A Westpac personal loan can allow you to access funds for larger expenses that you can pay off over the life of the loan. You could also consider applying for a loan to consolidate existing debts. This way you’ll only be making one repayment per month.
With a Westpac personal loan you get:
Quick and easy application
There are no lengthy forms to fill out. Find out how much you could borrow and get a quote on your monthly repayment amount by calling 132 651. Apply online or in one of our branches and receive a response the following business day.
Choice of a loan amount
- Unsecured loans range from $4,000 to $50,000
- Car loans from $10,000 to $100,000.
Car loans offer lower interest rates because we register an interest in your car. With an unsecured personal loan however, your assets are not used as a security for the loan, so the amount you can borrow is less and the interest rate higher.
Choice of term
Choose a loan term from 1 to 7 years to help you comfortably meet your repayments.
Convenient ways to make monthly payments
Online Banking allows you to set up one-off or recurring payments to your account.
Additionally, you can organise a direct debit to your account, by using BPAY ®, paying over the phone or by salary disbursement1 as payment options.
Fixed repayment amount
You know the exact repayment amount as the interest rate is fixed for the term of the loan and you are protected from increases in official interest rates.
Find out more about car loans, unsecured personal loans and flexi loans.
Things you should know
- To pay by salary disbursement, you must first contact the Personal Lending Centre on 132 651 to obtain salary disbursement instructions to provide to your employer.
Fees and charges are payable. Full Terms and Conditions are available on request. These may be varied, or new Terms and Conditions introduced in the future. All applications for credit are subject to the Bank's normal lending criteria.
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