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Portfolio Loan

Bank SA’s Portfolio Loan is an ongoing line of credit. Borrowers can access funds up to their available credit limit to make investments for their future, such as to purchase an investment property or invest in a share portfolio.

Use loan funds to build your investments

A flexible line of credit, where you could borrow up to 90% of the value of your secured property1 to make other investments and build assets.

Loan term & repayments

  • The Portfolio Loan has no set repayment term and is repayable on our request.
  • You will not repay your loan over time by paying the minimum monthly payments. The minimum monthly payments you will need to make will typically only cover your interest, certain fees and charges. To repay your loan, you should also make additional payments on a regular basis.


More information


You could get discounted interest rates and fees with Bank SA’s Advantage Package - a package deal for your home loan, selected credit card and transaction account. An annual package fee of $395 applies2.  

Establishment fee

  • $7003


Additional sub-account fee

$100 per additional sub-account

Your choice of a monthly account administration fee or an annual fee

Monthly fee


Annual fee

  • $200 per annum for all sub-accounts

Other fees and charges apply. See a complete list of fees for loan accounts.

Interest Rates


Variable Rate

All Balances

% p.a.

Get an Advantage Package* special discount on Balances $150,000+


Advantage Package* Limited Time Special Discount

Standard Variable Rate with Advantage Package* Limited Time Special Discount


% p.a.

% p.a.


% p.a.

% p.a.

$500,000 - $749,999       

% p.a.

% p.a.


% p.a.

% p.a.

Get an Advantage Package* discount on Balances $100,000+


Standard Advantage Package* Discount

Standard Variable Rate with Advantage Package*

$100,000 - $149,999

% p.a.

% p.a.

$150,000 - $249,999

% p.a.

% p.a.

$250,000 - $499,999

% p.a.

% p.a.

$500,000 - $749,999

% p.a.

% p.a.

$750,000 - $999,999

% p.a.

% p.a.

$1 Million +

% p.a.

% p.a.

Portfolio Loan Fixed Rate sub-accounts

Annual rate Advantage Package* Discount Fixed Rate with Advantage Package*
1 year fixed

4.79% p.a.

4.64% p.a.
2 year fixed 4.04% p.a. 0.15% 3.89% p.a.
3 year fixed 4.14% p.a. 0.15% 3.99% p.a.
4 year fixed 4.99% p.a. 0.15% 4.84% p.a.
5 year fixed 4.24% p.a. 0.15% 4.09% p.a.

All the features you need


  • You can make payments on your Portfolio Loan as often as you like, but at least monthly.
  • Interest will only apply to the outstanding balance.
  • On Variable Interest Rate sub-accounts you can make additional payments at any time.
  • On Fixed Interest Rate sub-accounts you can make additional repayments of up to $10,000 each year before break costs become payable.
  • Calculate what you could save by making extra payments.

24/7 access to funds

At ATMs, EFTPOS, Phone, Mobile Banking and Internet Banking4

Keeping your investment finances separate

  • Sub-accounts5 allow you to divide your Portfolio Credit Limit into individual parts, enabling you to keep your investments separate.
  • You can open up to 10 sub-accounts to suit your investment or lifestyle needs.
  • Sub-accounts may have different ownership structures to help you manage your tax and finances, but a sub-account holder must be one or more of the Portfolio Loan borrowers and any remaining borrowers must be guarantors to that sub-account. Each sub-account can have its own credit limit, and interest rate.
  • Your primary sub-account is always at the variable interest rate. You can also choose Fixed or Variable interest rates on all other sub accounts6.
  • You can lock in 1, 2, 3, 4 or 5 year Fixed Rates7.
  • Calculate how a Portfolio Loan can help you build your wealth.

Lock in a fixed rate

Rate lock lets you secure an advertised Fixed Rate on fixed rate sub-accounts for up to 90 days before your Portfolio Loan settles or the interest rate period on your current BankSA home loan ends7. A Rate Lock fee applies.

Easy reporting

Separate monthly statements for each sub-account to make managing investments easy.

Visa Debit Card

Link a Visa Debit card to your Portfolio Loan and shop securely wherever your Visa Debit card is accepted using money from your Portfolio Loan8.

Apply online

Apply now. It takes just 15 minutes!

Enquire online

Enquire now and a BankSA home loan expert will call at your preferred time

Call us

13 13 76. To talk with a BankSA home loan expert, say “New Mortgage” when prompted.

Visit a branch

Find your nearest branch

What you’ll need to apply


How to apply

Important information

Conditions, fees and credit criteria apply.

Before making a decision, it's best to read the terms and conditions:

Please read these documents and keep a copy.  You can request a paper copy at a branch.

The general information on our website is prepared without knowing your personal financial circumstances. Before you act on this general information, please consider if it's right for you. If you need help, call 13 13 76.

1. Property value as determined by BankSA. Generally, Lender's Mortgage Insurance is required on loans above 80% of the value of the property offered as security.

2. Advantage Package Terms and Conditions apply and are available at

3. Other upfront fees and costs may apply.

4. Subject to systems availability.

5. A sub-account holder must be one or more of the Portfolio Loan borrowers. The remaining borrowers on the Portfolio Loan must be guarantors on that sub account. Any Portfolio Loan borrower who is not a sub-account holder of a particular sub-account must guarantee that sub-account.

6. The Portfolio Loan variable rate must apply to your primary sub account.

7. Rate lock requests are subject to our approval. Fees apply.

8. Visa Debit Card available to customers who have an Australian residential address and are over the age of 14. If you are less than 14 years old and are a full time student, please contact us on 13 13 76 or visit any branch.

There may be tax consequences arising from this promotion for our business customers and rental property investors. This is not taxation advice. Customers should seek independent taxation advice on any taxation matters.

BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. (03/12)

Special interest rate discounts: In addition to the conditions set out above, the following interest rate discounts are only available in Advantage Package for Standard Variable Rate Loans and Portfolio Variable Rate Loans and for the following loan amounts: Loans between $150,000 and $249,999, % p.a. discount, for loans between $250,000 and $499,999, % p.a. discount. For loans greater than $500,000, % p.a. discount will be applied. Special rate discounts include the standard Advantage Package discount of % p.a. discount and do not apply to internal refinances and are not transferrable between loans. If you apply outside of the offer period, standard Advantage Package discounts will apply which are available at

There may be tax consequences arising from this promotion for our business customers and rental property investors. This is not taxation advice. Customers should seek independent taxation advice on any taxation matters.