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Personal loans / CommBank EV Access Program

What is the EV Access Program (EVAP)?

Eligible customers can get a special rate on a Secured Personal Loan, which includes an energy-efficient discount, plus unique discounts on selected electric vehicles when purchasing an eligible electric or hybrid vehicle.

Who is eligible?

  • Eligible Essential Workers

    Individuals employed as teachers, instructors, medical professionals, veterinarians, government officials, or care workers

    OR

    Individuals with a gross income of $100,000 p.a. or less.

What vehicles are eligible?

  • Any electric or hybrid vehicle emitting less than 120g of CO2 per kilometre, with a vehicle price and loan amount less than or equal to $55,000.

A special rate on a Secured Personal Loan with an energy-efficient discount

  • 5.49 % PA

    Secured Personal Loan Rate
    (usually 6.19% p.a.)

  • 6.92 % PA

    Secured Personal Loan Comparison Rate*
    (usually 7.61% p.a.)

  • Apply now

Unique discounts on selected electric vehicles

The EV Access Program offers unique discounts on selected electric vehicles. Explore eligible vehicles and connect directly with dealerships by visiting the Deals & Offers section of the Buy & Own a Car platform.

Explore cars

Backed by the Clean Energy Finance Corporation

We've partnered with the Clean Energy Finance Corporation (CEFC) to make electric vehicles (EV) more accessible to essential workers and Australians on incomes under $100,000 per annum.

Car Insurance

  • Save up to 10% on Car Insurance provided by Hollard when you apply online. Learn more about 24/7 claims assistance and repair guarantee.

    Find out more

Not sure how much you can borrow for an electric or hybrid car?

Use our borrowing power calculator, and quickly and easily get a better understanding of:

  • How much you may be able to borrow
  • What your repayments could look like
  • The different loan options which may be available to you

Get started

Need help and support on CommBank Car financing? 

Message us in the CommBank app to get instant help from our virtual assistant. 

Things you should know

 

  • Offer available for a limited time. We reserve the right to close or vary this offer at any time.

    * Comparison rates are calculated based on a secured loan of $30,000, over a term of five years.

    WARNING: Comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.