15+ Lenders | Personal Loan | Credit Assistance

Finance Your Dream Holiday With a Travel Loan

Whether it's a European adventure, a tropical island getaway, or an outback road trip, we compare travel loan options from 15+ Australian lenders to help you find a potentially suitable option. Typical amounts $5K-$50K with secured and unsecured options available.

$5K-$50K

Typical Amounts

6%+

Rates from (secured)

1-7 yrs

Loan Terms

Check Travel Loan Options How It Works

Secure | No credit check at initial stage | No cost to you* | *We are paid by lenders

Important Information

Esteb and Co provides credit assistance services. We are licensed credit representatives (ASIC Credit Rep #574070) who help you compare loan options from our panel of lenders. We do not lend money directly. All loan approvals are made by lenders, subject to their criteria and responsible lending assessments. Our service is free to you - we receive commissions from lenders. Read our Credit Guide

Travel Loan Options in Australia

Secured or unsecured - understand which suits your trip

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Unsecured Travel Loans

No asset required as security. Approved based on income and credit history. Most common for travel.

Quick approval

Rates: typically 8-12% p.a.
Amounts: $2K - $50K
No car or property needed
Funds in 24-48 hours

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Secured Personal Loans

Use a vehicle or term deposit as security for a lower rate. Best for larger travel budgets.

Lower rates

Rates: typically 6-9% p.a.
Amounts: $5K - $100K
Car or savings as security
Lower monthly repayments

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Credit Card (0% Balance Transfer)

For smaller trips, a 0% interest credit card offer can work. But watch the revert rate.

Short-term option

0% for 12-24 months
Revert rate: 18-22%
Must repay within promo period
Best for trips under $5K

What Can a Travel Loan Cover?

Australians spend an average of $5,000-$15,000 per overseas trip

Flights & Transport

International and domestic flights, car hire, trains, cruises, and transfers. Book early for better prices or use loan funds to lock in deals before they expire.

Accommodation

Hotels, resorts, Airbnbs, holiday houses, and camping gear. From budget backpacking to luxury resorts - your loan amount determines your comfort level.

Activities & Experiences

Tours, adventure sports, dining, theme parks, cultural experiences. The memories are what make a holiday - don't skimp on the experiences that matter.

Travel Insurance & Extras

Comprehensive travel insurance (essential for Australians abroad), visas, vaccinations, travel gear, and spending money in AUD or foreign currency.

Travel Loan Cost Comparison

See what a travel loan actually costs in real AUD terms

$10,000 Trip - 3 Year Loan

At 8.99% p.a. (unsecured):

Monthly repayment: $317.53
Total interest paid: $1,431.08
Total cost of trip: $11,431.08

That's about $10.60/day in interest - less than a coffee and sandwich. For many Australians, the memory of a great holiday is worth the cost.

$25,000 Trip - 5 Year Loan

At 7.49% p.a. (secured):

Monthly repayment: $500.56
Total interest paid: $5,033.60
Total cost of trip: $30,033.60

A secured rate saves around $2,000 in interest compared to unsecured over 5 years. Consider using a vehicle as security if you own one outright.

Should You Save or Borrow?

Consider borrowing when:

Once-in-a-lifetime opportunity (e.g., milestone birthday)
Flight deals that expire soon
Group travel with family or friends
Honeymoon tied to a wedding date

Consider saving when:

No fixed travel date
Already carrying other debt
Trip is under $3,000 (save a few months)

Travel Loan FAQs

Common questions from Australian travellers

Can I get a travel loan with bad credit?

Yes, some specialist lenders on our panel consider applicants with credit scores below 600. Rates will be higher (typically 15-22% p.a.) and loan amounts may be capped at $10K-$20K. We can match you with lenders who specialise in credit-impaired applicants.

How quickly can I get the funds?

Most unsecured travel loans are funded within 24-48 hours of approval. Some online lenders can approve and fund same-day. Secured loans take 3-5 business days due to asset verification. We recommend applying at least 2 weeks before you need to book.

Is travel insurance included in the loan?

No, but you should absolutely factor travel insurance into your loan amount. Comprehensive travel insurance for an Australian travelling overseas typically costs $150-$500 depending on destination and duration. Medical evacuation from overseas can cost $50,000+ without insurance.

Can I repay the loan early without penalties?

Most personal loan lenders on our panel allow early repayment. Some charge a small early exit fee (typically $100-$300 or 1-2% of remaining balance). Variable rate loans generally have no early repayment fees. We highlight early repayment terms in your comparison results.

What's the minimum income required?

Most lenders require a minimum annual income of $25,000-$35,000 for unsecured travel loans. Some specialist lenders accept income from Centrelink, rental income, or part-time work. Self-employed applicants typically need 1-2 years of tax returns.

Richard (Ricky) Esteb

Licensed Mortgage Broker & Founder

Credit Rep #574071 ACN 681 636 056 83+ Lender Panel

With direct experience helping Australians secure home loans, car finance, and personal loans, Ricky founded Esteb and Co to bring transparency and technology to mortgage broking. Every piece of content is written from real-world lending experience.

Verified & Last Reviewed: March 2026 | Content meets ASIC regulatory requirements