Whether your goals include consolidating high-interest debt or simply freeing up cash, we’re here to help you save more. In fact, Patelco members with multiple accounts saved over $1,500 on average during a 12-month period from better rates and lower fees1 – now it’s your turn!
Explore Offers|
Loan type |
Offers or benefits |
Patelco rates starting at6 |
National average7 |
|---|---|---|---|
| Auto Refinance |
0.25% APR discount2 120 days no car payments3 |
5.74% APR | 8.72% APR |
| Home Equity Line of Credit |
6.49% APR for 6 billing cycles4 $0 annual fee |
6.49% APR | 8.02% APR |
| Pure Mastercard® Credit Card |
0% APR on balances transfers for 6 months5 $0 balance transfer fee |
10.75% APR | 20.09% APR |
| Personal Loan |
Terms up to 84 months No pre-payment penalty |
9.30% APR | 12.36% APR |
If you have high-interest credit cards or other loans elsewhere, now is a great time to switch to Patelco to reduce your payments, consolidate debt, and free up cash in your budget.
Low everyday rate and great for balance transfers
Patelco gave us a debt consolidation loan when we needed it the most—we’re set to pay it off in a year! Thank you Patelco for being so amazing!
PATELCO MEMBER
If you don’t qualify for our lowest rate upfront, by simply paying your car loan or personal loan on time and consistently, we’ll automatically lower your rate up to 0.50% APR every 12 months or up to 1.50% APR over the entire loan term.8
Save more by switching your loans to Patelco with our competitive rates and offers.
Auto refinance: 0.25% APR discount2 (available until June 30, 2025.)
HELOC 6.49% APR for 6 billing cycles4 (must apply by June 30, 2025.) Afterward rates start as low as 8.00% APR.6
Credit Card: $0 annual fee and 0% APR for 6 months on balance transfers made in the first 90 days.
Personal loan: Fixed rate with loan amounts up to $100,000.
If you have any questions about your personal financial situation, need guidance on consolidating debt or want help finding the right loan product, our team can help walk you through your options. Our Virtual Branch™ is available for immediate service and by appointment during business hours. Learn more >
If you own your home, you may be able to tap into the equity you’ve built to access cash when you need it. Due to their low rates and flexible borrowing options, HELOCs are often an affordable loan option for many homeowners. You can use your HELOC for immediate or future expenses, such as home improvements (big or small), high-interest debt, to add an accessory dwelling unit (ADU) to your home, or other large purchases. Our HELOCs also have $0 annual fees and $0 minimum draw amount – making them great for unexpected expenses.
The Pure credit card is packed with features that offer security and convenience including Zero Liability Protection, Cell Phone Protection, Assistance with a lost or stolen card, and Travel Benefits. If you carry high-interest credit card debt, the Pure credit card is a great way to consolidate debt and pay less interest over time. Enjoy $0 annual fee and 0% APR for 6 months on balance transfers made in the first 90 days.
Even more than just saving on your payments or interest rate, sometimes it’s beneficial to extend or shorten your existing loan term. Depending on how far you are into your current loan, a shorter term and a new lower rate can help you pay off your loan faster. A longer term often offers a reduced monthly payment amount, making it easier on your budget if you’re juggling multiple expenses.
Yes, but it depends on how much you currently owe and your car’s estimated value. In most cases you can borrow up to 100% of your car’s Kelley Blue Book value and use the funds to cover other expenses such as high-interest debt. Depending on your financial needs, this can be a great and often overlooked alternative to other types of high-interest rate loans.
We can help you determine what type of loan is best for you and your financial goals. Meet with a team member face-to-face online at our Patelco Virtual Branch™ or visit a branch near you.
1 Member savings figures are from the America’s Credit Union Benefits Study in Q4 2024. Assumed to have a $30,000, 60-month new auto loan, a classic credit card with an average balance of $5,000, a $200,000, 30-year fixed rate mortgage (a 30-year fixed rate mortgage is replaced with a 5-year adjustable rate mortgage if it yields a greater benefit as it is assumed more in demand), $5,000 in an interest/dividend checking account, $10,000 in a one-year certificate account, and $2,500 in a money market account.
2 Rate discount of 0.25% APR (Annual Percentage Rate) available from May 1, 2025 – June 30, 2025 for external refinances (refinances of non-Patelco auto loans) and cashout refinances available with clean title. Model years 15 years old or newer are eligible for the discount. Eligible loans must fund by June 30, 2025 to receive the promotional discount. The following are ineligible for the promotional discount: Internal refinances (refinances of any existing Patelco auto loans), Auto Loan Plus, purchases, lease buy outs, and indirect loans through Caribou or RefiJet.
