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Pros and cons

  • Can apply online
  • Can apply in branch
  • Suitable for both new and used cars
  • Application fee charged
  • Monthly fee charged
  • Not the cheapest rate in the market

St.George Bank personal loans rates



Secured Personal Loan Fixed

Real Time Rating™


/ 5
Interest Rate


% p.a

Fixed up to 12.99%

Comparison Rate*


% p.a

Fixed up to 14.06%



based on $30,000 loan amount for 5 years at 4.99%

Upfront Fee


Redraw facility
Extra repayments
Fully drawn advance
Go to site
Total Repayments icon

Total repayments for a 5-year, $30,000 loan at 6.13% would be $33,960*. Terms from - years


Unsecured Personal Loan Fixed

Real Time Rating™


/ 5
Interest Rate


% p.a

Fixed up to 18.9%

Comparison Rate*


% p.a

Fixed up to 19.93%



based on $30,000 loan amount for 5 years at 6.89%

Upfront Fee


Redraw facility
Extra repayments
Fully drawn advance
Go to site
Total Repayments icon

Total repayments for a 5-year, $30,000 loan at 8.01% would be $35,549*. Terms from - years


Unsecured Personal Loan

Real Time Rating™


/ 5
Interest Rate


% p.a

Variable up to 18.9%

Comparison Rate*


% p.a

Variable up to 19.93%



based on $30,000 loan amount for 5 years at 8.89%

Upfront Fee


Redraw facility
Extra repayments
Fully drawn advance
Go to site
Total Repayments icon

Total repayments for a 5-year, $30,000 loan at 9.99% would be $37,269*. Terms from - years

Personal loan repayment calculator

Thinking about taking out a personal loan with St.George Bank? Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how St.George Bank personal loans compare with other options.

I'd like to borrow


Loan term

Credit Score ()

Your estimated repayment

at interest rate 4.99 %

Total interest payable


Total amount payable


How to Apply

Features of a St George Bank personal loan

St.George personal loans are structured with specific purposes in mind, whether they’re unsecured to consolidate deb, or secured to make major purchases. There are also options for fixed or variable interest rates, depending on if you’d prefer to keep your budgeting simple or to enjoy greater financial flexibility.

You can borrow $3,000 to $80,000 with a St.George personal loan, and repay it on a weekly, fortnightly or monthly basis over the course of one to five years for fixed-rate loans, or one to seven years for variable-rate loans.

If you’re an existing St.George bank customer, you may be eligible for special offers when you take out a St.George personal loan.

St.George personal loans can be used for a range of different purposes including:

  • Holidays
  • Medical bills
  • Weddings
  • Student fees
  • Debt consolidation
  • Renovations
  • Shares
  • Motor vehicles
  • Boats

St George Bank personal loans – customer service

St. George customers can contact the bank online, via email or on the phone. There is also a vast network of branches across Australia. Borrowers can also contact customer service via:

  • Online banking
  • Email
  • Phone
  • In store Monday - Saturday, 8am – 8pm (AEST)
  • Mobile banking

Who is eligible for a St George Bank personal loan?

To be eligible for a St. George personal loan, you’ll need to meet the following criteria:

  • Be 18 years or older
  • Australian permanent resident
  • Have a regular source of income
  • Have a good credit history

How to apply for a St George Bank personal loan?

To apply for a St. George personal, borrowers can apply online through the St. George website, in store or over the phone. The application process takes around 10 minutes and involves the following steps:

  • Once you’ve compared your personal loan options, you can apply online through the St. George website
  • St. George Bank will then review your application and may ask you for more information
  • If approved, you can accept review and accept the contract online
  • Once accepted, the funds are paid directly into your loan account

At the time of application, you’ll need to provide the following documentation:

  • Proof of identity
  • Proof of income and employment
  • Details of any other financial commitments
  • Details of additional assets

St George Bank personal loans review

With several different options available for St.George’s personal loans, it’s possible to select a loan that’s ideally suited to your personal needs and financial situation.

If you’re looking for a low interest rate, the secured fixed-rate personal loan has a rate that’s lower than the market average. The interest rates on St.George’s other personal loan offers are closer to the market average.

All of St.George’s personal loan offers have the same upfront fees and monthly charges, which are also higher than the market average for personal loans.

The ability to make extra repayments on all of St.George’s personal loans is useful, however a redraw facility is offered only on the variable rate options.

If you’re an existing St.George customer, you may be eligible for other limited time offers on St.George personal loans, such as having your establishment fee waived.

Learn more about personal loans

Can you refinance a $5000 personal loan?

Much like home loans, many personal loans can be refinanced. This is where you replace your current personal loan with another personal loan, often from another lender and at a lower interest rate. Switching personal loans may let you enjoy more affordable repayments, or useful features and benefits.

If you have a $5000 personal loan as well as other debts, you may be able to use a debt consolidations personal loan to combine these debts into one, potentially saving you money and simplifying your repayments.

Do student personal loans require security?

While some personal loans can be secured by the value of an asset, such as a car or equity in a property, student personal loans are often unsecured, which typically have higher interest rates.

