Promotional Car Loans7

Fixed Term Interest rate (p.a)5

1 Year 2 Years 3 Years 4 Years 5 Years
New Car 7.04% 7.04% 7.04% 7.04% 7.04%
Comparison Rate (p.a.)4 8.42%1 7.86%1 7.47%1 7.24%1 7.17%1
Used Car 8.04% 8.04% 8.04% 8.04% 8.04%
Comparison Rate (p.a.)4 9.53%2 8.88%2 8.66%2 8.66%2 8.66%2
Green Car 6.54% 6.54% 6.54% 6.54% 6.54%
Comparison Rate (p.a.)4 7.92%1 7.36%1 6.97%1 6.74%1 6.67%1

Variable Interest rate (p.a)

         
New Car 7.04%        
Comparison Rate (p.a.)4 7.17%1        
Used Car 8.04%        
Comparison Rate (p.a.)4 8.66%2        
Green Car 6.54%        
Comparison Rate (p.a.)4 6.67%1        

Personal Loans

Interest Rates effective 19 September 2014.

  Variable Interest Rate (p.a.) Comparison Rate (p.a.)4
New Car Loan 9.04% 9.17%1
Used Car Loan 10.04% 10.66%2
Green Car Loan 8.54% 8.67%1
Share Loan 10.50% 11.12%3
Personal Loan 11.99% 12.62%3
Green Personal Loan 9.60% 10.22%3
Revolving Personal Loan 11.99% N/A
Student Loan 10.99% 11.62%2
Student Loan (deferred) 11.50% 12.13%2
Overdraft
13.44% N/A

Fixed Term Personal Loans

Fixed Term
Interest Rate (p.a.)5

1 Year 2 Years 3 Years 4 Years 5 Years
New Car 9.04% 9.04% 9.04% 9.04% 9.04%
Comparison Rate (p.a.)4 9.17%1 9.17%1 9.17%1 9.17%1 9.17%1
Used Car 10.04% 10.04% 10.04% 10.04% 10.04%
Comparison Rate (p.a.)4 10.66%2 10.66%2 10.66%2 10.66%2 10.66%2
Green Car 8.54% 8.54% 8.54% 8.54% 8.54%
Comparison Rate (p.a.)4 8.67%1 8.67%1 8.67%1 8.67%1 8.67%1
Share 10.50% 10.50% 10.50% 10.50% 10.50%
Comparison Rate (p.a.)4 11.12%3 11.12%3 11.12%3 11.12%3 11.12%3
Personal 11.99% 11.99% 11.99% 11.99% 11.99%
Comparison Rate (p.a.)4 12.62%3 12.62%3 12.62%3 12.62%3 12.62%3
Green Personal 9.60% 9.60% 9.60% 9.60% 9.60%
Comparison Rate (p.a.)4 10.22%3 10.22%3 10.22%3 10.22%3 10.22%3
Student 10.99% 10.99% 10.99% 10.99% 10.99%
Comparison Rate (p.a.)4 11.62%2 11.62%2 11.62%2 11.62%2 11.62%2
Student Deferred 11.50% 11.50% 11.50% 11.50% 11.50%
Comparison Rate (p.a.)4 12.13%2 12.13%2 12.13%2 12.13%2 12.13%2

Credit Cards

Interest Rates effective 19 September 2014.

  Purchase Variable Interest Rate (p.a.) Balance Transfer Variable Interest Rate (p.a.) Cash Advance Variable Interest Rate (p.a.)
Visa Platinum Credit Card 9.99% 9.99% 19.99%
Visa Classic Credit Card 13.19% 13.19% 13.19%

Terms and Conditions

Part A - Product Information
Part B - Fees and Charges
Part C - Interest Rates

  1. Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years.
  2. Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years.
  3. Comparison rate calculated on an unsecured loan amount of $10,000 for a term of 3 years.
  4. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions are available on request.
  5. Rates are indicative only. Fixed rates are fixed at the date of funding.
  6. Interest rate available until 30 June 2015. Must be funded by 31 July 2015. Available on new loans and on increases more than $500 only.
  7. Promotional Interest rates available for loan applications received between 1 December 2014 - 28 February 2015 and funded by 31 May 2015.

The Mutual Bank may charge a fee for these services and facilities. Refer to the Fees and Charges brochure, available on request. Full terms and conditions including variations to interest rates are prescribed in the Terms and Conditions brochure, available on request. Subject to change without notice.