End of Financial Year information
End of Financial Year and your investment loan
End of Financial Year is the time to consider fixing the interest rate on your Westpac Online Investment Loan.
Existing customers who don’t have an existing fixed interest rate loan and wish to establish one, the deadline to fix your interest rate is 30 June 2022.
Customers who wish to rollover an existing fixed interest rate loan, please refer to the maturity letter/email we sent to you for your due date.
In addition to submitting your fixed interest rate loan request, your fixed interest payment (if prepaying) will need to be received by the start of your new fixed interest rate loan.
If you don’t have a Westpac Online Investment Loan and would like to learn more, please visit the Westpac Online Investment Loan website for further information.
How to fix your interest rate
Prior to submitting a fixed interest rate contract request, we recommend that you read the sections ‘Fixed Interest Rate Loans’ and ‘Fixing the rate on your Westpac Online Investment Loan’ below.
It is a loan where the interest rate is fixed (stays the same) for an agreed period.
For existing customers please refer to the due date on your rollover letter/email.
For new customers who haven’t previously fixed their rate or existing customers wanting to change the start date of their fixed rate loan, the deadline to fix the rate on your Westpac Online Investment Loan is 30 June 2022.
Things you should know
BT Securities Limited ABN 84 000 720 114 AFSL No. 233722 and Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 are together the issuers of the Westpac Online Investment Loan - Product Disclosure Statement (‘PDS’). This information has been prepared without taking into account your personal objectives, financial situation or needs so, before acting on it, you should consider its appropriateness in regard to these factors. The PDS and other disclosure documents are relevant when deciding whether to acquire or hold this product and can be obtained by phoning 1300 551 744.