Borrowing for a holiday
Are you planning a romantic get-away, honeymoon, a trip around the world or that short trip to unwind? Besides planning the trip, planning how to finance a holiday is a challenge.
With different terms and the choice of a fixed or a variable interest rate, a personal loan is a great way to finance your holiday or honeymoon. You can tailor your loan to suit your needs or lifestyle. Planning the finances of your holiday should not be stressful!
Suggested personal loans for holiday and travel expenses
- A convenient redraw facility on our variable interest rate option
- Fixed interest rates from3 12.99% p.a. (comparison rates from 14.06% p.a.1) for the life of your loan
- Choose the term of your Unsecured Personal Loan - from 1 to 7 years.
- Access to your funds whenever you need without reapplying, up to an approved limit
- Only pay interest on your outstanding balance, not the assigned credit limit
- 24 hour access to funds via Internet Banking or Phone Banking2
- Great variable interest rate of 17.00% p.a.
Conditions, fees and credit criteria apply.
Before making a decision, it's best to read the terms and conditions:
- Personal Loan Terms and Conditions
- Personal Loan Fees and Charges
- Secured and Unsecured Personal Loans
The advice on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it's right for you. If you need help, call 13 22 66.
1. The comparison rate is based on an unsecured personal loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
2. Subject to system availability.
3. Our risk-based pricing means the loan interest rate may vary between 12.49% p.a. and 19.99% p.a. depending on our credit assessment and the detail in your application. Interest rates may change and margins may apply in some circumstances. Your loan is more likely to be approved if you’ve been with Bank of Melbourne for six months or more.