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?
Things you should know
Credit criteria, fees, charges, terms and conditions apply.
Any advice on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.
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.
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.
~2% interest rate discount: Important information current as at 23 March 2021. This offer is only available to a customer who applies for a Westpac Unsecured Personal Loan, is approved and accepts their loan contract by 18 May 2021. Loan application can be submitted via the ‘apply online’ application link, by calling 1300 720 697 or by visiting a branch. Offer is not available when refinancing an existing Westpac Personal Loan. Eligible customers will receive a discounted fixed interest rate of 9.99% p.a. (comparison rate 11.16% p.a.) on a new Westpac Unsecured Personal Loan, which represents a 2% p.a. discount on the current advertised rate of 11.99% p.a. (comparison rate 13.15% p.a.). This offer is open to single applicants only. This offer cannot be used in conjunction with any other offer and may be varied or withdrawn at any time. All other fees are outlined on Westpac Unsecured Personal Loan. Please read the , including the , before making a decision and consider whether the product is appropriate for you. If you need help, please call 1300 720 697.
^Comparison rates: Comparison rates help you understand the true cost of a loan. All comparison rate examples shown are for a personal loan amount of $30,000 and a term of 5 years. WARNING: Comparison rates apply only to the example or examples given and may not include all fees and charges. Different loan 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.
Credit provided by Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.