RateCity
BankWest was first established in 1895 by the Government of Western Australia. Known back then as the Agricultural Bank of Western Australia it was launched to assist in developing the state’s agricultural industry. Throughout the next 50 years the bank underwent a series of name changes. In 1994 it embraced the trading name of BankWest. The bank currently stands as Western Australia’s leading bank and holds a Standard & Poors short-term credit rating of "A-1+" and long term rating of "AA-". Its provision of investment grade security has developed its interstate client base at a phenomenal rate with 48.8% of activity accounting for its total lending at the end of 2006. Some of BankWest’s most popular products include the BankWest Lite Mastercard,Zero Mastercard and TeleNet Saver.
Product Details
- Company
-
- Repayments
-
$707.9
monthly - Secured / Unsecured
- Unsecured
- Total Repayments
- $42,455.32
- Interest Rate
- 13.99%
- Comparison Rate
- 15%
- Rate Type
- Fixed
- Application Fee
- $249
- Ongoing Fees
-
$10
per month - Early Repayment Penalty
- $0
- Missed Payment Penalty
- $0
- Encumberance/REVVS Check Fee
- $0
- Doc Release Fee
- $0
- Minimum Loan Amount
- $5,000
- Maximum Loan Amount
- $50,000
Product Features
No early exit penalty y
Will you be charged a fee for finalizing all loan repayments earlier than the agreed date, or for transferring to another company for the remaining life of the loan?
Extra repayments allowed y
Will this loan allow you to make additional repayments on top of the minimum amounts due each payment frequency?
Redraw Facility y
Whether this loan allows the option for you to redraw/take out excess funds
100% Loan Available y
Whether this loan offers a maximum loan-to-value-ratio (LVR) i.e. no deposit is required