Some lenders also offer guarantor personal loans to students. These loans have lower interest rates, as a guarantor (usually a relative of the borrower with good credit) will fully or partially guarantee the loan, taking on the financial responsibility if the borrower defaults.

Should I get a fixed or variable personal loan?

Fixed personal loans keep your interest rate the same for the full loan term, while interest rates on variable personal loans may be raised or lowered during your loan term.

A fixed rate personal loan keeps your repayments consistent, which can help keep your budgeting consistent. You won't have to worry about higher repayments if your rates were to rise. However, on a fixed loan you’ll also potentially miss out on more affordable repayments if variable rates were to fall.

What is the average interest rate on personal loans for single parents?

Like other types of personal loans, the average interest rate for personal loans for single parents changes regularly, as lenders add, remove, and vary their loan offers. The interest rate you’ll receive may depend on a range of different factors, including your loan amount, loan term, security, income, and credit score.

What is a bad credit personal loan?

A bad credit personal loan is a personal loan designed for somebody with a bad credit history. This type of personal loan has higher interest rates than regular personal loans as well as higher fees.

What are the Westpac personal loan eligibility criteria?

The process to apply for a personal loan from Westpac is simple and can be done online. To be eligible for a Westpac Bank personal loan, you must meet the eligibility criteria. These include:

  • You should be over 18 years old
  • You must be a permanent resident or hold a valid visa with confirmed employment in Australia
  • You should earn a regular and permanent income of at least $35,000 before taxes

If you feel you meet these eligibility criteria, you can apply for a personal loan with Westpac. With your application form, you’ll also have to submit the following documents:

  • Personal details including name, contact information, and residential address 
  • Proof of identity such as drivers licence or passport details
  • If you’re self-employed, you’ll need a list of assets, savings, investments, and liabilities as well as your most recent tax return information
  • If you’re an employee you’ll need to submit information related to your employment and finances like bank statements and payslips

Westpac Australia personal loans are available for amounts from $4,000 up to $50,000 and loan terms of up to seven years.

Can single mothers get personal loans online?

Many lenders offer online applications for personal loans, which can be convenient for borrowers who have busy lives. If you’re not confident your personal loan application will be approved, you may want to consider contacting the lender by email, live chat, phone, or by visiting a branch, to discuss your situation before applying.

How much can you borrow with a bad credit personal loan?

Borrowers who take out bad credit personal loans don’t just pay higher interest rates than on regular personal loans, they also get loaned less money. Each lender has its own policies and loan limits, but you’ll find it hard to get approved for a bad credit personal loan above $50,000.

Are there low doc personal loans?

Self-employed borrowers may be eligible for low doc personal loans, which require less documentation in their application process than many other personal loan options.

It’s important to remember that though low doc personal loans may require less paperwork, you may need to provide additional security, or pay a higher interest rate.

What do single parents need for a personal loan application?

Much like applying for other personal loans, applying for personal loans for single parents will likely require the following:

  • Proof of identity
  • Proof of residence
  • Proof of income
  • Details of assets (e.g. car, home)
  • Details of liabilities (e.g. credit cards, other loans)
  • Loan amount
  • Loan term

Can I get a no credit check personal loan?

Personal loans with no credit checks are available and called ‘payday loans’. These are sometimes used as short-term solutions for cash-strapped Australians. They often carry higher interest rates and fees than regular personal loans, and individuals risk putting themselves into a worsened cycle of debt.

What are the pros and cons of personal loans?

The advantages of personal loans are that they’re easier to obtain than mortgages and usually have lower interest rates than credit cards.

One disadvantage with personal loans is that you have to go through a formal application process, unlike when you borrow money on your credit card. Another disadvantage is that you’ll be charged a higher interest rate than if you borrowed the money as part of a mortgage.

Can unemployed single parents get personal loans?

It can be more difficult for unemployed borrowers to successfully apply for a personal loan. Most lenders require borrowers to have a regular income available to cover the cost of loan repayments.

If you’re self-employed, or if less than half of your income comes from Centrelink, you may not be eligible for some personal loan options. Consider contacting the lender before applying.

Is a personal loan a variable or fixed-rate loan?

Depending on the personal loan lender, you may be able to choose between a fixed and a variable interest rate. But, there are a few distinct differences between the two, so it’s important to weigh up the pros and cons before deciding on what’s right for you.

A fixed interest rate loan gets you the convenience of knowing exactly how much you need to repay each fortnight or month. On the other hand, you generally won’t be able to make lump sum or advanced payments to close your personal loan early - or at least not without a penalty.

With a variable interest rate personal loan, you may be able to get a longer loan repayment term, with the option of paying off the loan early. You typically won’t need to pay any additional charges for an early full repayment either. The potential disadvantage with an interest rate that can change is that your repayment is not entirely predictable, as it can fluctuate with the market. However, you’ll likely have more options as more lenders offer a variable interest rate personal loan.

How long does it take to get a student personal loan?

Completing an online personal loan application can often take anywhere from 10 minutes to 1 hour. Depending on your lender, processing your personal loan application may take anywhere between 1 and 24 hours. If your personal loan application is approved, you may receive the money in your bank account the following business day, or, in some cases, the same day.