers a low interest rate and flexible terms, helping you take the next step toward a more sustainable lifestyle.

No ongoing fees
Waived establishment fee
Free redraw available²
Unlimited extra repayments

Hybrid and Electric Vehicles (EV)
up to 5 years old

5.99 % p.a. Interest rate 5.99 % p.a. Comparison rate

What can I use a Green Car Loan for?

Hybrid and Electric Vehicles (EV) up to 5 years old, emitting less than 120g of CO2 per kilometre (Combined) as per the Green Vehicle Guide.

EV Home charging station (in conjunction with vehicle purchase, and installed by an accredited technician).

As part of the application process, you will be asked to provide reasonable evidence (including a tax invoice) to show that the loan will be used to purchase or refinance an eligible green vehicle. The documentation can vary depending on where and how you purchase your green vehicle. We'll help you with this step and supply the relevant information during the approval process.

If you want to purchase a vehicle that is not eligible for our Green Car Loan, we are ready to help you with our range of other personal and car loans.

Interest Rates
Product Features

	Interest rate	Comparison rate
Green Car Loan	5.99% p.a.	5.99% p.a.

Product Features:

Car Loan Features
Interest Type :	Fixed
Security :	Secured (eligible vehicles up to 5 years old)
Minimum loan amount :	$1,000
Maximum loan amount :	$150,000
Maximum loan term :	7 years
Interest charges :	Calculated daily, charged monthly
Repayment type :	Principal & Interest
Repayment frequency :	Weekly, fortnightly or monthly
Establishment fee :	Waived
Monthly loan fee :	$0
Early termination fee :	$0
Extra repayments :	Unlimited
Increase/top up :	Yes
Interest Offset :	No
Pre-approval :	Yes
Redraw :	Yes
Statements & Frequency :	e-Statements only, quarterly

Car loan calculators

Use our car loan calculators to understand your borrowing power and what your monthly repayment commitments may be.

View all calculators

Car Loan
Calculator

Additional Information

We're ready to help you

Launch of green products to support members and the environment

International Day of Older Persons

Eligibility criteria, terms & conditions and fees & charges apply.

Footnotes:

¹ Comparison rate based on secured $30,000 loan over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
² Minimum redraw amount of $100 applies.

Hybrid and Electric Vehicles (EV) up to 5 years old