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Personalised rates, fixed from 4.99% p.a. (comparison rate 6.13% p.a.^)

Our fixed rates range from 4.99% p.a. to 12.99% p.a. (comparison rate 6.13% p.a.^ to 14.06% p.a.^
 

Why choose a Car Loan?

Offer your new or existing car as security and borrow up to $80,000 at a lower interest rate

Fixed interest rate
from 4.99% p.a. to 12.99% p.a. (comparison rate 6.13% p.a.^ to 14.06% p.a.^)
$3k–$80k
For you to spend how you like


About our personalised’ rates

The rate for some customers is based on personalised pricing. Instead of a one-size-fits-all approach, personalised pricing allows us to offer more people personal loans at a better rate, based on an assessment of credit history as well as the information provided in the application.
 

Fixed rate

4.99% p.a. to 12.99% p.a.
Interest rate range
6.13% p.a. to 14.06% p.a.
Comparison rate^
1-7 years
Flexible loan term
Set repayments for simpler budgeting

Note: the first interest rate you see in your application may change once we've determined the value of your car. As well as our assessment of your credit history and the information provided in the application, you are more likely to be approved if you’ve been with St.George for six months or more. 


Key fees

$12 Monthly loan account fee
$195 Lending establishment fee (added to your loan amount). Excludes all government charges such as stamp duty, search fees, fees to register security interest with the Personal Property Securities Register
$150  Loan discharge fee if you fully repay the loan within the first 12 months
$100 Loan discharge fees if you fully repay the loan after the first 12 months and before the end of the loan term

Fees are subject to change.

Is your car eligible as security?

The car you offer as security for the loan must be:

Registered in the applicant’s name once purchased.
A four-wheel vehicle that has never been extensively damaged or written off.
12 years old or less at the end of the loan term to qualify for a lower interest rate.
Covered for one year’s full comprehensive car insurance when you access the funds.

You also get...

Preferred repayment frequency
Choose to make weekly, fortnightly or monthly repayments.
Internet banking access
Manage your loan and track repayments online or through your mobile banking app.

The Detail

Before making a decision, please read these documents to ensure you’re aware of all fees, charges and interest rates.
Terms and conditions
General details of our personal loan products
Fees and charges
All costs for specific personal loan services and accounts

Before you apply

Follow this section to improve the likelihood your application is approved. 

  • You’re aged 18 or over
  • You have permanent residency in Australia/NZ  OR;
  • You’re a non-resident or migrant and hold an acceptable Visa (PDF 76KB), with a minimum 1 year before expiry 
  • You have a regular, verifiable Australian taxable income
  • You have a fixed, verifiable residential address in Australia.

How to apply for a loan

1.
Apply online in 10 minutes – 5 minutes for existing customers – depending on your internet connection.
2.
We’ll then review your application and may ask you for more details to verify your income and learn about the car you’re offering as security.
3.
When you’re ready, provide us with information about your car and we’ll review it to make sure the vehicle is suitable for your secured loan.
4.
Once your application has been approved, visit a branch with proof of comprehensive insurance to review and accept the contract. We’ll then credit the funds into your account or give you a cheque payable to the car seller.

Important information

Any advice on this website is general in nature and has been prepared without considering your objectives, financial situation or needs. Please read the product disclaimer and Terms and Conditions (PDF 1MB) documents and consider your individual circumstances before applying for a St.George Personal Loan. Credit criteria, fees, charges, terms and conditions apply. Information correct as of 20 January 2022. Interest rates are subject to change.

^Comparison rates: Comparison rates help you understand the true cost of a loan. All comparison rate examples shown are for a personal loan amount of $30,000 and a term of 5 years. WARNING: Comparison rates apply only to the example or examples given and may not include all fees and charges. Different loan amounts and terms will result in different comparison rates. Costs such as loan discharge fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Secured Personal Loan repayment terms range from 1 to 7 years. Interest rate ranges and representative examples are based on a secured loan of $30,000 borrowed for 5 years:

  • The minimum interest rate for a secured fixed rate loan is 4.99% p.a. (Comparison rate 6.13% p.a.) with the estimated total amount payable including fees is $34,901.
  • The maximum interest rate for a secured fixed rate loan is 12.99% p.a. (Comparison rate 14.06% p.a.) with the estimated total amount payable including fees is $41,932.

^^To qualify for a lower personalised interest rate on a Secured Personal Loan applicant must meet all credit criteria and, the car offered as security must meet all criteria - either be new or if used, cannot be older than 12 years at the end of loan term, registered under the applicant’s name, has been made locally or imported by the manufacturer, has never been written off (even if it was repaired), has a paid, fully comprehensive insurance policy with St.George noted as the financier and is for personal use only.

**Personalised rates: The rate for some customers is based on personalised pricing. Instead of a one-size-fits-all approach, personalised pricing allows us to offer more people personal loans at a better rate, based on an assessment of credit history as well as the information provided in the application.

Unless otherwise specified, the products and services described on this website are available only in Australia from St.George - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.