If you’re planning something big, RAC Finance can help you achieve your next milestone. We’ve got competitive personal loans for home improvements, travel, study or just about any worthwhile purpose.

Fixed interest rates from only 5.70%

Loan amount Interest rates Comparison rate2
Secured loans
$8,000 - $14,999 8.50% p.a. 10.52% p.a.
$15,000 - $24,999 7.00% p.a. 7.77% p.a.
$25,000 - $44,999 6.20% p.a. 6.61% p.a.
$45,000 and over 5.70% p.a. 6.11% p.a.
Unsecured loans
All unsecured loans 13.00% p.a. 15.07% p.a.

There are no monthly account-keeping fees with RAC Finance. A one-off establishment fee of $299^ plus an $8.00 Personal Properties Securities Registration (PPSR) fee may apply. An early termination fee of $225 may apply if a loan is paid out in the first 24 months.

Product benefits

  • No monthly fees on your personal loan
  • Quick turnaround
  • Competitive fixed interest rates
  • Choose from a 3 to 7 year loan term 

How do I apply?

Apply online or speak to a consultant at the Contact Centre on 13 17 03. Alternatively drop in to a Member Service Centre. 

How long will it take?

A Loan Assessor will contact you within 7 working hours of your application being submitted. If you’re pre-approved and get your paperwork back to us by noon on any business day, you can sign your loan documents the following business day at one of our Member Services Centres.

How long until I get my money?

Once a loan is approved, documentation will be available for you to sign over email or at your choice of Member Service Centre. If you prefer a cheque, it will be available for collection. Funds transferred electronically will be paid 24 - 48 hours after signing.


Terms and conditions 

* Applications subject to RAC Finance Limited lending criteria. Fees and charges are payable. If the conditions of your loan have been met, the loan contract will be available for signing the following business day and the funds will be processed either via cheque, BPAY or EFT 24-48 hours from settlement. Time frames may vary depending on your bankTerms and conditions apply. Australian Credit Licence 387972.

* Loan comparison rate
Comparison rates for secured loans between $8,000 and $14,999 and all unsecured loans are based on a $10,000 loan over 3 years. Comparison rates for secured loans between $15,000 and $24,999 are based on a $20,000 loan over 4 years. Comparison rates for secured loans over $25,000 are based on a $30,000 loan over 5 years. The comparison rates are 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.