BAWAG P.S.K. to offer 0% car loan again due to tremendous success

VIENNA, Austria – February 15, 2018 – Thanks to the BAWAG P.S.K. KreditBox Schnell or the Einfach Online Kredit financing products, there are now twice as many reasons to buy an environmentally friendly new car: Along with helping to protect the environment, buyers can also enjoy the benefits of zero interest and zero fees if the car is branded with a BAWAG P.S.K. all-over sticker during the term of the loan. The promotion is being offered for the fourth time since its introduction in 2013 and will run through the end of April 2018. More than 2,000 BAWAG P.S.K. customers have become highly visible brand ambassadors for the Bank as part of this program.

“Customers who want to reduce environmental impact should be rewarded – and that’s exactly what we’re doing now with 0% car financing and the Free Ride Package,” said Markus Gremmel, Head of Marketing and Products at BAWAG P.S.K., summing up the current offer. “We are excited about the fact that we have increased the level of innovation for our 0% car financing for the fourth round of the promotion. We will not only reward customers who decide to buy an environmentally friendly new car with our 0% car financing. We will also throw in the Free Ride Package, which has a value of EUR 1,500, for everyone who selects their new car using the fast and practical option available on our web site.”

The duration of the promotion period supports people who have been considering purchasing a new car over the course of the year and can now turn this plan into a reality thanks to the affordable financing offer.

The terms and conditions at a glance

BAWAG P.S.K.’s promotion offers zero-interest and zero-fee financing for private vehicles, which means the loan amount and the repayment amount are identical. No interest or fees will be charged as long as the new car that is financed is outfitted with a BAWAG P.S.K. all-over sticker that remains on the car up until the end of the loan term.

The following requirements must be met:

  • New car purchased with financing between 1 February and 30 April 2018. The eligible financing options are the BAWAG P.S.K. KreditBox Schnell loan available at the Bank’s branches, the BAWAG P.S.K. Einfach Online Kredit loan available online, or a leasing arrangement.
  • Maximum term: 120 months, maximum amount: EUR 75,000.
  • It is recommended that the borrower have a term life insurance policy.
  • Purchase of a new car with initial registration (i.e. not a used car).
  • Maximum official CO2 emissions value of 136 g/km for the car (according to dealer price list).
  • The car must be purchased and used for private purposes.
  • The BAWAG P.S.K. all-over sticker, for which the Bank will cover the costs, must be installed by the end of July 2018 and must remain on the car until the end of the loan term.

Partnership with Toyota and Free Ride Package with a value of EUR 1,500

If customers opt to conclude the financing via the BAWAG P.S.K. Einfach Online Kredit loan, they will qualify for a special offer in cooperation with Toyota: They can choose from nine different Toyota models with relatively low CO2 emissions on the BAWAG P.S.K. web site. If one of these models suits the customer’s needs, the purchase amount is added to the online loan application and the customer can apply for the 0% car loan immediately. In this case, the customer will also benefit from the Free Ride Package: BAWAG P.S.K. will pay the registration fee and cover the engine-based insurance tax and liability insurance for this Toyota model for a year, up to a maximum amount of EUR 1,500.

Ad campaign and “FAIR? PLAY!” contest

The campaign for the 0% car financing once again centers around humorous radio and television ads featuring the FC-Wohlenegg recreational soccer team that have been running across Austria since 12 February 2018.

Once again, a potentially lucrative contest is being held as part of the “FAIR? PLAY!” social media campaign. Each day, there will be three chances to vote on whether everyday situations are “fair” or “unfair.” Internet users will collect car keys for participating and with a bit of luck, one of them will open the grand prize, a Toyota RAV4 valued at over EUR 40,000. Visit for more Details.


BAWAG Group Communications

Tel: +43 (0) 5 99 05-31210


Press release (PDF)