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Fund your getaway to Singapore
Travel Loans for Singapore
- Borrow between $2,100 and $25,000
- Apply in minutes1 with same-day outcomes2
- Repay your way with loan terms up to 48 months
- Weekend approvals available!
Looking to travel to Singapore but need funds? Jacaranda Finance offers travel loans to help you make your dream vacation a reality. With fast, easy online applications and flexible repayment options, our loans can help you fund your trip without breaking the bank.
Apply today and start planning your Singapore adventure!
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2,660+ Reviews
Google Rating
2,660+ Reviews
Word of Mouth
880+ Reviews
Product Review
1,790+ Reviews
Trustpilot
880+ Reviews
Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 22/11/23
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Why travel to Singapore?
Singapore is a small country, home to just 5.5 million people and stretching across just 728 square kilometers. There are many reasons to travel to Singapore, such as its amazing food, stunning architecture, clean aesthetic and endless shopping and entertainment. And Australians clearly agree.
In 2019, Singapore was the 9th most popular tourist destination for Aussie travellers, with more than 417,000 of us stopping by that year for an average of eight days. If you're looking to head overseas sometime soon, then why not pick Singapore for your next adventure?
What is a travel loan?
A travel loan, or holiday loan, is simply a personal loan used to pay for travel expenses. According to our data, holiday and travel are commonly listed as one of the most common reasons for taking out a loan, with customers using them to pay for some of the following:
- Flight costs
- Accommodation
- Travel insurance
- Transport and car hires
- Tours and activities
- Activities and events
With holidays (particularly overseas ones) easily costing five figures, a holiday loan can allow you to avoid paying for the whole thing in a lump sum or overspending with a credit card. By borrowing a lump sum to be repaid in manageable instalments, you know exactly what your trip will cost before you even leave the country with a travel loan.
About our travel loans for Singapore
Singapore can become an expensive place to visit depending on the type of trip you're after, and once you factor in your flights, accommodation, dinners and entertainment, it's easy for costs to spiral.
Using travel payment methods like a credit card, travel money card or good old cash to pay for your trip can make it easy to go over budget if you're not careful, which is where a quick travel loan with Jacaranda Finance can come in handy.
Our express holiday loans can provide up to $25,000 and loan terms as long as 48 months, with fixed interest rates ensuring your minimum repayments always stay the same. With rapid 5-12 minute applications1, same-day approvals2 and 60-second transfers3 available 100% online, you could have the funds you need for your Singapore holiday in no time.
See below for more information on how our application process works or click here if you're ready to get started!
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Word of Mouth
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Product Review
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Singapore travel loan details
| Loan Amounts: | $2,100 to $25,000 |
|---|---|
| Loan Terms: | 9 months to 48 months |
| Loan Type: | Secured and unsecured |
| Rate type: | Fixed |
| Repayment Options: | Weekly, fortnightly or monthly |
| No Early Payout or Exit Fees: | Customers who pay their loan out early do not incur any additional fees or charges for doing so. Fixed fees that have already been incurred are due and payable. |
This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.
THE LOAN PROCESS
How does the application process work?
1. Submit your application
This is done 100% online and it’s fast and simple. If you’re fast with your fingers it could take as little as 5-12 minutes1 to complete, but it could take longer depending on a number of factors such as how fast you are at typing or if you have all the required information on hand.
Alternatively, if you like to take things slow, fill in the application at your own pace from anywhere in Australia on any device as long as you have the internet.
2. We’ll do a credit assessment
For most customers, we verify the information you provide us and get back to you with an outcome on your application on the same day2 during normal business hours. If you pass the credit assessment and we can assist you, we’ll send a loan offer for you to review.
We do not guarantee same-day outcomes for all customers: customers that apply outside of business hours or customers that are required to provide additional information may experience a longer timeframe.
3. Review your loan offer
Once you have been approved and have accepted our offer by signing your digital contract, we automatically attempt to release the money to your bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds.3
You must have an NPP-enabled bank account. For customers without an NPP-enabled bank account (or the instant payment fails), the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.
How much does it cost to travel to Singapore from Australia?
The cost of a holiday in Singapore often isn't too high, as most trips there are short. According to a survey by the Singapore Tourism Board, the average spend per Australian tourist in Singapore was SGD 1,967 (approximately AUD $2,036) in 2019. Budget Yout Trip meanwhile states the average daily budget for a mid-range trip to Singapore is roughly $181.
The overall cost of your trip will be different depending on a number of factors, primarily:
- Your length of stay
- Your destination(s) within Singapore
- Your accommodation
- The activities you get up to
- The time of year you book and the airline you fly with
And more. Flights and accommodation will generally be your biggest expenses when travelling to Singapore, although Skyscanner quotes the cheapest return flight from Australia (as of March 2023) at just $296. Flights can easily rise as high as $800 or more though.
For accommodation, you'll typically spend an average of $113 per night (for each person), according to Budget Your Trip.
The average cost of travel to Singapore
|
One week (AUD) |
Two weeks (AUD) |
One month (AUD) |
|
|---|---|---|---|
|
For one person |
$1,261 |
$2,523 |
$5,406 |
|
For a couple |
$2,523 |
$5,046 |
$10,812 |
Source: budgetyourtrip.com, accurate as at 1 March 2023. Dollar amounts are based on 'mid-range' travellers.
