Affinity Car Loan

Car Loan Special Offer

Awarded winner InfoChoice Banking Awards 2021 Best of the Best Car Loan - New Variable Rate

Sort your car loan before you head off to the car yard to buy your new car, with Geelong Bank’s Special Interest Rate of 4.95% p.a.* – Comparison Rate 4.98%p.a.

For a short time, we will waive the $195 application fee, saving you even more. 

At Geelong Bank you receive these benefits:

  • Minimum loan amount $5,000
  • Up to 7 years loan term
  • Monthly, fortnightly, weekly or variable lump sum repayments
  • Free redraw with internet access
  • No monthly fee
  • No minimum deposit required
  • No penalty for extra payments or early payout

This loan is perfect if you are looking to buy a new car or a car that is still under the manufacturer’s warranty. 

  • Low interest rates
  • Free online redraw

Interest rates from:

4.95% p.a.

4.98% p.a.*

+ No application fee

Find out more about our other rates.

Apply now call 1300 361 555

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

*Terms & Conditions:

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

2 Promotional interest rate available for car loan applications received from 1 June 2021 and funded by 30 December 2021.  The 2% discount is off the standard Affinity Car Loan rate.  Geelong Bank reserves the right to withdraw this promotional rate at any time.

3 Loans subject to normal lending criteria and approval and must have manufacturer’s warranty.

Product Features:

Car Loan Features
Minimum Amount : $5,000
Establishment Fee : $0
Maximum Term : Up to 7 years
Redraw Facility : Yes
Redraw Fee : $0
Repayment Frequency : Monthly, fortnightly, weekly
Additional Repayments Accepted : Yes
Additional Repayments Fee : $0

How much can I borrow?

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Footnotes:

  • 1 You must be at least one months repayment in advance plus $100 to obtain a redraw.