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Unsecured Personal Loan

Special$0 Establishment Fee on new Westpac Unsecured Personal Loans. Special offer ends 30 September 2019. T&Cs apply 
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Customise your loan summary by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Unsecured Personal Loan Pros and Cons

Pros:
  • No application fees
  • Can apply online
  • Can apply in branch
  • Available for 457 visa holders
  • Suitable for both new or used car
Cons:
  • Monthly fee charged
  • Has ongoing fees

Westpac Unsecured Personal Loan Fees and Features

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$12 monthly
Borrowing range
Borrowing range
$4k - $50k
Total Repayments
Total Repayments
$36,396
Early Exit Penalty Fee
Early Exit Penalty Fee
$175 during first 2 years
Missed Payment Penalty
Missed Payment Penalty
$15
Redraw Activation Fee
Redraw Activation Fee
N/A
Repayment Type
Repayment Type
Fixed
Loan Type
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Available to 457 Visa Holders
Available to 457 Visa Holders
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit
New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$12 monthly
Borrowing range
Borrowing range
$4k - $50k
Total Repayments
Total Repayments
$36,396
Early Exit Penalty Fee
Early Exit Penalty Fee
$175 during first 2 years
Missed Payment Penalty
Missed Payment Penalty
$15
Redraw Activation Fee
Redraw Activation Fee
N/A
Repayment Type
Repayment Type
Fixed
Loan Type
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Available to 457 Visa Holders
Available to 457 Visa Holders
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit
  • Special $0 Establishment Fee on new Westpac Unsecured Personal Loans. Special offer ends 30 September 2019. T&Cs apply
    $0 Establishment fee offer: Information current as at 20 August 2019. The offer is open to customers who apply and complete an application for a new fixed rate Westpac Unsecured Personal Loan by 30 September 2019 via the 'Apply now' application button on this page https://www.westpac.com.au/personal-banking/personal-loans/unsecured-personal-loan/ If approved, the Establishment fee will be waived, saving $250. This offer cannot be used in conjunction with any other offer and may be varied or withdrawn at any time. All other fees outlined on the Product page and in the Terms and Conditions apply. Read the product Terms and Conditions on this page https://www.westpac.com.au/personal-banking/personal-loans/unsecured-personal-loan/, including the Internet and Phone Banking Terms and Conditions before making a decision and consider whether the product is appropriate for you. If you need help, call 132 032.

As Australia’s oldest bank, Westpac has a long history of providing Australians with sound financial advice.

Westpac’s personal loans can be used for refinancing or consolidating debts, or for covering major expenses such as travel, holidays or renovations. By adjusting the length of your loan term, and the frequency of your repayments, you can prepare a Westpac personal loan that’s both affordable and suitable for your finances.

In addition to personal loans, Westpac also has flexi loans and personal overdrafts available, putting multiple options for managing your personal finances at your disposal.

Westpac can be contacted via phone or email and has a network of branches to visit across Australia.

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