BankSA Unsecured Variable Rate Personal Loan
The BankSA Unsecured Variable Rate Personal Loan offers rates from 7.49% p.a. (8.54% p.a. comparison rate*). on loans of $2,000 to $50,000.
Updated 10 July 2025
* See details below
The BankSA Unsecured Variable Rate Personal Loan is an unsecured loan offering variable interest rates ranging from 7.49% to 20.59% p.a., with a comparison rate between 8.54% and 21.59% p.a.* Loan amounts are available from $2,000 up to $50,000, with terms spanning 1 to 7 years. An establishment fee of $250 applies upfront, along with a monthly ongoing fee of $15. Additionally, a loan closure fee of $150 may be charged.
According to Stay or Go's personal loan comparison review, this product ranks among the lowest 1% for interest rates compared to other unsecured variable rate loans on the market. It may be a good choice if you’re looking to consolidate debt, renovate your house, or go on that holiday. Other benefits include same-day loan financing and the flexibility to redraw any additional repayments made previously.
•
•
$15 ongoing monthly fee
•
Other fees may apply.
•
Fixed rate from 7.49% to 20.59% p.a.
•
From $2,000 to $50,000
•
1, 2, 3, 4, 5, 6 or 7 years
•
Unsecured loan
•
Redraw extra repayments that you have made
Before applying for this product, you should read the Target Market Determination (TMD) available here on the BankSA website.