As of 18 September 2026, the BCU New Car Loan has a comparison rate of 7.05% (from 6.74% advertised), ranking 35th of 212 unsecured loans tracked by BankMate and sitting 10.08 points below the unsecured market average of 17.13%. It is an unsecured variable-rate loan for car loan with fees of $200 application. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.
7.05%comparison rate p.a.
from 6.74% advertised · Unsecured · variable · car loan
Fees: $200 application.
Rate over time
Comparison rate · lenders publish the lowest rate in their range- New Car Loan
- RBA cash rate
- Unsecured average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates
- Advertised rate
- from 6.74% p.a.
- Comparison rate
- 7.05% p.a.
- Rate type
- Variable
Fees
- Application fee
- $200
- Monthly fee
- None
- Annual fee
- None
- Early repayment fee
- None
- Late payment fee
- $5
Loan terms
- Loan amount
- $4,000 – $150,000
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- Yes
- Flexible repayment frequency
- No
Eligibility
- Minimum age
- 18
About this product
Get a step closer to your dream car with a car loan from BCU Bank. Available for new and used cars with redraw, flexible terms and the ability to pay out early with no additional fees.