Effective as at 25th June 2025- For more information, visit our Lending section

Important Notice: The information provided on this web page about interest rates applicable to our loan products is indicative only (for new business). The actual interest rate applying to a loan will be disclosed in the "Loan Offer Document". The information on this web page is subject to that offer document.

The current interest rate applying to an existing loan is available from any Branch of the Credit Union on request.

Loan Interest Rates

Loan Type Per Annum % Variable Comparison Rate
Special 2 year Fixed Rate Smart Home Loan   (from 1 March 2025) 4.99e 5.70 (For a typical loan of $150,000 over 25 years)
Special 2 year Fixed Rate Smart Investment Home Loan (from 1 March 2025) 4.99e 5.70 (For a typical loan of $150,000 over 25 years)
Premium Smart Home Loan         (Minimum $150,000 new money)                                                                                                       5.79 5.83 (For a typical loan of $150,000 over 25 years)
Minimiser Home Loan       (Minimum $100,000)                                                                                                   6.49 6.56 (For a typical loan of $150,000 over 25 years)
Smart Home Loan                    (Minimum $10,000)                                                                                            7.00 7.06 (For a typical loan of $150,000 over 25 years)
Smart Investment Home Loan       (Minimum $10,000)                                                                                   

7.31

 7.37 (For a typical loan of $150,000 over 25 years)
Fixed Rate Smart Investment Home Loan (Minimum $75,000)                                                    (from 25th June 2025) 1 Year - 5.89a 7.22 (For a typical loan of $150,000 over 25 years)
2 Years - 5.79a 7.06 (For a typical loan of $150,000 over 25 years)
Fixed Rate Smart Home Loan (Minimum $75,000)                                                                           (from 25th June 2025) 1 Year - 5.69b 6.97 (For a typical loan of $150,000 over 25 years)
2 Years - 5.59b 6.87 (For a typical loan of $150,000 over 25 years)
Investment Property Loan (non Residential)
 		 7.55 7.61 (For a typical loan of $150,000 over 25 years)
Set-Off Loan
 		 7.00 7.21 (For a typical secured loan of $30,000 over 5 years)
Mortgage Equity Loan
 

7.60

 9.02 (For a typical secured loan of $30,000 over 5 years)

Classic Car Loan

For a typical secured loan for $30,000 over 5 years

a) Secured by a New vehicle

b) Secured by a vehicle no more than 5 years old.

c) Secured by a vehicle over 5 & < 10 years old.

 

 

7.90

8.05

9.74

 

 

8.12  (For a typical secured loan of $30,000 over 5 years)

8.27  (For a typical secured loan of $30,000 over 5 years)

9.97  (For a typical secured loan of $30,000 over 5 years)
Premium Personal Loan (Minimum $10,000)

9.74

10.76 (For a typical unsecured loan of $10,000 over 3 years)
Personal Loan
 		 10.74 11.77 (For a typical unsecured loan of $10,000 over 3 years)

Overdrafts

Smart Plus (Secured by Mortgage over residential property)

7.70

Smart (Unsecured - only available with a Smart Home Loan)

9.45

Visa Access c

12.50

Unsecured d

12.50

Business Lending

Business Loan (Secured) Base rate plus a margin will apply depending on security

7.60

Business Loan (Unsecured)

11.70

Business Car Loans - Rates are the same as for Personal Classic Car Loans detailed above

  

Business Smart Overdraft  (Secured)  Base Rate plus a Margin will apply, depending on security

7.85

Business Smart Overdraft (Unsecured) d

11.99

a On expiry of the fixed rate term, the Annual Percentage Rate will be our Smart Investment Home loan rate.
b On expiry of the fixed rate term, the Annual Percentage Rate will be our Smart Home loan rate.
c A discount of 3% is available to members who currently have a Smart Home Loan with the Credit Union
d A discount of 2.0% is available to members who currently hold a Mortgage Secured Loan with the Credit Union
e On expiry of the fixed rate term, the Annual Percentage Rate will be our Minimiser Home loan rate.

Note: We may remove or reduce discounts at our discretion.

Full Terms and conditions available on application.
Fees and Charges Apply.
All loans subject to Credit Union Lending Policy criteria.

WARNING
The comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. 

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