Guide to planning a wedding

Keep the romance in your relationship and let us help take the financial worry out of planning your big day. 

Be prepared

How much do weddings cost?

The cost of a wedding will depend on how big you want it to be. However, according to Money Smart, the average Australian wedding costs $36,000, and 82% of couples dip into their savings to pay for their wedding.

How can I finance my wedding?

Weddings can be financed a number of ways, including via your savings, a credit card, a personal loan, or a combination of these options.  

What, when and how much?

Figuring out the what, the when, and how much you are prepared to spend on your wedding will guide your wedding budget. While setting a budget can be a bit hard before you look into venues, caterers and dress designs, it’s important to not lose sight of what you can really afford.

Knowing the cost

How much will I need?

How much you need for your wedding will depend on a number of things. Number of guests, location, style of reception and the size of your wedding party will all have an impact on the cost of your wedding. Remember, small weddings don’t always mean a cheaper option. Here's some things to think about: 

  • Venue
  • Catering
  • Wedding attire
  • Decorations
  • Transport
  • Accommodation
  • Stationary
  • Wedding celebrant or church hire
  • Wedding cake
  • Gifts for attendees
  • Honeymoon 

How to save for a wedding

Saving up for a wedding can seem like an overwhelming task when you first look into costs. By giving yourself enough time to save, altering your spending, and by keeping your money in a high interest savings account you could surprise yourself with just how much you can save before the big day.

Use our savings calculator to work out your savings plan and how much you could earn in interest.

Paying for your wedding

There are a number of ways to pay for your wedding. Your situation, budget and ability to pay off a loan will determine the best way to finance your wedding. 

Using savings

The benefit of using your savings is that you will not pay any interest or loan fees. By keeping your money in a high earning interest account, you can earn money and won’t be starting out with a debt.

Do I need to borrow money? 

Once you have worked out a budget for your wedding you will have a better idea on whether you will need to consider taking out a loan and how much this will cost you. 

How much can I borrow?

How much you can borrow for a personal loan will depend on a number of things, including your savings and account history, your credit history and your ability to pay back a loan plus interest. 

Why use a credit card?

Credit cards can be a good way to finance ongoing wedding costs and allow you to keep your money in your savings account longer. If you pay off your credit card before it’s due date each month you can usually avoid paying interest, and this means you’ll stay ahead with your savings. 

How we can help

Savings accounts
If you're looking to put money away for a rainy day, earn bonus interest or save online with flexibility, we have saving account options that may suit you.
Credit cards
Our range of credit cards offer great value and global convenience. If you're looking for banking rewards, complimentary insurance, a low interest rate or no annual fee, we have options for you.
Personal Loans
Our personal loans are packed with features like low interest rates, unlimited extra repayments and free online redraw. Find the best rate personal loan for you.
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