company logo

Auswide Bank Personal Loans

Auswide Bank, formerly Wide Bay Australia, has provided financial services for Australians since its beginnings as a building society over 50 years ago.

Auswide Bank is not considered one of Australia’s major banks, but it does have over 20 branches for their Australian customers to visit.

In addition to personal loans, Auswide also offers customers home loans, bank accounts, credit cards, term deposits, superannuation, insurance and financial advice.

Auswide Bank personal loan repayment calculator

Thinking about taking out a personal loan with Auswide Bank? Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Auswide Bank personal loans compare with other options.

I want to borrow

Loan Term

years

Repayment Frequency

Auswide Bank Personal Loans rates

1 - 3 of 3
Product
Advertised Rate
Comparison Rate
Repayment
Upfront Fee
Features
Go To Site
More Info
Compare

More details

More Info
Compare

More details

Features of an Auswide Bank personal loan

Auswide Bank personal loans encompass a wide range of options for customers, including unsecured, partially secured and secured loans. Fixed and variable interest rates are also available.

Loan terms of up to seven years are available depending on the type of loan chosen by Auswide’s members.

Personal loans up to $75,000 are possible depending on if the loan type is secured or not.

Auswide Bank personal loan rates vary from moderate to high depending on factors such as if the loan is secured or unsecured.

Members who take out an Auswide Bank personal loan can expect upfront fees, monthly fees, early exit penalty fees and missed payment fees.

Auswide Bank personal loans - customer service

With over 20 branches, Auswide isn’t one of Australia’s major banks, but does offer in-person customer service throughout the country in addition to online banking services.

Members can also reach Auswide Bank customer service by phone or email.

Who is eligible for an Auswide Bank personal loan?

People looking to secure a personal loan with Auswide Bank must meet the following criteria:

  • Be over 18
  • Have good credit
  • Be employed with a history of income
  • Be an Auswide Bank member
  • Provide collateral (if the loan is secured)

How to apply for an Auswide Bank personal loan

The following application methods are available from Auswide Bank:

  • Online application form
  • In-person application at an Auswide branch
  • By phone

Auswide Bank personal loans review

Auswide Bank is a smaller-sized bank when compared to other lenders in the Australian market.

The bank offers a wide range of loans that could cater to different needs of those looking to borrow money, such as everyday borrowers, students or home renovators.

Personal loan interest rates from Auswide Bank range from moderate to high. As such, borrowers looking for low interest rates might not be satisfied with what’s on offer from Auswide Bank.

Early exit penalty fees might also be a disincentive for those who are looking to pay off their debts before the term limit. Upfront fees, monthly fees and missed payment fees also apply, which could end up being costly.

Use RateCity to compare personal loans and find the best personal loan rates for your borrowing needs.

FAQs

It may be much more difficult for a self-employed borrower to successfully apply for a personal loan if they also have bad credit. Many lenders already consider self-employed borrowers to be riskier than those in full time employment, so several self-employed personal loans require borrowers to have excellent credit.

If you’re a self-employed borrower with a bad credit history, there may still be personal loan options available to you, such as securing your personal loan against a vehicle of equity in a property, though your interest rates may be higher than those of other borrowers. Consider contacting a lender before applying to discuss your options.

Details  

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

Compare your product with the big 4 banks, or add more products to compare
As seen on