Border Bank
Driveaway Car Loan
Border Bank · pers loans
Provider last updated this product 2026-08-28.
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You'll complete your application on
Border Bank's website. Confirm the rate and fees with them
before applying.
Whether you’re looking for a brand new or used car, or an environmentally friendly vehicle – a Border Bank Car Loan fits the bill.
As published by the lender
- Vehicles - New or used vehicles
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 6.99% | 7.13% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Fixed Rate Terms: 1-7 Years | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Personal Loan Establishment fee | UPFRONT | $98 | Payable when your loan is funded |
| Default Notice Fee | EVENT | $21.50 | Payable when we send you a default notice under a loan contract when an arrears remains unremedied after we have sent you an arrears letter. |
| PPSR | UPFRONT | $0 | At Cost. Certain loans will require us to use the services of PPSR. If we do so, the following may be payable: • PPSR Registration Fee • PPSR Financier Interest Enquiry • PPSR Variation of Interest |
| Arrears Letter Fee | EVENT | $6.50 | Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract. |
| Overdrawn Account Fee | EVENT | $15 | Payable when you exceed your credit limit by $75 or more within a calendar month. Interest will also be charged on any amount overdrawn in excess of the approved credit limit at the then current annual percentage rate |
| Additional Statement Fee | EVENT | $5 | $5 for Archive Retrieval and $1.50 per page. Payable when you request an additional statement. |
| Late Payment Fee | EVENT | $10 | Charged where the whole or any part of your loan repayment remains unpaid after 14 days past the due date. Applies to all Border Bank loans and continuing credit accounts. |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-08-28 | 2026-09-30 (current) | 6.99% | 7.13% |
Published figures as captured daily since 2026-08-28. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Unlimited free additional repayments
- Reduced Fees Program. Your Border Bank Personal Loan may contribute to our Reduced Fees Program, helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fee rebates), personal cheques and external electronic periodical payments.
- No Monthly Account Keeping Fees
- Direct Credits. Set regular payments like your pay sent straight to your account
- Direct Debits. Set up Direct Debits from this account
- ATM withdrawals. up to $1000
- Periodical Payments. Can set up Periodical Payments
- Bank@Post. Withdraw cash at any participating Australia Post outlets with Bank@POST™
- Verified by Visa. Verified by Visa is a service designed to ensure you are protected while shopping online with your Visa card. As you make a purchase online, Border Bank assesses the risk of the transaction based on a number of factors. In some instances, you may be asked to confirm some personal details (date of birth, mother's maiden name, address details) so Border Bank can be sure the card isn't being used without your permission.
- Visa PayWave. Our Debit Card is issued with the Visa PayWave ‘contactless’ payment feature. This allows you to pay for purchases under $100 without swiping, signing, or entering a PIN at participating merchants.
- Visa Preferred Rewards. Our Visa Card provides access to the Visa Entertainment program. This gives you the opportunity to purchase unique deals including preferred seating at special events, discounts on retail as well as other exclusive offers
- Confirmation Of Payee
Who can apply
- min age - 18
- residency status - Australian Residents
- residency status - Australian Citizens
Limits
- min limit - 5000.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-08-28T02:56:19.936Z · Product ID: b238f9e7-e1eb-4c8c-8f64-d02f6156d81f