Car loans for the planet conscious

We do car loans by offering lower rates for low emission vehicles including electric vehicles. And you can pay off your loan early at no cost to you.

Compare our rates

New cars

7.95
%
p.a.
Fixed interest rate
Effective 12 March 2024

Snapshot

  • 7 years – Maximum loan term
  • $1,000 – Minimum loan amount
  • $0 – Early repayment fee


Learn more

Used cars

8.95
%
p.a.
Fixed interest rate
Effective 12 March 2024

Snapshot

  • 5 years – Maximum loan term
  • $1,000 – Minimum loan amount
  • $0 – Early repayment fee


Learn more

LEV car loan

6.95
%
p.a.
Fixed interest rate
Effective 12 March 2024

Snapshot

  • 7 years – Maximum loan term for new vehicles
  • 5 years - Maximum loan term for used vehicles
  • $1,000 – Minimum loan amount
  • $0 – Early repayment fee
Learn more

Supporting the transition to electric


We're at a crucial moment for climate – and it's the number one issue our customers care about. As part of our climate action strategy and our ambitious target of reaching net zero emissions by 2035 , we'll cease funding car loans for new fossil fuel cars from 2025.

Learn more about our commitment

Above: The Great Ocean Road, VIC

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In support of people and the planet

Customer owned, you have voting rights

Purpose-driven banking

Renewable electricity
powers all offices and branches

Bank Australia employees based in Australia

Certified carbon neutral bank since 2018

Yes, we did start out as the CSIRO Co-operative Credit Society in 1957

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