St.George Get Set Loan

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A flexible line of credit with all the benefits of a personal loan.

A variable interest rate, flexible repayments, and the ability to access your credit anytime you need it is all on offer with this loan. The Get Set Loan from St.George is a line of credit that offers you a flexible solution to your credit needs, with the purpose of the loan amount being up to you.

From 17% (variable)

Interest Rate (p.a.)


Min Loan Amount

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Product NameSt.George Get Set Loan Personal Loan
Interest Rate (p.a.)
From 17% (variable)
Interest Rate TypeVariable
Min Loan Amount$5,000
Max. Loan Amount$50,000

Main points to consider with the St. George Get Set Loan

This line of credit comes with a variable interest rate, meaning it can fluctuate over the terms of your loan. St. George gives you online account management access to your loan amount. There is a $150 establishment fee for this loan and monthly repayment of $50 or 1.25% of the outstanding balance, whichever is higher.

Features of the St. George Get Set Loan

This loan comes with a range of competitive features and benefits that should be considered:

  • Interest rate. This line of credit comes with a variable interest rate of 17% p.a.
  • Credit limit. St. George offers credit limits of between $5,000 and $50,000. The limit you're approved for will depend on your individual financial circumstances.
  • Get Set Protect. This feature protects you should you find yourself unable to meet your loan repayments if you fall ill, have an accident, lose your job or pass away.
  • Loan terms. As a line of credit, there is no set repayment terms and no expiry date, offering you greater flexibility.
  • Access. You'll have access to your money 24/7 through internet banking.
  • Loan purpose. The loan purpose is unrestricted and you can use the amount for anything you want, whether it be for a holiday or even to fund your wedding.


Before you take out this loan, there are a few fees that you should be aware of:

  • Establishment fee: $150, payable when the loan is set up.
  • Administration fee: $12, payable each month.
  • Payment dishonour fee: $12, payable each time a direct debit or payment from another bank or institution is dishonoured.
  • Payment honour fee: $12, payable for each transaction honoured that exceeds your available credit.
  • Monthly repayments: Pay $50 or 1.25% of the outstanding balance plus the monthly interest charge and administration fee, whichever is higher.

How you can apply

You'll need to be over the age of 18 and be a permanent Australian resident to apply.

The application will take 10 to 15 minutes to complete and you can expect a response immediately after your application. You'll need to have the following information on hand:

  • Your driver's licence number
  • The weekly after-tax income details for each applicant
  • Details of your assets, savings and investments
  • The repayment amounts and balances owing on any liabilities, including credit and store cards.

Personal Loan Offers

Important Information*
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Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 10.5% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants. Note: These rates are available until 2 February 2021. Credit, eligibility criteria and terms & conditions apply.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

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    Default Gravatar
    October 18, 2017


    I am a 457 4-year working visa holder. Just wondering if I’ll be allowed to apply for this kind of loan for my wife’s education expenses.
    Thank you

      Default Gravatar
      October 18, 2017

      Hi Marc,

      Unfortunately, you’d need to be a permanent Australian resident in order to apply for the St. George Set Loan.

      You may want to check on this page for lenders that offer Personal Loans to Temporary Residents.

      Before applying, please ensure that you meet the eligibility criteria and requirements and to read the details, as well as the relevant Product Disclosure Statements/ Terms and Conditions of the option before making a decision and consider whether the product is right for you.

      Also, please be guided on this page regarding 457 Visas.


    Default Gravatar
    August 24, 2016

    I am a now United Nations disability Pensioner I was injured on duty in the Netherlands my pensions go into a Netherlands Bank account and then to Australia, we have been doing this since 2008, Can I apply for a loan still. We are Australian Citizens born here and worked all our lives here except for 6 Years In Holland. That is why the pension goes into our Account there.

      Avatarfinder Customer Care
      August 24, 2016

      Hi Ken and Christine,

      If you have proof of your income (you mentioned you regularly transfer the money into your Australian account) then you should be able to apply. You still receive a regular income so if you have documents to show this St.George can make an assessment based off this. The minimum criteria for this loan is that you’re over the age of 18 and a permanent resident and have the ability to repay the loan.

      If you have concerns regarding your eligibility it would be best to contact St.George directly.

      I hope this helps,


    Default Gravatar
    May 24, 2016

    Hi, what is the minimum pay off period of this loan? For the sake of argument, may I pay off $5000 within 3 months?

      Avatarfinder Customer Care
      May 25, 2016

      Hi Amber,

      The minimum monthly repayment is $50 or 1.25% of the outstanding balance, whichever is higher.

      Hope this helps,


      Default Gravatar
      May 25, 2016

      Hi Elizabeth, what I am asking is if I am allowed to pay off the loan within a short period of time. Most loans have a minimum repayment period of 1 year. What happens if I pay off the loan in 3 months? Will there be any penalty?

      Avatarfinder Customer Care
      May 26, 2016

      Hi Amber,

      Apologies I misread your question.

      As this is a line of credit loan there is no repayment term, but there is also no early repayment penalty with this loan and no early exit fee so you can pay off the entire balance whenever you like and not be charged any penalty.

      Hope this clarified things,


    Default Gravatar
    May 6, 2016

    Is the Get Set Loan a secured or unsecured loan?

      Avatarfinder Customer Care
      May 6, 2016

      Hi Patricia,

      The St.George Get Set Loan is an unsecured line of credit loan. You’ll be offered a credit limit and you can draw up to and including that limit.

      Hope this helps,


    Default Gravatar
    December 8, 2015

    With a get set line of credit loan what is the amount that would need to be paid off each month for a loan of 35,000 for example.
    Can you re-use the amount you pay off if you want and is there any penalties for paying the amount of at any time as there is no expiry date?

    I am considering switching my loans to one bank.



      Avatarfinder Customer Care
      December 9, 2015

      Hi Deborah,

      Thanks for your question.

      You need to pay off $50 or 1.25% of the outstanding balance plus the monthly interest charge (13.75%) and administration fee($9), whichever is higher. Whatever repayments you make on the loan become available to you again in the form of credit. You need to make monthly repayments on the loan but you are correct, there is no expiry date on the loan term and the credit limit will be ongoing as long as you keep making the monthly repayments.

      I hope this has helped.



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