Interest Rates

Keep informed on all the latest interest rates for savings, loans and investments as well as any fees and charges associated with our products.

Select Interest Rate Type

  • Home Loans
  • Car Loans
  • Personal Loans
  • Deposits
  • Credit Cards
Home Loans

Home Loan Interest Rates

All rates are effective 15 June 2020 and are subject to change at any time.

Home Loans – Owner Occupied – Variable Interest RatesInterest RateComparison Rate
Flexible Variable Home Loan – Owner Occupied – $299 Annual Fee (Maximum Loan to Value Ratio 70%)2.99% p.a.3.38% p.a. ~~
Owner Occupied Variable Home Loan - (Maximum Loan to Value Ratio 95%)3.48% p.a.3.56% p.a. ~~
Standard Variable – Owner Occupied4.26% p.a.4.35% p.a. ~~
Bridging Finance4.96% p.a.5.02% p.a. ~~
Home Loans – Residential Investment – Variable Interest RatesInterest RateComparison Rate
Current promotional – Residential Investment – $299 Annual Fee (Maximum Loan to Value Ratio 90%)3.68% p.a.4.06% p.a. ~~
Current promotional – Residential Investment (Maximum Loan to Value Ratio 95%)3.83% p.a.3.92% p.a. ~~
Standard Variable – Investment (Principal & Interest)4.81% p.a.4.90% p.a. ~~
Standard Variable – Investment (Interest Only)4.81% p.a.4.87% p.a. ~~
Fixed Interest RatesInterest RateComparison Rate
1 year fixed term2.75% p.a.3.80% p.a. ~~
2 year fixed term2.89% p.a.3.76% p.a. ~~
Important Notes

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

Home Loans

The WECU Standard Variable Home Loan offers you a great interest rate plus real flexibility to structure the loan to suit you.

Car Loans

Car Loan Interest Rates

All rates are effective 29 October 2019 and are subject to change at any time.

Car Loans – Variable Interest RatesInterest RateComparison Rate
Current promotional New Car Loan5.79% p.a.6.09%* p.a.
Current promotional Used Car Loan7.79% p.a.8.10%* p.a.
New Car Loans8.64% p.a.8.95%* p.a.
Used Car Loans (cars 1 to 18 months old)9.64% p.a.9.96%* p.a.
Used Car Loans (cars 19 to 60 months old)11.64% p.a.11.96%* p.a.
Important Notes

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

Car Loans

Want to buy a new or used car? With one of our convenient and flexible Car Loans we will have you driving away in no time.

Personal Loans

Personal Loan Interest Rates

All rates are effective 29 October 2019 and are subject to change at any time.

Personal Loans – Variable Interest RatesInterest RateComparison Rate
Personal Loans14.35% p.a.15.89%** p.a.
Team Emergency Loans18.00% p.a.18.00%** p.a.
Important Notes

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

Personal Loans

We offer a simple personal loan, with a range of features and optional extras like insurance to suit your needs. Our personal loan can turn your dream a reality in no time.

Deposits

Savings/Term Deposits Interest Rates

SAVINGS INTEREST RATES – current as at 17 October 2019

Access Account* S1Interest Rates
Less than $5,0000.00% p.a.
$5,000-$9,9990.00% p.a.
$10,000-$19,9990.00% p.a.
$20,000-$49,9990.00% p.a.
$50,000 or more0.00% p.a.
Budget Account** S3Interest Rates
Less than $5,0000.00% p.a.
$5,000 – $9,9990.00% p.a.
$10,000 – $19,9990.00% p.a.
$20,000 – $49,9990.00% p.a.
$50,000 or more0.00% p.a.
SaverPlus*** S6Interest Rates
$1 – $4,9990.30% p.a.
$5,000 – $9,9990.30% p.a.
$10,000 or more0.50% p.a.
Cash Management# S7Interest Rates
$1 – $4,9990.10% p.a
$5,000 – $9,9990.25% p.a.
$10,000 – $49,9990.50% p.a.
$50,000 – $99,9990.80% p.a.
$100,000 or more1.00% p.a.
Christmas Club* S2Interest Rate
All balances0.50% p.a.
Goal Account*** S9Interest Rate
All balances0.50% p.a.
NetPlus# S10Interest Rate
All balances1.00% p.a.
Retirement Account# S20 (Conditions apply)Interest Rate
$1 – $100,0001.10%pa
$100,001 or more1.40%pa
Important Notes

* Interest calculated daily, paid annually.

** Interest calculated on minimum monthly balance, paid annually

*** Interest calculated daily, paid bi-annually.

# Interest calculated daily, paid monthly.

Term Deposits

TERM DEPOSIT INTEREST RATES - current as at 12 May 2020

Term Deposits$2,000 to $4,999$5,000 to $24,999$25,000 to $49,999$50,000 or more
3 Months1.00% p.a.1.55% p.a.1.55% p.a.1.55% p.a.
6 Months1.00% p.a.1.50% p.a.1.50% p.a.1.50% p.a.
9 Months1.00% p.a.1.45% p.a.1.45% p.a.1.45% p.a.
12 Months1.00% p.a.1.40% p.a.1.40% p.a.1.40% p.a.
24 Months1.00% p.a.1.10% p.a.1.10% p.a.1.10% p.a.
Important Notes

* All Term Deposit interest rates are per annum. Interest rates may be negotiable for deposits $50,000 and over. *

Woolworths Employees’Credit Union Limited (ABN 67 087 651 803 AFSL 240720) is the issuer of these products. You should consider the Account and Access Facility, Conditions of Use in deciding whether or not to acquire any of these products. An Account and Access Facility, Conditions of Use may be obtained by contacting us on 1300 665 553 or from our website at www.wecu.com.au. Any advice contained in this brochure is general advice only and does not take into account your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness. If you need more specific advice, we suggest you contact one of our offices. Term Deposit Interest rates are calculated daily at the interest rate advertised for the term and paid annually, on anniversary and on maturity of the investment. Interest rates are current at the time of printing. Please contact us on the above number to confirm these interest rates. Terms and Conditions, Fees and Charges apply and are available upon request.

Access Account

Whether you are looking for day-to-day access over the counter, via the Internet or telephone, or wanting the convenience of EFTPOS and ATM, we have a transaction account to meet your needs.

Credit Cards

Credit Card Interest Rates

All rates are effective 29 October 2019 and are subject to change at any time.

Line of Credit & Credit Cards – Variable Interest RatesInterest RateComparison Rate
Line of Credit13.85%n/a
Visa – Credit Card13.45%n/a
Visa – Low Rate Credit Card9.45%n/a
Important Notes

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

Visa Credit Cards

With this credit card in your pocket, you don’t have to carry cash, so its the safest way to pay. And because you get a detailed record of every transaction, you’re in control.