What it can cover
- Flights and accommodation.
- A trip to see family interstate or overseas.
- Travel for a wedding, a birth or another family event.
- Travel insurance.
Check these before you borrow
Budget with the loan cost
Add the cost of the loan to the cost of the trip. Use the calculator to see the total.
Think about saving first
Saving for a few months costs nothing, and most trips can wait.
Check your bookings
Flexible fares and travel insurance can protect you if your plans change.
How the loan works
It’s the same loan whatever you use it for. Your offer and contract show your exact figures before you accept.
| Feature | What it means |
|---|---|
| What you can borrow | $2,050 to $4,600 in cash, in $50 steps |
| Establishment fee | $400, added to the loan, so the total stays within $5,000 |
| Length | 3 or 6 months |
| Repayments | The same amount each time, weekly, fortnightly or monthly, timed to your pay. The first is at least 7 days after the loan is paid. |
| Interest | A fixed rate, charged only on what you still owe |
| Paying early | Allowed at any time, with no early repayment fee |
| Security | None. The loan is unsecured |
| How you get the money | Paid into your own Australian bank account, if you’re approved and accept |
When this loan isn’t the right fit
- Spending money you couldn’t repay from your regular pay.
- Everyday bills or living costs that keep coming back.
- Paying off other loans or debts.
- Anything for a business, investing or gambling.
- If the repayments would leave you short for essentials. Free, confidential help is available from the National Debt Helpline on 1800 007 007.
Questions
Should I borrow for a holiday?
Only if the repayments fit easily in your budget. Saving first costs nothing.
Can I repay early when I get home?
Yes. You can repay early at any time, with no early repayment fee.
How quickly is the money paid?
If you’re approved and accept your contract, the money is sent to your own bank account. Timing depends on your bank and our checks, so we can’t promise when it will arrive.