Bank First ProductionUsed Car Loan Personal Lending Variable Unsecured
Used Car Loan Personal Lending Variable Unsecured
At a glance
- Variable
- 7.79%9.13% comparison
- Loan size
- $5,000 to no maximum
- Upfront fee
- $195
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Car loan from a bank or lenderLowest advertised rate, fixed or variable | 7.79% | 5.74%Westpac's Car Loan | 6.99%of 42 institutions | 31st lowest of 42 |
Rates
The one rate Bank First Production publishes for this personal loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | - | - | 7.79% | 9.13% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 5 Nov 2026 | Variable, P&I | 10.79% | 7.79% | down 3.00 |
Each change is logged the night it appears in the rates Bank First publishes. See how every lender answered the RBA on the rate tracker.
Fees
3 fees published, grouped by when they're charged.
When you take it out2
- Personal Loan Establishment Fee
Applies to all Personal Loan types whether secured or unsecured, and is only payable if the loan is funded. This fee is waived for First Home Buyer Package and Premier/Rewards Package Home Loan custo… Fee Waived for Premier Package Home Loan
$195 - Stamp Duty On Goods Security Agreement
Available upon application Government Charge (for interstate Goods Mortgage only). Fee at cost
No fee
If a payment is late or fails1
- Arrears Fee
Payable immediately if all or any part of a repayment is 7 days in arrears. A further Arrears Fee of $20 is payable at the expiry of 30 days after the account falls into arrears if all or any part of…
$20 7 days after it's due
Features
Eligibility and limits
- Minimum age 18
- Residency: Individual applications must be permanent residents and joint accounts require at least one permanent resident as well as additional requirements for the non-residant applicants.
- Amount from $5,000, no maximum
- Available to Members only
Compare it with others
Put this product through a calculator
Published by Bank First under the Consumer Data Right, last changed by them on 4 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.