What to do/see in Singapore
There are many great things to do and see in Singapore as a tourist, but here are five top recommendations we've managed to narrow them down to.
|
Gardens by the Bay This iconic park features beautiful gardens, impressive vertical gardens, and the famous Supertree Grove. It's a must-visit destination for anyone travelling to Singapore. |
|
Marina Bay Sands This famous hotel and casino offers stunning views of the city skyline from its observation deck, infinity pool, and rooftop restaurants. It's a great place to relax and enjoy the sights. |
|
Sentosa Island Sentosa Island is home to a variety of attractions, including the Universal Studios Singapore theme park, S.E.A. Aquarium, and Adventure Cove Waterpark. |
|
Chinatown Singapore's vibrant Chinatown district offers a glimpse into Singapore's rich history and culture. Visitors can explore traditional shophouses, browse the street markets, and sample delicious local food. |
|
Singapore Zoo This world-renowned zoo features a wide variety of animals, including orangutans, tigers, and elephants. Visitors can also enjoy animal shows and interactive exhibits. |
Health and safety concerns for travellers in Singapore
Singapore is generally a safe and welcoming place for tourists, and as of 2023, the Australian Government classifies Singapore as requiring a 'normal degree of caution'. But like any country, there are a few things you should be careful of as a visitor.
- Laws and regulations: Singapore has strict laws and regulations that visitors should be aware of, such as restrictions on chewing gum, littering, and smoking in public areas. Violations of these laws can result in fines or other penalties.
- Scams and pickpocketing: While violent crime against tourists is rare, you should be aware of potential scams and pickpocketing. It's important to keep an eye on your belongings, especially in crowded areas such as public transport, night markets, and tourist attractions.
- Food hygiene: Singapore is known for its delicious food, but it's important to be cautious about food hygiene. Stick to reputable restaurants and street vendors, and be sure to wash your hands regularly.
- Weather and climate: Singapore has a hot and humid tropical climate, so visitors should be prepared for the heat and humidity. Stay hydrated and wear lightweight, breathable clothing. Monsoon seasons from December-March and June-September can also bring heavy rain and wind.
- Cultural norms: Singapore is a multicultural country, and visitors should be respectful of local customs and norms. For example, it's important to dress appropriately when visiting religious sites and to remove your shoes before entering someone's home.
- Political unrest and terrorism: Unauthorised public demonstrations are illegal in Singapore, and there is a minor ongoing risk of terrorism in areas popular with foreigners. Take official warnings seriously.
By keeping these tips in mind, visitors can have a safe and enjoyable trip to Singapore. Strongly consider taking out an appropriate travel insurance policy before you go, just in case something happens. While medical facilities in Singapore are high-quality, treatment is also much more expensive compared to Australia.
Thinking of going somewhere else?
Check out our pages on some of the top tourist destinations for Aussies by clicking the links provided.
Not flying overseas?
We also offer loans for domestic airfares and cruises!
Am I eligible for a Jacaranda loan?
The basic eligibility criteria you must meet before submitting an application:- Be at least 19 years of age.
- Be employed on a permanent or casual basis.
- Have a consistent income going into your own bank account for the last 90 days.
- Be in control of your finances and be handling existing financial commitments comfortably.
- Be an Australian citizen or permanent resident with a fixed address.
- Have an active email address, phone number, and online banking account in your name that belongs to you.
- You are currently or recently bankrupt (you must be three years discharged and in control of your finances)
- You are not comfortably repaying your existing financial obligations
See all FAQs
Singapore travel loan FAQs
Need to know more about how or loans work before you head to Singapore? Check out some of our most frequently asked questions below.
Jacaranda offers three loan products with varying loan amounts that you could borrow:
- Jacaranda Express Personal Loan: $5,000 to $25,000
- Jacaranda Cash Boost Loan: $2,100 to $4,600
- Jacaranda Car Loan: $10,000 to $25,000
For detailed information about who our products are designed for, please review our Target Market Determinations.
Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loan products, visit our rates and fees page.
The interest rate, fees and charges applied to your loan will depend on your individual circumstances and the information verified during the loan assessment. It will also depend on our assessment criteria and the loan product, loan amount and loan term you qualify for.
Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loan products, visit our rates and fees page.
We use the information you provide in the online application form as well as information on your bank statements to make sure that you qualify for a loan product during our credit assessment. If you don't qualify, your application will be declined without a credit check being conducted.
Once we have verified that you meet our non-credit report-related criteria, we do perform a credit check as part of our credit assessment, where an inquiry will be left on your credit file.
We will never perform a credit check without your express consent, which you provide to us when you apply for a loan with Jacaranda Finance. We store your acknowledgement and consent for seven years, and it can be supplied on demand.
There are four credit reporting bodies that we may use to conduct a credit check:
- Equifax
- Experian
- illion
- Talefin
Review our Privacy Policy for more information.
Our loan application process has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner. How quickly you can apply for a personal loan and receive your funds will depend on your situation.
Applying for a loan with Jacaranda Finance takes most people 5-12 minutes1, but it could take longer depending on a number of factors such as but not limited to how fast you are at typing or if you have all the required information on hand.
After applying, most customers get an outcome on their loan application on the same day during normal business hours once we have received all of the supporting information we require. We do not guarantee same-day outcomes for all customers.2
Once an applicant has been approved and they have signed a contract, we automatically attempt to release the money to the applicant's bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.3
Repayments on your loan are automatically set up to be deducted via direct debit from your bank account in line with your pay cycle.
Provided you are meeting your minimum contractual repayments, you can change the date of your direct debit payments, make extra repayments, change your bank account details and more from either the FastMoney app or online portal.
Download the app on the Google or Apple store today.
Read more: Personal Loan Repayments 101.
A loan with Jacaranda Finance is a flexible option you can use to pay for some of life's biggest expenses: planned or unexpected.
Here are some of the most common reasons our customers take out a loan:
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Our customer service team are here to help.
If you have any questions, whether you're a new customer or an existing one - our friendly customer service team will be happy to help you. Our customer service team is 100% Australian-based in Brisbane: at Jacaranda, you speak to a real human being every time.
