RACV Personal Loans
Compare RACV personal loans and rates 
The table below displays a snapshot of RACV’s secured personal loan products and rates on Canstar’s database, sorted by Star Rating (highest to lowest). Please note the products and Star Ratings displayed are based on a loan amount of $20,000 for a three-year loan in Victoria.
What personal loans does RACV offer?
RACV currently offers just the one type of personal loan at the time of writing, and that is a secured personal loan.
This loan has the following features:
- Rate starting from 7.49% with a comparison rate starting from 8.04% p.a.
- Fast approval
- 100% finance – no need for a deposit
- Easy to apply – apply either online, over the phone or in store – it shouldn’t take longer than 10 minutes.
- Choice of either fortnightly or monthly repayments
- No ongoing monthly fees
- RACV members get up to a 20% discounted rate on all loans (subject to approval)
Related article: Secured vs Unsecured Personal Loans – What’s the Difference?
What can you use RACV’s personal loans for?
A personal loan with RACV can be used for many important life events, such as:
- Buying a car
- Debt consolidation
- Holidays
- Home renovations
- Weddings
Personal loans are a relatively straightforward way of borrowing money with a structured repayment program. A personal loan with RACV could give you access to more money to pay for these major life events.
Check the product disclosure statement (PDS) from RACV to see what you can and can’t take out a personal loan for.