3 At closing, you have the option to select up to 120 days of deferred loan payments on your new or used auto loan. The actual number of days will depend on the terms of the loan. Interest will accrue on your auto loan beginning on the date the loan is funded, and the first payment will be applied to interest accrued from the date the loan is funded to the first payment date and then to principal due.
4 This limited-time offer discounts your rate to 6.49% APR for six (6) billing cycles and will temporarily override your qualifying index and margin. Promotional 6.49% APR begins at time of closing and will be reflected on your following billing statement. Promotion lasts for six (6) billing cycles. After the discounted rate period ends, any and all remaining balances will automatically convert to the variable rate which is subject to change based on the Prime Rate Index in effect at that time, plus your existing margin, and the minimum required payment per the terms of the HELOC agreement. Must apply by June 30, 2025. Promotional 6.49% APR is not available on ADU HELOCs or any fixed rate home equity options. Offer for new HELOC lines only – promotional discount cannot be applied to existing lines or loans. This offer cannot be combined with any other discounts.
5 On balance transfers made in the first 90 days of account opening. After the 6-month 0% introductory APR (Annual Percentage Rate) period, the standard variable APR rate for purchases will be applied to the balance transfer amount, based on your creditworthiness.
6 Used Auto refinance rates starting at 5.74% APR effective 5/1/2025 (includes 0.25% APR discount) subject to change without notice. Patelco offers a range of base rates and discounts that depend on factors such as credit history, loan term, Patelco account relationship, vehicle mileage, amount financed and vehicle age. Additional discounts may apply. Vehicle mileage greater than 100k will include an additional .50% added to rate. Actual rates are disclosed to approved applicants in writing prior to loan consummation and may be as high as 17.99% APR. To learn more about rates, terms, and exclusive discounts for members, such as Commitment Household, call 800.358.8228 or visit any Patelco branch.
Used Auto loan payment examples: 0‑48 months: $23.54 per month per $1000 borrowed at 5.99% APR for 48 months; 49‑66 months: $17.87 per month per $1000 borrowed at 5.99% APR for 66 months; 67‑72 months: $16.75 per month per $1000 borrowed at 6.29% APR for 72 months; 73‑84 months: $14.96 per month per $1000 borrowed at 6.64% APR for 84 month
Home equity lines of credit are available on California primary residences only. 6.49% APR (annual percentage rate) includes introductory discount for 6 billing cycles and other terms shown are accurate as of 5/1/2025 and apply to a HELOC for the most qualified applicant at CLTV up to 80%. After promotional period, standard rates apply and start as low as 8.00% APR. Not all applicants will qualify for the lowest rate. Rates vary based on property value, line amount and other factors, and will vary for second or vacation homes. The minimum periodic payment is interest-only for the first ten years (“draw period”) followed by fully-amortizing payments to repay the balance over the final fifteen years. No draws will be allowed during the repayment period. Payments and rate can adjust monthly. Payments will increase if rates increase. At the end of the draw period, your required monthly payments will increase because you will be paying both principal and interest. The rate is calculated using an index plus a margin. The index used is the Prime Rate as published in The Wall Street Journal Western Edition on the last business day of the month prior to the change. The current prime index is 7.50. Minimum interest rate is 4.0%. Maximum interest rate is 17%.
Pure Mastercard® Credit Card Variable APR as of 02/26/2025. Rate adjusts monthly and equals prime rate for previous month plus a margin range based on credit worthiness. Applies to Purchases and Balance Transfers.
Personal loans rates effective 04/01/2025 and are subject to credit approval. APRs range based on factors including credit type, loan term, Commitment Household/account relationship and applicant credit worthiness/score. Loan terms are based on various factors, including the amount financed. Actual rates are disclosed to approved applicants in writing prior to loan consummation. Offered rates subject to change. For more information, visit patelco.org, call 800.358.8228, or stop by a branch. The APR range is 9.30% to 17.90% with terms available from 6 to 84 months. Example, if you receive a loan of $10,000 with an interest rate of 9.30% with no origination fee and make 36 monthly payments of $320.41, your finances charges will be $1,534.39 which would make your total repayment amount $11,534.39.
7 Bankrate National average rates as of April 2025.
8 LevelUp is offered to members who are approved for the following loans at Patelco’s credit tier 2 or higher: auto, motorcycle, RV, boat, and personal loans, excluding all lines of credit. Total discount of up to 1.50% APR (Annual Percentage Rate) applied in 0.50% APR increments for every 12 consecutive on-time monthly payments. Maximum discount will never cause the final APR to be lower than the LevelUp floor rate for the specific loan and term at time of funding. Monthly payment amount remains constant, with additional money going toward principal, which shortens the term of the loan and the total amount paid over the life of the loan
