BankSA Personal Loans

Rates and fees last updated on

Find out more about the range of BankSA personal loans.

If you're after a flexible personal loan, the offerings from BankSA are worth considering. You can use a loan from this lender for various purposes, ranging from buying a car to consolidating your debt. Each loan comes with different features and benefits, with you having the option of choosing between fixed or variable interest rates and a secure or unsecured option.

BankSA Personal Loan Offer

BankSA Unsecured Personal Loan

from

12.99 % p.a.

variable rate

from

14.06 % p.a.

comparison rate

  • Redraw feature available
  • Borrow up to $40,000
  • Fixed or variable rates option
Security Logo

100% confidential application

BankSA Personal Loan Offer

A competitive personal loan from an award winning Bank

  • Interest rate from: 12.99% p.a.
  • Comparison rate: 14.06% p.a.
  • Interest rate type: Variable
  • Application fee: $195
  • Minimum loan amount: $3,000
  • Maximum loan amount: $40,000
Go to site

Compare BankSA's personal loan offerings

Rates last updated June 26th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment Product Description
BankSA Unsecured Personal Loan
From 12.99% (variable)
14.06%
$3,000
1 to 7 years
$195
BankSA allows you to borrow up to $40,000 with your choice of a fixed or variable rate.
BankSA Fixed Rate Car Loan
From 6.99% (fixed)
8.11%
$3,000
1 to 5 years
$195
Apply for a fixed rate car loan from multi-award winning BankSA.
BankSA Get Set Loan
From 17% (variable)
$5,000
$150
The BankSA Get Set Loan is a line of credit offering flexible payment options.
BankSA Overdraft
From 14.99% (variable)
$500
$0
The BankSA Overdraft allows you access to extra funds if you need it.

Compare up to 4 providers

  • Secured Personal Loan. Using your car as security, you can get a loan with a lower interest rate for a term of 1 year(s) to 7 year(s). This can come at a fixed or variable rate with flexible repayments to help you pay off your loan according to your own budget.
  • Unsecured Personal Loan. The Unsecured Personal Loan also comes with the option of fixed or variable interest rates. A redraw facility is available for variable rate loans and extra repayments are accepted.
  • Get Set Personal Loan. This is a combined Visa Debit card and cheque account to help you easily access the money repaid on your loan. It comes with no specified repayment period or expiry date and is only charged on the original loan amount.
  • Unsecured Personal Overdraft. Get access to funds easily and quickly paying interest only on the overdraft limit. The overdraft will be linked directly to your BankSA Complete Freedom or Express Freedom transaction account and will be able to be accessed 24 hours a day.

Features and benefits of a BankSA personal loan

BankSA offers a number of competitive benefits with its personal finance products.

  • Fixed or variable rates. Many of its loans give you the choice of fixed between a fixed or variable interest rate. This lets you decide between flexibility or having your repayments remain the same during your loan term.
  • Loan terms. Terms are available up to 7 year(s), making it suitable for a range of needs and situations.
  • Various loan amounts available. You can apply for a loan up to $80,000 secured or $40,000 unsecured, helping you to finance whatever you need.
  • Flexible repayment options. If you opt for the variable rate loan, you can make extra repayments whenever you like, and you can take advantage of the redraw facility should you need to. All loans come with the option of weekly, fortnightly or monthly repayments to suit your pay cycle.

What other products are available from BankSA?

BankSA offers a wide range of financial products and services that can be used for personal, business and corporate purposes.

  • Bank accounts. Apply for savings accounts, everyday accounts or term deposits with BankSA for your everyday banking needs.
  • Home loans. A Standard Variable Rate and Fixed Rate Home Loan are available at competitive rates from BankSA.
  • Insurance products. You can opt for Home and Contents Insurance, Car Insurance and even Travel Insurance from the bank.
  • Credit cards. Low rate, rewards and no annual fee credit cards are available for application.
  • Investments and super. Share trading with its directshares product plus superannuation and term deposits products are available.

Ready to apply?

If you've found a personal loan to apply for from BankSA's suite of products, click "Go to Site" to submit your application. To apply for a personal or car loan from BankSA you'll need to have an Australian residential address and also be 18 or over.

Make sure you have the following details on hand:

  • Your current employer's name and contact details
  • If you're self-employed, your tax information
  • Weekly after-tax income details
  • Assets, savings and investments
  • Any amounts you owe on your credit cards and store accounts
  • Your expenses
  • One personal reference including their name, address and contact number

The application won't take longer than 15 minutes, but make sure you've compared your options before submitting your application so you know BankSA is the right lender for you.

Was this content helpful to you? No  Yes

Related Posts

This page was last modified on 24 May 2017 at 3:03pm.

RateSetter Personal Loan

Ratesetter allow you to get a personalised rate based on your credit score.

Citi Personal Loan Plus

Borrow up to $75,000. All approved applicants will receive the advertised variable rate of 11.99% p.a.

CUA Discount Variable Personal Loan (Loans over $30,000)

Apply for a loan over $30,000 and enjoy a discounted interest rate

MyState Unsecured Personal Loan

Apply for up to $50,000 and make additional repayments without penalty.

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

4 Responses to BankSA Personal Loans

  1. Default Gravatar
    | May 7, 2017

    I am a casual employee and make $5000 a month before tax I also receive single parenting payment how long do I need to be in employment before applying for a loan ? I am starting a second job soon too thanks

    • Staff
      Anndy | May 8, 2017

      Hi Donna,

      Thanks for your question.

      I can’t find any information as to the required number of months you have been a casual employee before you can apply for BankSA Personal Loans. But you need to be over the age of 18 and a permanent Australian resident to apply for a loan with the same lender.

      You may also check this page to compare other loan options for casual employees.

      Cheers,
      Anndy

  2. Default Gravatar
    Maree | February 16, 2017

    I am on a single DSP do you think I would be eligible for a loan.. after rent.. bills taken out by centrelink I pay for power.. food.. I have $550 fortnight left… I am in need of a car… I have found one that is $10,000… 6years old

    • Staff
      Anndy | February 17, 2017

      Hi Maree,

      Thanks for your question.

      BankSA accepts all Centrelink payments as a form of income, for the purpose of loan application, except Newstart.

      You may also check this page to compare other banks and lenders that may consider you for a loan.

      Cheers,
      Anndy

Ask a question
feedback