Take out a secured car loan with RACQ Bank so you have the flexibility to choose a car that is suited to your lifestyle. Car finance with RACQ Bank means you'll receive the same low interest rates for new and used cars. Plus, you can enjoy an RACQ membership that gives you access to our entire range of member benefits.
For a full list of fees and charges refer to the Loan Fee Schedule.
We offer flexible car finance options, including:
You can apply for an RACQ Bank Car Loan online anywhere, anytime. Our secure streamlined car loan form takes approximately 15 minutes to complete and submit. Once we receive it, we'll kick-start the process for you.
To apply you will need:
We'll review your car loan application and call you back as soon as possible. When we touch-base we'll let you know what supporting documents we need to complete the process.
We'll review everything you've provided and confirm if your car loan application has been successful.
Congratulations! If successful, we'll provide some paperwork for you to complete and send back, then we'll transfer the money into your bank account.
We’re run by Queenslanders for Queenslanders.
RACQ has been serving members for over 115 years.
Need help or would like to know more? RACQ Bank offers many convenient ways for you to get in touch with us.
#Offer available to new and existing Free2Go members and participants who apply for a new Fixed Car Loan. Approval of RACQ Bank Car loan applications is subject to eligibility criteria. Offer available until further notice and can be withdrawn at any time.
Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.
Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
Comparison rate calculated on an unsecured loan amount of $30,000 over 5 years based on monthly repayments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
The Car Loan Special is available for new lending only.
Rates current as at 14 December 2021 and subject to change at any time.
Insurance products (excluding Travel Insurance and the Life and Income Protection Insurance suite of products) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the PDS and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.
^Excludes pay later option.