Why choose an Unsecured Personal Loan?
Est. fee Saving you a total of $195
Complete an application for a new BankSA Unsecured Personal Loan and you could get set up without having to pay our standard establishment fee. Offer ends 28 February 2018.
1-7 years flexible loan term
From 12.99% p.a. variable interest rate *
14.06% p.a. comparison rate^
Pay your loan off sooner with fewer fees
1-5 years flexible loan term
From 12.99% p.a. fixed interest rate *
14.06% p.a. comparison rate^
Set repayments for simpler budgeting
You also get…
Flexible loan repayments
Choose a loan term of 1-7 years to suit your circumstances and make weekly, fortnightly or monthly repayments.
Redraw facility on variable rate loans
Redraw a minimum of $500 from your loan amount if you need to, provided you’re at least $500 ahead on your repayments. Each request is subject to approval and a fee.
Internet banking access
Manage your loan and track repayments online or through your mobile banking app.
$0 Establishment fee ^^
$12 Monthly administration fee
$10 Per redraw on variable loans
$150 Early repayment fee if you fully repay the loan within the first 12 months
(you will also have to pay break costs on early repayment of a fixed rate loan)
$100 Early repayment fee if you fully repay the loan after the first 12 months and before the end of the loan term (you will also have to pay break costs on early repayment of a fixed rate loan)
$9 Fee when a direct debit order for payment from another institution is dishonoured
How to apply for a loan
Credit criteria, fees, charges, terms and conditions apply.
The advice on our website is prepared without knowing your personal objectives, financial situation or needs. Before you act on this or any advice, please consider if it's right for you. Read the above product disclosure documents as well as the before making a decision and consider whether the product is appropriate for you. If you need help, call 13 13 76.
^^The $0 establishment fee offer is available to all customers who complete an application for a new BankSA Unsecured Personal Loan via the ‘Get started’ or ‘Apply now’ button on this webpage, by phone or visiting a branch. Offer ends 28th February 2018. This offer is only available for the Unsecured Personal Loan product and cannot be used in conjunction with any other offer. Credit criteria, fees, and charges apply. Terms and conditions available on request. All other fees outlined on the product page and in the product disclosure statement apply.
^ Comparison rates help you understand the true cost of a loan. They usually include the annual interest rate plus most fees and charges. The above comparison rates are based on an unsecured personal loan of $30,000 over 5 years and are only true for this example. Interest rate ranges and representative examples are: Based on an unsecured loan of $30,000 borrowed for 5 years with the minimum interest rate of 12.49% p.a. (13.37% p.a. comparison rate), the estimated total amount payable including fees is $41,470; and with the maximum interest rate of 19.99% p.a. (21.02% p.a. comparison rate), the estimated total amount payable including fees is $48,709. WARNING: This comparison rate applies only to the example or examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.