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Why choose an Unsecured Personal Loan?

Borrow between $2k-$50k

Choose a loan size that suits you based on the amount of debt you need to consolidate.

Borrow without an asset as security

With an unsecured personal loan, you don't have to offer your car as security for your loan.

Redraw facility on variable rate loans

Redraw money from the amount you've repaid if you need to, provided you're at least $500 ahead on your repayments. Each request is subject to approval and a fee.1

$200 Bunnings eGift Card when you take out a new loan*

Get a little extra on top when you take out a new personal loan.

Please make sure your email is included in your application to receive your eGift Card.

Credit criteria, fees, charges and T&Cs apply.

Repayment calculator

This calculator helps you estimate how much your personal loan repayments could be#.

 

You can borrow between $2,000 - $50,000

You can select a loan term between 1 and 5 years

You can select a loan term between 1 and 7 years

What you could use this loan for

Simplifying finances
Consolidate debts to a single loan, with one rate, regular repayment and set of fees.
Home renovations
Make those home improvements you’ve been thinking about.
Set of wheels
Car, motorcycle - even a boat or a jet ski (okay, no wheels on those, but you get the idea).
Something else
Whether it's your big day, school fees or unexpected costs, our Unsecured Personal Loan could help.

Fixed rate

  • From 11.49% p.a. fixed interest rate
  • From 12.57% p.a. comparison rate^
  • 1-5 years flexible loan term
  • Set repayments for simpler budgeting

Variable rate

  • From 12.99% p.a. variable interest rate
  • From 14.06% p.a. comparison rate^ 
  • 1-7 years flexible loan term  
  • Pay your loan off sooner with fewer fees

Key fees

  • $195 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
  • $100 Early repayment fee if you fully repay the loan after the first 12 months and before the end of the loan term
  • Break cost If you choose to repay your fixed rate loan early in full or prepay at least $5,000 in any 12 month period or if your fixed rate loan is in default - break costs may apply. These costs are equal to the reasonable estimate of our loss for breaking a fixed loan term. Please refer to the Personal Loan Terms and Conditions for more details. 

Prep for application success

COVID-19 has impacted the time it takes to process and follow up on incomplete applications. To ensure we assess your application in a timely manner, please read the following sections carefully before applying.

  • Be aged 18 years or over
  • Have a regular permanent income before tax of at least $35,000 p.a.
  • Be an Australian citizen or have a permanent residency visa
  • If you’re a non-resident, have confirmed employment in Australia.

How to apply for a loan

1.
Apply online in 10 minutes – 5 minutes for existing customers – depending on your internet connection.
2.
We’ll then review your application and may ask you for more detail to verify your income.
3.
Once your application is approved, we’ll invite you to review and accept the contract online.
4.
Upon final approval, we’ll credit the funds into your loan account.

The Detail

Before making a decision, please read these documents to ensure you’re aware of all fees, charges and interest rates.
Terms and conditions
General details of our personal loan products
Fees and charges
All costs for specific personal loan services and accounts

Important information

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 Internet and Phone Banking Terms and Conditions (PDF 255KB) before making a decision and consider whether the product is appropriate for you. If you need help, call 13 33 30.

*$200 Bunnings Warehouse eGift card offer: This offer is only available to customers who apply and are approved for a new Unsecured or Secured Personal Loan and sign the loan contract via e-contract between 10 November 2020 and 19 January 2021. You must provide your email address at the time of application to receive the eGift Card. Applicants can apply by calling 13 33 30, visiting a branch or via the online ‘Apply now’ application button. This offer is available to single applicants only and cannot be used in conjunction with any other offer and may be varied or withdrawn at any time. Limit of one eGift Card per customer. Read the product Terms and Conditions before deciding and consider whether a Personal Loan is appropriate for you. If you need help, call 13 33 30.

You will be sent a unique redemption code via email along with instructions on how to redeem your Bunnings Warehouse eGift Card online, within 12-15 weeks of signing your new loan contract. You must follow the redemption instructions and activate your redemption code within 85 days of receiving your code. After this point, the code to redeem will expire and you will not be able to redeem the Bunnings Warehouse eGift Card. Bunnings Warehouse eGift Cards do not have an expiry date. Please check your Bunnings Warehouse eGift Card for usage instructions. Terms and Conditions of the Bunnings Warehouse eGift Card is available on the website https://www.bunnings.com.au/online-gift-cards-terms. Bunnings Warehouse eGift Cards are non-refundable and not redeemable for cash. The interest rate may vary based on the value of the car you offer as security.

^Comparison rates: Comparison rates help you understand the true cost of a loan. All comparison rate examples shown are for a personal loan amount of $30,000 and a term of 5 years. WARNING: Comparison rates apply only to the example or examples given and may not include all fees and charges. Different loan 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.

Our personalised pricing means the interest rate on an approved application may vary, based on the information you provided and our credit assessment criteria. Personalised pricing interest rates are from 11.49% p.a. to 18.90% p.a. Rates may change and margins may apply in some circumstances. Your loan is more likely to be approved if you’ve been with St.George for six months or more.

Unsecured Personal Loan repayment terms range from 1 to 5 years for a fixed rate loan and 1 to 7 years for a variable rate loan. Interest rate ranges and representative examples are based on an unsecured loan of $30,000 borrowed for 5 years:

  • The minimum interest rate for an unsecured fixed rate loan is 11.49% p.a. (Comparison rate 12.57% p.a.) with the estimated total amount payable including fees is $40,555.
  • The maximum interest rate for an unsecured fixed rate loan is 17.40% p.a. (Comparison rate 18.44% p.a.) with the estimated total amount payable including fees is $46,136.
  • The minimum interest rate for an unsecured variable rate loan is 12.99% p.a. (Comparison rate 14.06% p.a.) with the estimated total amount payable including fees is $41,932.
  • The maximum interest rate for an unsecured variable rate loan is 18.90% p.a. (comparison rate 19.93% p.a.). The estimated total amount payable including fees is $47,617.


1. Redraw requests are subject to approval. Minimum redraw amount $500 and a redraw fee applies for each approved request. Other fees and charges may be payable.

# Repayment Calculator assumptions
Any calculation made by you using this calculator is intended as a guide only.  It is for illustrative purposes only and is based on the accuracy of the information provided.  The calculator does not take stamp duty or other government charges into account.  The calculations does not constitute an offer from St.George.

Length of month
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days' interest dependent on the number of days in the particular month.

Number of weeks & fortnights in a year
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.

Rounding of amount of each repayment
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts.

Interest Rate
The interest rates represented on this page are St.George's standard interest rates and exclude any package or promotional discounts and are subject to change.