Personal Loan selector
Answer two simple questions to match your needs with a Car Loan, a line of credit Flexi Loan, an overdraft or an unsecured personal loan.
What is the purpose of your loan?
Start planning with a 1% p.a. discount on new Unsecured Personal Loans~
Looking to consolidate debt, purchase a car, travel or just need some breathing space? An Unsecured Personal loan could help when you apply and are approved by 21 March 2019.
Credit criteria, terms and conditions apply. Find out more
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. The comparison rate is based on a personal loan of $30,000 over 5 years. 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.
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.