RAA Personal Loans - Features & Benefits



Personal loans

We offer both secured and unsecured loans for any worthwhile purpose.

Fixed rate loan

The interest rate is fixed over the life of the loan, meaning your repayments will not change. 

Minimum loan amount

$8000 for new and used vehicles

Loan term

Choose between 3 to 7 years

Approval time

In 7 working hours*

Pre approvals available


Interest Rates, Fees and Charges

Interest rateThere are a range of interest rates, and RAA Members get a 1% p.a. discount.
Comparison interest rateThe comparison rate provides an indicative interest rate that takes into account certain costs associated with setting up a loan. This rate includes the nominal interest rate/s, loan approval fee, any other upfront fees and known ongoing fees.
Loan establishment fee

$255 RAA Member

$355 Non RAA Member

Monthly account keeping feesNil
Other ongoing feesNil
Early termination fee$225 if repaid in full within the first 2 years.
Personal properties securities registration fee$8

Loan Repayment Features

Extra repayments allowed But an early termination fee of $225 applies if repaid in first 2 years.
Choice of repayment frequency Monthly or fortnightly.


 Min. age of applicant 18
 Only available to those living in SA or Broken Hill  (conditions apply)
 Available to self employed

 Payment Options 

 Direct debit  
 Cash  In an RAA Shop
 Eftpos  In an RAA Shop or over the phone
 Cheque  In an RAA Shop or per mail


*Subject to applicants satisfying all conditions between 9:00am and 5:00pm Monday to Friday, excluding public holidays.

RAA Finance loans are provided by RAC Finance Limited ABN 77 009 066 862 Australian Credit Licence 387972 and are subject to RAC Finance lending criteria; conditions, fees and charges apply.  Royal Automobile Association of South Australia Incorporated ABN 90 020 001 807 credit representative number 466848 is an authorised representative of RAC Finance Limited.

If you have any queries regarding your existing loan with Motoring Club Finance Limited, t/a RAA Finance, please call 1300 651 812 or email