Overview
Spirit Loyalty Rate
Save up to 1% APR on your next vehicle loan— just for being a loyal member
Banking with Spirit of Alaska keeps your money in Interior Alaska — supporting neighbors, local businesses, and our community. The Spirit Loyalty Rate is our way of saying thanks for choosing us.
How It Works
-Your account must be open for at least 6 months
-Each qualifying activity earns you a 0.25% APR discount
-Combine up to 4 activities for a maximum 1% APR discount
✱ The Spirit Loyalty Rate applies only to newly originated loans and is not available for existing or refinanced loans. Your actual APR will be determined by your credit history and loan terms. The Spirit Loyalty Rate discount is applied to the final approved APR.
Save up to 1% APR on your next vehicle loan
Qualifying activities include:
- Direct deposit for 6 months or more
- Active checking account with a debit card
- Positive loan history (no missed payments)
- A current time account (CD or IRA)
- Applying for your loan online
- Auto Pay set up at closing
1 item = 0.25% APR discount
2 items = 0.50% APR discount
3 items = 0.75% APR discount
4 items = 1% APR discount
Additional Information
Who qualifies?
You may qualify for the Spirit Loyalty Rate if:
• You’ve been a Spirit of Alaska member for at least 6 months
• You’re applying for a new vehicle loan
• The loan is not a refinance, a mortgage, personal, or commercial loan
• You’re not using another promotional rate or discount
How to Get Started
Check your eligibility and apply online. It’s quick, secure, and you might already meet the requirements.
If you’re unsure whether you qualify, our friendly loan team is happy to help. Just visit our Gillam branch or call at 907-459-5970.
Disclosures
• The Spirit Loyalty Rate is available to Spirit of Alaska Credit Union members who have maintained an open account for at least 6 months prior to loan application.
• This discount applies only to new consumer vehicle loans. It cannot be applied to existing loans, refinanced loans, commercial loans, personal loans, or mortgage products.
• Members may receive a 0.25% rate discount for each qualifying relationship, up to a maximum of 1.00% off the approved interest rate. Qualifying relationships are verified at the time of application.
• The Spirit Loyalty Rate cannot be combined with other promotional rates or discount offers. All loans are subject to credit approval. Terms and conditions may change without notice.
• APR = Annual Percentage Rate. Your actual APR will be determined by your credit history and loan terms. The Spirit Loyalty Rate discount is applied to the final approved APR.
FAQ
FREQUENTLY ASKED QUESTIONS
The Spirit Loyalty Rate is a special discount on new vehicle loans for members who have an existing relationship with Spirit of Alaska Credit Union. You can reduce your rate by up to 1% based on certain qualifying activities.
You’ll receive a 0.25% rate discount for each of the following:
• Direct deposit for 6+ months
• Active checking account with debit card
• Positive loan history (no missed payments)
• Current time account (CD or IRA)
• Applying online for your loan
• Auto Pay set up at closing
You can earn up to 1% off your rate with four or more of these.
No. The Spirit Loyalty Rate is available only for new loans. It cannot be applied retroactively or used to refinance an existing loan with us.
No. The Spirit Loyalty Rate is only available for new vehicle loans.
No. This offer can’t be combined with other rate discounts or promotional offers.
Members who have had an account with Spirit of Alaska Credit Union for at least 6 months.
You can start by reviewing the list of qualifying relationships above. If you’re not sure or want help checking, our friendly loan team is happy to assist. Call us at 907-459-5970, or stop by your local branch.
You can apply online or visit any branch to get started. Both options are available—but keep in mind that applying online counts as one of the qualifying activities for the Spirit Loyalty Rate discount.
Apply Now or call us at 907-459-5970 if you’d like help or prefer to apply in person.