St.George personal loans

St.George's overall rating for personal loans

(as rated by the Mozo community)

6.8 / 10

based on 458 reviews

St. George may have started as a building society in 1937 but today this personal loan provider is no small player. Because not only is St. George now a fully fledged bank, it also falls under the umbrella of big four bank Westpac. One of the biggest draw cards of taking out a loan with this major player is the abundance of choice when it comes to securedunsecured and line of credit loans. So read on as you’re bound to find one that speaks to you!

St.George offers the following personal loans

Rates and fees verified as correct at 04 July, 2020. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee

8.49% p.a.

9.60% p.a.based on $30,000
over 5 years


12.74% p.a.

13.81% p.a.based on $30,000
over 5 years


11.49% 17.40% p.a.

12.57% 18.44% p.a.based on $30,000
over 5 years


12.99% 18.90% p.a.

14.06% 19.93% p.a.based on $30,000
over 5 years


*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

What personal loans do St. George offer?

Secured personal loans:

Secured personal loans from St.George have two nifty advantages over the unsecured alternative. Firstly they have lower interest rates because they are tied to an asset such as a new or used car, and secondly they have a higher borrowing limit of up to $80,000. With these loans you can choose between two interest rate types - a fixed or variable rate. Which one you opt for will depend on your circumstances. Now, if you’re a creature of habit and like to know exactly what your future loan repayments will be, the fixed rate option might be ideal for you. But if you’re willing to part with the lower fixed interest rate for the flexibility of a redraw facility, extra repayments, no-break cost fees, and the possibility of a longer loan term of up to seven years, the variable rate could be your match. Just keep in mind the redraw facility comes with a fee attached each time you use it, and there’s a minimum redraw amount.

Unsecured personal loans:

On top of a secured personal loan option, St. George also offers the alternative of going for its unsecured personal loans. This means you’ll pay a higher interest rate for not binding the loan to an asset like a new or used car. You can use these loans for everything from consolidating debts or paying for that big ticket trip to Europe. St. George unsecured personal loans can range from $3,000 to $40,000 and have a loan term of one to seven years. Plus you can choose between either a fixed or variable interest rate - which rate you choose will depend on the features and benefits that work best for you. Let’s take a look at the fixed rate option first. While you can’t make extra repayments or use a redraw facility, one benefit is that the interest rate is slightly lower and is locked in for the term of the loan, meaning your ongoing repayments will always remain consistent. On the other hand, with the variable rate option the term can be longer. You can also make extra repayments and pay the loan off early without being hit by a break cost fee. Plus, it's redraw facility lets you dip into past repayments of a specified minimum amount. Just keep in mind you are charged a fee each time you do this.

Line of credit loan:

St George’s line of credit loan, dubbed the “Get Set Loan” provides you with a revolving line of credit facility to pay for things like tying the knot, renovating and travelling. Your Get Set personal loan with St. George can range anywhere from $5,000 to $50,000, and the best part is you only pay interest on what you owe.

One key difference to note between a Get Set personal loan and other St. George personal loans is that you can’t elect your repayments to be weekly, fortnightly or monthly. St. George will bill you depending on the status and circumstances of your loan, because it’s going to change according to how you use the revolving line of credit.

St. George personal loan features at a glance

Upfront and ongoing fees: 

If you’re keen on taking out a St. George personal loan, don’t forget to factor in the initial start up cost and monthly fees, which apply to all its loans.

Flexible repayments: 

With the exception of the Get Set Loan (e.g line of credit loan), with the St. George personal loans described on this page you can take your pick between weekly, fortnightly or monthly repayments. This will make paying off your loan that bit easier if you want your repayments to coincide with payday for example.

Extra repayments:

You have the freedom to make extra repayments as you please with all of St. George’s variable personal loans. Keep in mind that there are break cost fees for paying your loan off early if you go for a St. George loan with a fixed interest rate attached.

Redraw facility:

While there’s no redraws on the extra repayments you’ve made with the fixed rate personal loans, all of St. George’s variable rate personal loans come with this flexible feature.

Insurance options:

Depending on your personal loan, St. George have two insurance products you can pay a premium for called Consumer Credit Insurance and Get Set Protect. This means that if something unfortunate happens like you are made redundant or get sick and can’t make repayments, the insurance may be able to cover those costs.

How are St. George personal loan products rated?

St. George’s banking customers have left plenty of reviews on Mozo’s website. So visit our personal loan reviews section to get the lowdown from everyday Aussies about taking out a personal loan with this popular bank.

How do you apply for a St. George personal loan?

To apply for a personal loan with St. George, it’s a quick and easy process. You just need to be an Australian citizen or resident and pop into a branch or file your details online to hear back during business hours.

Some things you’ll need to provide in your application include:

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