Whether you're planning a holiday, visiting family overseas, or travelling for business, Jacaranda Finance can help you make it happen.
Apply now for a loan for your international flights!
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
As an isolated island nation, Australians love to get out and explore the world. Australian Bureau of Statistics (ABS) data from before COVID-19 shows as many as 2.24 million Australians left the country for overseas pastures in December 2019 alone! More recently in December 2022, the value of loans taken out Australia-wide for travel and holidays grew by nearly 12%, as borders both international and domestic re-opened.
Our own data meanwhile shows that 'holiday expenses' was the second most common reason our customers took out a loan in 2022! With competitive interest rates and flexible repayment options, we make it easy to get the funds you need to book your dream trip.
Aussies love to spend big on international holidays - or rather, they have no choice. Flights to other countries from Australia can be pretty expensive given our location compared to the rest of the world. The cost of international flights will also be determined by the destination, season, airline, class of travel, number of travellers and the booking period, which can make it hard to provide an exact cost.
As an example though, Aviation analytics firm Cirium reported that return airfares to Europe in 2022 cost $2,109 on average, while a report by Expedia found the average international return ticket price was approximately $1,761 (economy class).
Overall, it's safe to expect that buying tickets to fly overseas will cost at least a few hundred to a few thousand dollars.
See also:Â Top 5 Overseas Holidays under $15,000 in 2023.
If you'd rather not dip into your hard-earned savings for your next overseas junket, our flexible loans could be the solution you're looking for.
At Jacaranda, we're a 100% online lender. That means there's no hefty paperwork or long lines with us. Instead, we utilise state-of-the-art technology that allows you to:
See below for more information on how our application process works or click here if you're ready to get started!
We Make Applying Easy
We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don’t have time to waste on needless paperwork.
That’s why our loan application process has been perfected over time to be as simple and quick as possible.
The top international destinations for Australians, based on accommodation demand on Expedia.com.au as of January 2023, are:
If you're after a loan to travel to one of these destinations (and of course, Australia!), check out our pages on each of them by clicking the links provided.
It's not just flights you need to consider when travelling overseas! According to a study from Westpac, the average Australian spends nearly $5,000 per international trip on flights as well as:
And much more. Our express holiday loans can provide the funds for all of these major expenses, allowing you to rest, relax and unwind without worrying about how you're going to pay for it.
We also offer loans for domestic airfares and cruises!
While Jacaranda can help you finance your trip, don't jump the gun on buying your flights just yet! It's important to take some time to consider a few important things before you head overseas, like:
Am I eligible for a Loan with Jacaranda?Â
You must meet the following basic eligibility criteria before submitting an application:
Our loans are designed to be fast, fair, and, above all, affordable, with no hidden fees. See the table below for a quick guide to our charges, or visit our fees page to learn more. For detailed information about who our products are designed for, please review our Target Market Determinations.
Find out the answers to some of our most frequently asked questions here about our flight loans, as well as some general information you might find useful.
Visit our rates and fees page to get an idea of the costs associated with our loan products.
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, loan amount, and loan term for which you qualify.
Use our loan repayment estimate calculator to get a guide on what your repayments could be.Â
Before you formally apply with Jacaranda, you can check if you qualify for a loan in a way that does not impact your credit score. We do this by performing a 'soft' credit check that is only visible to you.
If you don't meet our initial criteria, your credit score won't be affected.
Once you've checked your eligibility and we've let you know that you do qualify for a loan, you have the option to move forward with a full application.
We will perform a credit assessment during this process, which involves checking your credit report. By submitting a full application, you authorise Jacaranda Finance to obtain a copy of your full credit file, referred to as a 'hard' credit check.
Other lenders will be able to see that you applied for a loan with Jacaranda.
This might impact your credit score.
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.
You can view your repayments from either the Better Credit app or online portal and contact our friendly customer service team to request any changes that you need.
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:
$3,000 - $25,000
