Personal Loans from RACV

Get a secured personal loan from 6.49%* (Comparison rate 7.19%^p.a)

Your estimated monthly repayment

Dreams come in all shapes, sizes and budgets

From a big backyard patio extension or a brand new swimming pool, to a long-awaited retreat, to a tropical island and everything else in between, RACV secured personal loans can make your dreams happen sooner than you imagine.

It’s quick and easy to apply and all loans sold direct by RACV come with RACV’s Satisfaction Guarantee^^. So why wait? Apply online now.

*Conditions, fees and charges apply. Rate subject to change without notice. RACV Finance is subject to RACV lending criteria. R.A.C.V. Finance Limited ABN 82 004 292 291 Australian Credit Licence No. 391488. RACV secured personal loans have a maximum APR of 11.54% which includes the interest rates and other costs associated with the loan.  

^Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. WARNING: This comparison rate applies only to examples given. Different amounts and terms will result in different comparison rates. Year of membership benefit apply. Costs such as redraw or early repayment fees and cost savings such as fee waivers are not included in the comparison rate, but may influence the cost of the loan.

  • No ongoing fees

    Which means lower monthly payments for you

  • Easy to apply

    Your loan application will take around 10 minutes - online or over the phone

  • Fast approval

    Usually within five working hours

  • 100% finance

    In most cases there’s no need for a deposit

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  1. 1

    Complete the form

    First, we need to know a little about you.

    Apply now

  2. 2

    Get approval

    You will know within five working hours of submitting your application.

  3. 3

    Secure your funds within 24 hours

    Once approved, we’ll call you to work out the details. In most cases the money will be sent within 24 hours.

Save 5% off Woolworths WISH Gift Cards from RACV Retail Stores or online

  • Dealers and brokers

    While it might look like they’re giving you a lower rate, they often charge additional fees. These fees make your monthly repayments higher.

  • Balloon or residual payments

    These reduce your monthly repayments but you may still owe a lump sum at the end of your loan. This means that you may pay more interest on every payment.

  • Adding to your home loan

    While the interest rate on your home loan might be lower, you’re paying it back over a much longer period. This can increase the total interest on your loan.

If you're eligible for RACV's Years of Membership Benefits, and apply direct with RACV, enjoy even lower interest rates.

Our Years of Membership Benefits discounts

5-9 years

10-24 years

25-50 years

Gold 50
50+ years

Annual discount available for RACV products





Interest rates

From 6.17% p.a.

From 5.84% p.a.

From 5.52% p.a.

From 5.19% p.a.

Frequently asked questions

What do I need to apply?

You will need to supply your personal details, including your driver's licence number, employment details, assets, liabilities and income. We will verify this information with you later.

How do I make repayments?

By direct debit or BPAY. Loan repayments will automatically be taken from your chosen bank account every month or fortnight.

Do RACV’s Years of Membership Benefits apply?

Yes, Years of Membership Benefit applies to all consumer loan applications (subject to approval) made directly through RACV. Any loan application introduced through a broker/intermediary will not be eligible to receive the discount.

^^If you are not completely satisfied with your RACV Finance personal loan, you can return the full loan amount and, if the loan is paid out and finalised within 21 days from the date the loan was funded RACV Finance will refund all application fees and any interest charged; waive the early termination fee (ETF); and cancel any Consumer Credit Insurance or Shortfall Insurance policy taken out and refund all premiums to the loan, product coverage will cease. The Satisfaction Guarantee is not available in conjunction with commercial loan products, leases or loans introduced by Brokers/Dealers.

Years of Membership Benefit applies to all consumer loan applications (subject to approval) made directly through RACV. Any loan application introduced through a broker/intermediary will not be able to receive the discount.

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