Compare Bank SA home loans against loans from 100+ providers.

Find the home loan to best suit your needs. Compare reviews, interest rates, fees and features with Ratecity to make sure you get the right loan.

From humble beginnings, BankSA now serves one in four South Australians, with the largest network of branches and ATMs in the state.  

BankSA first opened in March 1848 with a single room office under the original name the Savings Bank of South Australia. Since then, it has had a colourful history, changing ownership and names several times, even collapsing in 1991. Now BankSA is part of the Westpac Banking Corporation.

BankSA has 3,800 staff, 800,000 customers and 38,000 shareholders.

BankSA home loans

Basic Home Loan (Principal and Interest) (New Customer)SpecialEstablishment fee waived for Basic home loans greater than $150,000 and received from 2017
Advertised rate
3.64%
Variable
Upfront fee
$264.00
Comparison rate*
3.65%
Ongoing fee
$0
Compare
Basic Investment Loan (Principal and Interest) (New Customer)
Advertised rate
4.19%
Variable
Upfront fee
$264.00
Comparison rate*
4.20%
Ongoing fee
$0
Compare
Advantage Package Variable Home Loan (Principal and Interest) (New Customer) ($250k-$500k)
Advertised rate
4.41%
Variable
Upfront fee
$0
Comparison rate*
4.81%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) (New Loans) 3 Years
Advertised rate
3.85%
Fixed - 3 years
Upfront fee
$0
Comparison rate*
4.87%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) 3 Years
Advertised rate
3.99%
Fixed - 3 years
Upfront fee
$0
Comparison rate*
4.91%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) (New Loans) 2 Years
Advertised rate
3.85%
Fixed - 2 years
Upfront fee
$0
Comparison rate*
4.94%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) 2 Years
Advertised rate
3.89%
Fixed - 2 years
Upfront fee
$0
Comparison rate*
4.95%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) 5 Years
Advertised rate
4.39%
Fixed - 5 years
Upfront fee
$0
Comparison rate*
4.97%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) 4 Years
Advertised rate
4.39%
Fixed - 4 years
Upfront fee
$0
Comparison rate*
4.99%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Home Loan (Principal and Interest) 1 Year
Advertised rate
4.09%
Fixed - 1 year
Upfront fee
$0
Comparison rate*
5.04%
Ongoing fee
$395 annually
Compare
Fixed Rate Home Loan (Principal and Interest) 3 Years
Advertised rate
4.14%
Fixed - 3 years
Upfront fee
$864.00
Comparison rate*
5.09%
Ongoing fee
$10 monthly
Compare
Fixed Rate Home Loan (Principal and Interest) 2 Years
Advertised rate
4.04%
Fixed - 2 years
Upfront fee
$864.00
Comparison rate*
5.16%
Ongoing fee
$10 monthly
Compare
Fixed Rate Home Loan (Principal and Interest) 1 Year
Advertised rate
4.24%
Fixed - 1 year
Upfront fee
$864.00
Comparison rate*
5.28%
Ongoing fee
$10 monthly
Compare
Advantage Package Fixed Rate Investment Loan (Principal and Interest) (New Loans) 3 Years
Advertised rate
4.19%
Fixed - 3 years
Upfront fee
$0
Comparison rate*
5.37%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Investment Loan (Principal and Interest) 3 Years
Advertised rate
4.29%
Fixed - 3 years
Upfront fee
$0
Comparison rate*
5.39%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Investment Loan (Principal and Interest) (New Loans) 2 Years
Advertised rate
3.99%
Fixed - 2 years
Upfront fee
$0
Comparison rate*
5.42%
Ongoing fee
$395 annually
Compare
Advantage Package Fixed Rate Investment Loan (Principal and Interest) 2 Years
Advertised rate
4.19%
Fixed - 2 years
Upfront fee
$0
Comparison rate*
5.46%
Ongoing fee
$395 annually
Compare
Fixed Rate Investment Loan (Principal and Interest) 3 Years
Advertised rate
4.44%
Fixed - 3 years
Upfront fee
$864.00
Comparison rate*
5.58%
Ongoing fee
$10 monthly
Compare
Advantage Package Fixed Rate Investment Loan (Principal and Interest) 1 Year
Advertised rate
4.49%
Fixed - 1 year
Upfront fee
$0
Comparison rate*
5.58%
Ongoing fee
$395 annually
Compare
Fixed Rate Investment Loan (Principal and Interest) 2 Years
Advertised rate
4.34%
Fixed - 2 years
Upfront fee
$864.00
Comparison rate*
5.67%
Ongoing fee
$10 monthly
Compare
Advantage Package Portfolio Loan Fixed (New Loans) 2 Years
Advertised rate
4.29%
Fixed - 2 years
Upfront fee
$700.00
Comparison rate*
6.05%
Ongoing fee
$395 annually
Compare
Advantage Package Portfolio Loan Fixed 2 Years
Advertised rate
4.45%
Fixed - 2 years
Upfront fee
$700.00
Comparison rate*
6.08%
Ongoing fee
$395 annually
Compare
Advantage Package Portfolio Loan Fixed (New Loans) 1 Year
Advertised rate
4.39%
Fixed - 1 year
Upfront fee
$700.00
Comparison rate*
6.21%
Ongoing fee
$395 annually
Compare
Pros:
  • Flexible repayment options.
  • Package and specialised loans available.
  • Interest-only payments.
Cons:
  • High standard variable rate.
  • Branch access limited to SA and NT.
BankSA customer service:

BankSA offers customers a number of contact options for their financial products and services. These include a number of specialised phone lines for personal and business banking and a dedicated financial hardship line for those facing difficulties in repaying their loans. Customers can also contact the bank online, via email, a general phone line, or visit BankSA staff in person at a local branch. 

  • Customer service centre (phone, email, branch)
  • Mobile app
  • Online banking
  • Live Chat
  • Mobile banking staff

How to Apply

Potential BankSA customers can apply for a home loan in a number of ways. An online application form is available at on the BankSA website and customers will receive indicative approval within 10 minutes and will be contacted by a staff member. Applications can also be completed by phone or by visiting a BankSA branch. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This may include:

  • Personal identification documents.
  • Proof of income and employment.
  • Personal insurance documents.
  • Information on existing property, liabilities and loans.

Refinancers will also need to provide evidence of their existing loan and current payout quote.

Compare your product with the big 4 banks, or add more products to compare
As seen on