Most borrowers pay 5% to 12% EIR depending on credit profile. Advertised rates of 1% to 3% are best-case scenarios. Licensed moneylenders charge up to 4% per month.
A travel loan is simply a personal loan used to pay for holiday related expenses such as flights, hotels, tours, meals, shopping, visa applications and travel insurance. Despite marketing names used by some moneylenders, travel loans are identical to standard personal loans in terms of eligibility, rates and terms. The funds are disbursed directly to the borrower's bank account and can be used for any travel related purpose without restrictions.
Total unsecured debt must not exceed 12 times monthly income Approval depends on credit score and existing debt obligations 
Most borrowers pay 5% to 12% EIR depending on credit profile. Advertised rates of 1% to 3% are best-case scenarios. Licensed moneylenders charge up to 4% per month.
Borrow up to 4 times monthly income (income below $120k) or 6 to 10 times monthly income (income $120k+). Most holidays need $3,000 to $10,000.
Choose 1 to 5 years repayment. Shorter tenure = higher monthly payment but significantly lower total interest. A 2 year loan costs 40% less interest than a 5 year loan.
Use for flights, hotels, tours, meals, shopping, visa fees, travel insurance, airport transfers, SIM cards and any other travel expense.
| Duration | Budget | Mid-Range | Premium | |
|---|---|---|---|---|
| Malaysia (JB/KL) | 3 to 4 days | $300 to $500 | $500 to $1,000 | $1,000 to $2,000 |
| Thailand (Bangkok/Phuket) | 5 to 7 days | $800 to $1,500 | $1,500 to $3,000 | $3,000 to $5,000 |
| Bali, Indonesia | 5 to 7 days | $1,000 to $2,000 | $2,000 to $4,000 | $4,000 to $8,000 |
| Vietnam | 5 to 7 days | $800 to $1,500 | $1,500 to $2,500 | $2,500 to $4,000 |
| Taiwan | 5 to 7 days | $1,200 to $2,000 | $2,000 to $3,500 | $3,500 to $6,000 |
| Japan | 7 to 10 days | $2,000 to $3,500 | $3,500 to $6,000 | $6,000 to $12,000 |
| Korea | 5 to 7 days | $1,500 to $2,500 | $2,500 to $4,000 | $4,000 to $7,000 |
| Australia | 7 to 10 days | $2,500 to $4,000 | $4,000 to $7,000 | $7,000 to $15,000 |
| Europe | 10 to 14 days | $3,500 to $6,000 | $6,000 to $12,000 | $12,000 to $25,000 |
| USA | 10 to 14 days | $4,000 to $7,000 | $7,000 to $15,000 | $15,000 to $30,000 |
| Maldives | 4-5 days | $2,500 to $4,000 | $4,000 to $8,000 | $8,000 to $20,000 |
Key Insight: A regular Japan trip for 2 costs $3,500 to $6,000. Borrowing this at 8% EIR over 3 years adds $450 to $780 in interest effectively paying $4,000 to $6,800 for a $3,500 to $6,000 trip. A vacation is a luxury not a necessity and borrowing for discretionary spending should be carefully considered. Unlike medical emergencies or home repairs, a holiday can usually be delayed until you have saved up for it.
If you borrow $5,000 for a trip and repay over 3 years at 8% EIR you'll pay roughly $650 in interest adding 13% to your holiday cost. Consider whether that premium is worth it but If you must borrow, keep the amount minimal, choose the shortest affordable tenure and avoid maxing out your borrowing capacity for a single trip. Better alternatives include saving in advance, using credit card miles for free flights or taking advantage of 0% instalment plans offered by travel agencies. 
$1,000
$10,000
1 Months
24 Months
$0.00
$0
$0
| Personal Loan | Credit Card | |
|---|---|---|
| Interest Rate | 5% to 14% EIR (typical) | 26% to 28% p.a. (if not paid in full) |
| Interest-Free Period | None | 25 to 55 days (if paid in full) |
| Rewards | None | Miles, cashback, points |
| Repayment | Fixed monthly instalments | Minimum payment or full |
| 0% Instalment Plans | Not applicable | Available at some merchants |
| Best For | Larger amounts, longer repayment | Smaller amounts, paid in full monthly |
Apply in under 30 seconds using Singpass or our simple multi-step form. It’s quick, secure and hassle-free.
Review tailored loan options instantly. Our customer success team is here to help with any questions or concerns.
Connect with your preferred lender, finalise all paperwork and receive your funds.
Darren Tan 
Good intermediary for understanding market trends and knowing many offerings laid out for clarity. Professional and timely sync + scheduling to ensure apt offers and appointments are arranged. Recommended
Aya Medel I used ROSHI platform to find the best loan offers. Just need to fill up some details and wait for loan offers and can choose which one you like. It is totally free and can receive vouchers and cashback based on the loan amount approved. Thank you ROSHI
SAMUEL CHETTIAR I used Roshi , to be referred to a trusted lender and got my loan approved.. Would highly recommend anyone to use Roshi for their financial need s. 2 thumbs up.
Bona Bella I am truly grateful to Rosh for helping me find such a professional and reliable lending company. They don’t just provide financial support, but also take the time to understand and guide you with genuine care. Rosh’s assistance made the entire process smooth and reassuring, and I sincerely appreciate the professionalism and dedication.
Need cash urgently? Consider a personal loan from a bank to relieve your situation.
If you’re a foreigner or expat living in Singapore, you might find yourself in situations where you’ll need urgent cas
Ever wondered what the Effective Interest Rate (EIR) means for personal loans?
In the past, the thought of borrowing money was associated with stress
Unanticipated emergencies can push individuals towards loan sharks
Benefits of Using Personalised Loan Application Platforms.
A travel loan is simply a personal loan used for holiday expenses but depending on the situation other loan types may be relevant. For general borrowing needs, personal loans from banks and digital lenders offer flexible use funds with competitive rates. Borrowers with a lower credit score might want to explore travel loans from licensed moneylenders.
Borrowers needing smaller amounts quickly can explore small cash or emergency loans for urgent needs.
To estimate monthly repayments and compare options before applying, ROSHI’s personal loan calculator helps model different loan amounts, interest rates, and tenures.
