Can You Get A Personal Loan For A Holiday?

Overview

• Understanding Holiday Loans
• Popular Ways to Use a Travel Loan Locally
• The Benefits of Financing Your Domestic Trip
• How to Budget for Your Australian Getaway
• Why Choose Red Tree Finance for Your Holiday?
• Eligibility: What Do You Need to Apply?
• Make Your Memories Today, And Pay Tomorrow
• Frequently Asked Questions

A holiday loan is a secured loan of up to $5000 that borrowers can use in many different ways. For example, as the borrower, you might use the cash to:

• Cover upfront costs like flights and accommodation.
• Pay for activities, tours and other events on your itinerary.
• Fund the entirety of your trip.

When you apply for a personal loan with Red Tree Finance, you receive the funds in a lump sum, which enables you to pay for all or part of your holiday expenses as soon as you need. 

Like any personal loan, you agree to repay the funds in either weekly, fortnightly or monthly instalments. This contract ensures you know exactly how much you owe with each payment, so you can relax and enjoy your time away without financial stress.

As a holiday destination, Australia offers a diverse range of options – both for people overseas and those of us vacationing in “our own backyard”. From coastal trips to regional getaway spots and everywhere in between, the variety of Australian landscapes and sparseness of the locations mean that every holiday requires a different budget.  

From the coastal stretches of the Great Ocean Road to the picturesque wonders of the Flinders Ranges, how you choose to use your holiday loan funds is limited only by your imagination. 

Consider these popular domestic travel uses for our online loans:

• Booking high-end accommodation in the summer holidays in popular tourist destinations like Byron Bay or Noosa. 
• Covering the fuel and campsite costs for a cross-country caravan expedition across the Nullarbor.
• Arranging tickets for those “pinch me”, once-in-a-lifetime experiences, such as Great Barrier Reef diving tours or hot air ballooning over the Hunter Valley.
• Updating your old and worn-out camping gear for a more comfortable night under the stars, or upgrading camera equipment to better document your journey.

Once you’ve received your loan funds, you can then concentrate on the logistics of your adventure rather than worrying about individual price tags.

One of the key benefits of applying for a holiday loan is securing flights, accommodation, and other expenses at “early bird” prices. 

In Australia, it pays to book flights and accommodation months in advance; you’ll often enjoy major savings that may outweigh the interest that you pay on the loan. Furthermore, using personal loan funds allows you to keep your emergency savings intact for genuine surprises, like medical bills or trips to the vet. 

Repaying your holiday loan in regular instalments over a fixed term allows you to manage your cash flow effectively while enjoying the immense mental health benefits that some well-deserved R&R promises and provides.

A well-planned holiday often depends on setting a budget that is realistic and covers both the major expenses and those smaller, fly-under-the-radar daily costs we often easily forget. 

When you plan your trip and settle on a cash loan limit to apply for, remember to include these “hidden” extras that can add up quickly:

• Breakfast, lunch and dinner, whether you decide to prepare meals yourself or eat out.
• Entry fees to parks and museums, parking permits, and local transport costs like ferries or ride-shares.
• Travel insurance – it’s not just for health emergencies on overseas trips; some policies may cover cancellations or accidents, even when staying within state borders.
• A small “buffer” fund for souvenirs, unexpected car repairs, or those spontaneous activities you find along the way. 

Taking the time to calculate these figures ensures you borrow the right amount to cover your entire journey comfortably.

When you choose a local lender like Red Tree Finance, you’re choosing a team that understands the specific needs of Australian travellers. 

We pride ourselves on offering a human touch with each loan application, always aiming to provide clear communication and rapid decisions. Whether you apply for a $2000 loan or higher, expect no hidden fees or complex jargon. We want to ensure you understand your obligations from day one with absolute ease. 

Because Red Tree Finance is Australian-owned and operated, we understand just how important it is to take that annual trip to the coast or visit your family overseas. We maintain a firm commitment to getting the funds to you as soon as possible so you can spend less time worrying about finances and budgets, and more time packing your bags.

At Red Tree Finance, we believe that accessing finance should be a straightforward process for potential borrowers who meet eligibility requirements. 

To uphold our responsible lending obligations, we look for applicants with at least three months of steady employment income and a clear ability to manage their repayments. Applicants must be a minimum of 18 years of age, and either an Australian citizen, permanent resident or a valid visa holder in this country. They must also have a working motor vehicle registered in their name that they can offer as security against their loan. 

Red Tree Finance assesses each application on its own merits. We’ve designed our online loan application process to be as quick and streamlined as possible, ideally mirroring the often fast-paced nature of modern travel planning.

A study conducted by Roy Morgan in early 2025 found that 57% of Australians planned to holiday domestically over the following 12-month period, while 23% of us were considering jetting abroad. It’s further evidence that we are a nation that loves to get out and explore the world. 

When you apply for a Red Tree Finance fast loan to finance your trip, you can really seize the moment as it happens. For some, that might be a spontaneous weekend away. For others, it could be a carefully planned trek across the continent. 

Choosing a responsible lender like Red Tree Finance means you can answer the question “Can you get a personal loan for a holiday?” with absolute confidence. We’re here to help you see more of this beautiful country without sacrificing your long-term financial health.

Can you take out a personal loan for a holiday? 

Yes, you can! Red Tree Finance offers holiday loans from $2250 up to $5000 that you can use for travel in Australia or overseas. 

Is it worth getting a loan for a holiday? 

A holiday loan can provide you with additional funds if your existing savings don’t allow you to plan the trip that you want. The loan funds may help you book better accommodation, arrange a more interesting itinerary or extend the length of your holiday.

Is a holiday loan the same as a personal loan? 

Yes, a holiday loan is a personal loan that you can use to plan and fund your holiday. Red Tree Finance can help you plan your ultimate getaway with a loan that can inject added cash into your holiday budget. Whether you’re looking for a weekend loan or planning a longer trip over Christmas, we’re here to assist you.

The information provided in this blog is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.