Do you have the right personal loan for your needs?
Consider your loan requirements and then find the loan that suits your needs. Our range of personal loans offer flexibility of loan term, competitive interest rate, and a choice of repayment options.
Fixed or variable – which is better suited to your needs?
A fixed rate loan gives you the security of knowing what your repayments are and protects you against interest rate rises for the life of the loan.
A variable rate loan gives you flexibility, as you make extra payments and you can apply to redraw those funds if you need them. The interest rate is not fixed, so it may vary over the term of the loan.
An early repayment fee applies to both fixed and variable personal loans if the loan is fully repaid before the end of the loan term. Refer to the Personal Loans Fees and Charges for more information.
Make repayments automatically
Making loan repayments automatically via direct debit could save you the hassle of having to make manual payments on time and can help avoid fees for missed or late payments.
When you have a direct debit set up you can avoid fees for missed or late payments by ensuring that you have enough money in the account that is being debited when the repayment is due. You can organise for your loan repayments to be made from your nominated account on the same day your salary is credited to your account.
Monitor your personal loan
We have a number of ways for you to monitor your personal loan, Get Set loan (no longer for sale) or Personal Overdraft and ensure you avoid these types of fees. These include;
Internet and Phone Banking
Enquiring over the phone or at any BankSA branch
If you would like more information on any of the fees that may apply to your personal loan, please speak to us on 13 13 76.
Any advice on this website is general in nature and has been prepared without considering your objectives, financial situation or needs. Please read the product disclaimer and Terms and Conditions documents and consider your individual circumstances before applying for a BankSA Personal Loan. Credit criteria, fees, charges, terms and conditions apply. Information correct as of 10 February 2021.
Unless otherwise specified, the products and services described on this website are available only in Australia from BankSA - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.