Get a holiday loan and enjoy your travels to the fullest
A holiday loan lets you take the break you need when you need it. If you want a relaxing holiday but lack the funds, our travel loan lets you take the pressure off and enjoy your trip completely. With a vacation loan, you can:
- Plan your upcoming trip, including accommodation and activities with financial freedom
- Enjoy a relaxing, stress-free holiday
- Confidently pay off your loan within a timeframe that works for you
Get ready to fly
A holiday loan or travel loan could be just what you need to help you finance your trip conveniently! Vacation loans can help pay for your trip’s costs, including travel, accommodation, food, and more. Don’t let finances stand in the way of enjoying life—with a travel loan from MoneyShop, you can take the break you need now, and pay it off later. Start planning your dream trip by using our holiday loan calculator.
Why choose MoneyShop for your Holiday Loan
Here at MoneyShop, we aim to give you the best loan for your upcoming holiday. Applying for our travel loan online is the quickest and easiest way to get approval. Take off with our three-step loan application process.
Apply online
Complete our simple online loan application form. It only takes a couple of minutes *
Competitive rates
Your application will be reviewed by one of our team ASAP, and we will send you a response as fast as we can. In some cases, this may be the next business day.
Get paid
Once your application is accepted, the money is deposited in your bank account! It couldn’t be easier.
* Loan applications are subject to responsible lending checks
Pack up and Getaway!
We pride ourselves on our service because we believe that friendly, efficient customer service is the backbone of what we do. Our friendly team is more than happy to guide you through the process, so you can getaway on that relaxing holiday.
Holiday Loan FAQ's
What are travel loans?
A travel loan, (a.k.a., a vacation loan or holiday loan) is simply a type of personal loan that is used for travel purposes. You can use it to finance a range of expenses to help you cover the costs of your holiday, for example:
- Airfare
- Accomodation
- Tours
- Rental cars
- New travel accessories
How does a vacation loan work?
Most holiday loans fall within personal loan services and are just like other personal loans. At MoneyShop, the amount you borrow can be as little as $200 and as much as $20,000.
Repayment terms vary by lender. For example, we offer a flexible repayment period, so you have the freedom to pay off your loan in a timeframe that works for you.
What is the best way to finance a vacation?
Everyone needs a holiday occasionally but saving up for one can be difficult. There are different ways to finance a vacation, such as:
- Through personal savings
- Taking out a vacation loan
- Pay for the holiday using a credit card
- Borrow from friends and family
- Increase your mortgage or withdraw any surplus from it
Is it a bad idea to take out a personal loan for a vacation?
Vacation loans are one way to finance a holiday without the stress of a limited budget. However, a vacation loan is not the right choice for everyone. For example, if you take out a loan, keep in mind that you will need to pay interest on it as well, meaning the overall cost of the trip will amount to more than it would without a loan.
Another thing to be aware of is that falling behind on loan payments could negatively impact your credit score.
That said, a loan can be the best option if:
- You need to take a sudden trip: For example, if you face a sudden business trip or emergency travel.
- You’re taking a once-in-a-lifetime trip: and you want to travel stress-free. Without sufficient funds, going on holiday can be stressful and may mean that you miss out on unique experiences.
- You can confidently make on-time repayments.
Can I get a Holiday Loan with Bad Credit?
It depends! Give us a call on 0800 66 66 39 and we can do a credit check to see if we can help.
Why should I get my Holiday loan from MoneyShop?
Here at MoneyShop, we are all about providing our customers with quick and easy solutions. It only takes minutes to apply for a holiday loan online and your application will be in the hands of our staff ASAP.
How do I apply for a Holiday Loan?
It’s simple, really! All you need to do is complete our online application form to apply for a vacation loan. It only takes a couple of minutes! Your application will be reviewed by one of our team ASAP and we will send you a response as fast as we can. Once your application is accepted, the money is deposited in your bank account! It couldn’t be easier.
Any more questions?
Our friendly team are here to help you throughout the entire lending process. Call us on 0800 66 66 39 or get in contact with us here
Our costs and terms
Loan amount
Borrow between $200 and $20,000, depending on your situation. Example: $3,000 over 78 weeks = $58.87/week.
Loan terms
Choose a term from 3 months to 3 years. Repay weekly. We’ll show your full schedule upfront.
Interest rate
The interest rates are 29.95% for loans with security or refinanced from existing loans, new unsecured loans are also 29.95%. The rate is fixed for the whole of the contract. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged when instalments fall due.
Default interest rate
MoneyShop doesn’t charge default interest. If your account falls behind, a $1 daily arrears fee may apply until things are back on track. Reversed payments incur a $5 fee, and missed‑payment contact may involve a letter fee (up to $50), a $5 phone fee, or an $80 + GST home‑visit fee. Any third‑party recovery costs are passed on at cost.
Establishment fees
One-time setup fee based on loan size:
| Fee | Cost |
|---|---|
| $200 to $499 | $65.00 |
| $500 to $800 | $160.00 |
| $800 to $5,000 for three years or less | $300.00 |
| $800 to $5,000 for three years or less | $300.00 |
| $5,000 to $15,000 for three years or less | $310.00 |
| Over $15,000 for more than three years | $455.00 |
Some loan setup costs come from third parties — such as credit checks, PPSR searches, and security‑registration fees — and these are passed on at cost. Your account also has a daily administration charge of 55c while it’s open. We send statements every six months, and extra statements are free by email or $5 if printed. If you repay your loan early, an administration fee of $50 (averaged) may apply, along with any third‑party deregistration costs.
Rate type
Your rate stays the same for the whole loan. No surprises. No hidden fees.
Repayment frequency
Pay weekly. Example: $1,500 over 52 weeks = $44.83/week.
Example: Borrowing $3,000 over 78 weeks
- Weekly repayment: $58.87
- Total repayments: $4,592.86
- Includes: Interest, $300 establishment fee, $0.55/day admin fee
- Does not include: Any optional or default-related fees
This example assumes a fixed interest rate of 29.95% p.a., no missed payments, and no early repayment. Actual costs may vary depending on your loan amount, term, and repayment history.
Want to check your rate with our personal loan calculator?
Learn more about loan costs, interest rates, and fees on our Cost of Borrowing page.
