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

WARNING: This comparison rate applies only to the example or examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

^1% p.a. Interest Rate Discount offer: Information correct as at 29 October 2019. This offer comprises a discounted fixed interest rate of 11.99% p.a. (comparison rate 13.15% p.a.) It is only available to existing Westpac customers who start an application and are approved for a new fixed rate Westpac Unsecured Personal Loan between 29 October 2019 and 8 December 2019 via the 'Apply now' application button in Westpac Live or the Westpac Mobile Banking app. Approved customers will receive a special interest rate of 11.99% p.a. (comparison rate 13.15% p.a.) on new fixed rate Unsecured Personal Loans, which represents a 1% p.a. discount on the current advertised rate of 12.99% p.a. (comparison rate 14.14% p.a.). This offer cannot be used in conjunction with any other offer and may be varied or withdrawn at any time.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 Internet and Phone Banking Terms and Conditions (PDF 1MB) before making a decision and consider whether the product is appropriate for you. If you need help, call 132 032. Credit provided by Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.

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.