What is the purpose of your loan?
Things you should know
Credit criteria, fees, charges, terms and conditions apply.
Information current as at 13 November 2018. Any advice on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.
Comparison rate information
1. To qualify for a lower interest rate, any motor vehicle offered as security must be less than 7 years at the start of the loan. Whether purchasing new or used car, the vehicle has to have been imported to Australia by the manufacturer, and all the lending criteria met.
2. If you choose a term greater than 2 years, and pay it out in less than 2 years, there is a prepayment fee of $175. This fee is waived if you pay out your personal loan by re-financing to another Westpac personal loan.
For Westpac Car Loans (Secured Personal Loans), any motor vehicle offered as security must not be more than 12 years old upon loan expiry. The vehicle used as security must be registered under the applicant's name. Initial rate indications quoted prior to full loan-to-valuation ratio being completed may change depending on the valuation of security offered. Whether purchasing new or refinancing a used car, the vehicle has to have been imported to Australia by the manufacturer, and all the lending criteria met.
Access to funds within 60 minutes
3. Access to Unsecured Personal Loan funds within 60 minutes from final approval is only available for existing Westpac customers, who apply as a single applicant online, with funds being disbursed into their own Westpac account.
*$0 Establishment fee offer: Information current as at 20 August 2019. The offer is open to customers who apply and complete an application for a new fixed rate Westpac Unsecured Personal Loan by 30 September 2019 via the 'Apply now' or 'Apply Online' application button on this page. If approved, the Establishment fee will be waived, saving $250. This offer cannot be used in conjunction with any other offer and may be varied or withdrawn at any time. All other fees outlined on the Product page and in the Terms and Conditions apply. Read the product Terms and Conditions, including the before making a decision and consider whether the product is appropriate for you. If you need help, call 132 032.