Loan Interest Rates

Woolworths Employees’ Credit Union Limited – Home Loan Interest Rates

All rates are effective 1 August 2019 and are subject to change at any time.

Home Loans – Owner Occupied – Variable Interest Rates Interest Rate Comparison Rate **
Current promotional – Owner Occupied – $299 Annual Fee (Maximum Loan to Value Ratio 80%) 3.59% 3.97%~
Current promotional – Owner Occupied (Maximum Loan to Value Ratio 95%) 3.69% 3.76%~
Standard Variable – Owner Occupied 4.47% 4.55%~
Bridging Finance 5.17% 5.25%~
Home Loans – Residential Investment – Variable Interest Rates
Current promotional – Residential Investment – $299 Annual Fee (Maximum Loan to Value Ratio 90%) 3.84% 4.21%~
Current promotional – Residential Investment (Maximum Loan to Value Ratio 95%) 3.99% 4.06%~
Standard Variable – Investment (Principal & Interest) 4.97% 5.05%~
Standard Variable – Investment (Interest Only) 4.97% 5.05%~
Standard Variable – Investment – $300 annual package (P & I) 4.77% 5.13%~
Fixed Interest Rates Owner Occupied Investment
1 year fixed term 4.84% 4.88% ~ 5.04% 5.08% ~
2 year fixed term 4.74% 4.86%~ 4.94% 5.06% ~
3 year fixed term 4.84% 4.88% ~ 5.04% 5.08% ~

Woolworths Employees’ Credit Union Limited – Personal Loan, Line of Credit and Credit Card Interest Rates.

All rates are effective 1 August 2019 and are subject to change at any time.

 

Personal Loans – Variable Interest Rates Interest Rate Comparison Rate
Current promotional New Car Loan 5.79% 6.09%*
Current promotional Used Car Loan 7.79% 8.10%*
New Car Loans 8.64%. 8.95%*
Used Car Loans (cars 1 to 18 months old) 9.64% 9.96%*
Used Car Loans (cars 19 to 60 months old) 11.64% 11.96%*
Personal Loans 14.35% 15.89%**
Team Emergency Loans 18.00% 18.00%**
Line of Credit & Credit Cards – Variable Interest Rates
Line of Credit 13.85% n/a
Visa – Credit Card 13.45% n/a
Visa – Low Rate Credit Card 9.45% n/a

At the end of the Fixed Rate Period, the current WECU Variable Interest Rate applies. Fixed Interest Rates are indicative only and subject to change prior to settlement.

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 different Comparison Rates.

* The Comparison Rate for the New Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
* The Comparison Rate for the Used Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
** The Comparison Rate for Personal Loans is based on the designated amount of $10,000 (unsecured) for a term of 3 years.
~~ The Comparison Rate for Housing Loans is based on the designated amount of $150,000 (secured) for a term of 25 years.

Please note that all interest rates quoted are per annum and they are calculated daily on the outstanding balance and
debited to the loan account at the end of each month. Woolworths Employees’ Credit Union lending criteria applies to all
loan types detailed in this leaflet. Terms and Conditions, Fees and Charges apply and are available on request.

Woolworths Employees’ Credit Union Limited ABN 67 087 651 803 AFSL/Australian credit licence 240720

Questions?

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