Rating based on 24 reviews

Bank SA

  • Car loans up to $80,000
  • Low-interest starting from 9.99%
  • Repayment up to 5 years

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Bank SA homepage
Author Bank SA. Screenshot of Bank SA website.
[Accessed May 24, 2023]

About Bank SA

With everything from bank accounts and personal loans for everyday transactions to superannuation and term deposits – Bank SA is a leading provider of competitive financial products and services.

Westpac is one of Australia’s big four banks and Bank SA is wholly owned by them. This is why they're able to offer customers the lowest rates on the market and some of the most advanced technologies in the world.

Bank SA has a long-standing presence in South Australia, tracing its roots back to 1848 as The Savings Bank of South Australia. Starting as a small operation, it has evolved into a reputable institution within the region.

Operating under the Westpac Banking Corporation umbrella, Bank SA prioritises security, privacy, and accessibility for its customers. The bank emphasises the importance of considering individual objectives, circumstances, and needs when making financial decisions.

Detailed information regarding terms, fees, and charges associated with its products is available upon request. The bank follows specific lending criteria to ensure credit product approvals align with regulatory standards. Transparent disclosure documents, including terms and conditions, are provided to customers to promote clarity and understanding. 

Great customer service

Bank SA has a fantastic customer service policy that ensures all customers are treated as well as their staff are.

They'll quickly respond to online or email queries and it is easy to get through to their call centre should you wish to take care of something urgently. Availability and customer service may not be something that people consider when looking for a loan, credit card or bank account but, they certainly should be because it makes a significant difference. This is even more so when looking for a Bank SA car loan since it's a long-term commitment. 

Community growth and support

Bank SA is passionate about supporting the South Australian communities they operate in, whether it is of a sport or cultural nature, they are willing and ready to lend a hand. The bank's dedication to the local community is evident through its active support of various local initiatives and partnerships. 

Bank SA Services

If you’re looking for a Bank SA car loan you'll need to have a look at their secured personal loan product.

This product offers between $3,000 and $80,000 from rates of 6.49% per annum on their fixed rate option with a maximum loan term of 5 years.

Variable rate personal loan

They also have a variable rate personal loan option which starts from 6.49% per annum with a longer maximum loan term of up to 7 years. They have made a redraw facility available to customers but, the minimum redraw amount is $500 and it is subject to approval.

Application fees

Upon completion of an online loan application or even an in-store application, you will need to pay a $195 application fee and thereafter an admin fee of $9 per month for the life of the loan. With their fixed rate loan option you cannot repay the loan early or redraw additional funds should you need a quick cash loan or extra money at a later stage.

Bank SA does allow people to finance a used vehicle with their secured personal loans; however, the vehicle cannot be older than 12 years upon the conclusion of the loan agreement.

Final considerations: Your Bank SA car loan

If you're considering a Bank SA car loan, it's essential to review your specific financial situation and objectives before proceeding. Bank SA offers secured personal loans that can be utilised for purchasing a vehicle. Repayment terms range from 1 to 7 years, with interest rates varying between 6.49% p.a. and 12.99% p.a.

To qualify, you must meet credit criteria, and the vehicle used as security should meet certain requirements.

It's worth noting that the loan amount may exceed the market value of the vehicle to cover additional expenses. Keep in mind that interest rates are subject to change, so it's advisable to stay informed about the latest information provided by BankSA.

Bank SA – Car loan

  • Loan Type Car loans
  • Interest Rate from 9.99%
  • Loan Amount up to $80,000
  • Repayment 12 months to 5 years

Benefits of Bank SA

  • Interest rates start at 6.49%
  • Get vehicle finance up to $80,000
  • Repayment terms are up to 5 years

Car loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This car loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

The Bank SA car loan: Providing South Australian communities with flexible car loans

It's easy to apply for Bank SA car loan since it can be done in person at a branch or by filling in an online loan application via their website.

Bank SA offers its customers both an unsecured and a secured personal loan option. Although the secured option is more ideal for purchasing a vehicle those who wish to a second-hand car may prefer the flexibility that the unsecured loan offers.

Can you apply?

If you're over the age of majority and are an Australian permanent resident or citizen then you can apply for a quick loan to get a car from this lender.

 You'll also need to provide all of your personal and employment details including:

  • Where you work and how much you earn
  • Any assets and/or investments you have
  • Details of any and all debts under your name
  • Your monthly income and expenses overall
  • Your personal and contact details
  • The details of the car loan you desire
  • A personal reference and their contact information 

Bank SA have the products for you

If you're ready to see how different the Bank SA car loan really is, this leading lender is ready to show you. 

Car insurance

Bank SA want to help you keep your car on the road and ensure that you get the best benefits that they can offer you. They'll make sure to find the insurance that fits your pocket from fully comprehensive insurance all the way to third-party insurance. They'd like to make sure that you get the best deal. On their comprehensive option, they'll offer you up to 30 days on hiring a car whilst your car is busy being repaired and you can also get a new vehicle if your car is not fixable.

Make use of the Bank SA calculator

This gives you the opportunity to see your loan and understand the payments that you'll be making on a monthly or weekly basis you are able to move the numbers around to find the loan that suits you.

man holding thumbs up

Bank SA is a trusted & reliable provider of car loans

In our review, Bank SA adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.

✅ Bank SA is a registered credit provider in Australia: ACL 233714

Customer Reviews & Testimonials

November 2018

I got my car loan and my car insurance through the same company so great knowing I can make one payment instead of two. I highly recommend them.

Melani R
— Perth —

July 2018

Using the loan calculators has really helped me understand my loan better.

Silvia P
— Sydney —

May 2018

Being able to convert my currency before going on holiday was amazing to know that when I got over seas I would not need to stress.

Michael S
— Brisbane —

August 2018

I have found the car loan for me couldn’t be happier and more grateful for the support from this great team.

Sarah C
— Brisbane —

February 2019

Getting my car was easy through this company the best part was finding out that I didn’t need a different provider for insurance.

Ryan M
— Brisbane —

Bank SA Contact

Contact Number


  • not available


Physical Address

Postal Address

  • BankSA GPO Box 399, Adelaide, 5001, Australia

Opening Hours

  • Monday 07:00 – 19:00
  • Tuesday 07:00 – 19:00
  • Wednesday 07:00 – 19:00
  • Thursday 07:00 – 21:30
  • Friday 07:00 – 19:00
  • Saturday 08:00 – 17:30
  • Sunday 08:00 – 17:30