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Heritage Bank Car Loan

The Heritage Bank Car Loan offers rates from 6.69% p.a. (7.04% p.a. comparison rate*). on loans of $5,000 to $100,000.

Updated 08 December 2023

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Expert Review

Heritage Bank Car Loan is a secured loan with a fixed rate of 5.39% p.a. (6.03% p.a. comparison rate). It offers loan amounts from $5,000 to $100,000 and terms of 1-7 years. There is an establishment fee of $200 and an ongoing fee of $5 per month.

This product ranks amongst the 10% lowest interest rates when compared to other secured, fixed rate loans in the market. It is a competitive option for those looking for car finance that values the certainty of set payment amounts and looking to minimise interest rates. Other benefits include flexibility to redraw additional repayments made previously and no fee charged for paying out the loan early.

Product Details

$200 establishment fee

$5 ongoing monthly fee

No early repayment fee

Other fees may apply.


Fixed rate of 6.69% p.a.

Loan Amount

From $5,000 to $100,000

Loan Terms

1, 2, 3, 4, 5, 6 or 7 years

Secured loan


Redraw extra repayments that you have made


Before applying for this product, you should read the Target Market Determination (TMD) available here on the Heritage Bank website.

More information
The comparison rates on this page are based on either a $30,000 loan over 5 years, or a $10,000 loan 3 years, as indicated with each rate. WARNING: This comparison rate applies only to the example given and may not include all fees and charges. Different terms, fees or loan amounts might result in different comparison rates.
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