Westpac
Unsecured Personal Loan
Whether consolidating your debt or renovating your home, our Unsecured Personal Loan could help. See what personalised rate you could get.
Personal loansBank updated 21 Aug 2026
At a glance
- Fixed
- 7.29% · 8.69% comparison
- Loan size
- $4,000 to $70,000
- Upfront fee
- $250
- Monthly fee
- $15
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedThe rate displayed is the minimum rate for the product. For information on the full rate range, please visit the product page, contact us on 132 032 or visit your nearest branch. | P&I | 7 yrs fixed | — | 7.29% | 8.69% | — |
| FixedThe rate displayed is the maximum rate for the product. For information on the full rate range, please visit the product page, contact us on 132 032 or visit your nearest branch. | P&I | 7 yrs fixed | — | 22.19% | 23.48% | — |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Bank Cheque Fee | Event | $10 | — | — |
| Prepayment Fee | Exit | $175 | — | Applies if you choose a term greater than 2 years and pay it out in less than 2 years. This fee is waived if you pay out your personal loan by refinancing to another Westpac personal loan |
| Missed Payment Fee | Late payment | $15 | — | — |
| Loan Account Fee | Periodic | $15 | Every 1 mo | — |
| Lending Establishment Fee | Upfront | $250 | — | This fee is waived for new and existing customers This fee is waived for new and existing customers |
§ 03 — Features
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- · Pay your way - Match your pay day with weekly, fortnightly and monthly repayments
- · Get a quote in under 5 minutes - Before you apply, check your repayments and get your rate without impacting your credit score.
- · $0 extra repayment fee - Make extra repayments and get ahead of your personal loan. You?re in control with Westpac.
- · Borrow up to $70,000 - Choose the loan amount you want between $4K - $70K
- · Same-day funding - Once your loan?s approved, customers with an existing Westpac transaction account can access funds within an hour of contract acceptance*.
- · Loan terms to fit your budget - Set your loan term however you want between 1 - 7 years. A longer term will lower your repayment amount, a shorter term will lower the interest you pay overtime
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: You're an Australian or New Zealand citizen or you have permanent residency in Australia and hold an acceptable visa
- · Amount $4,000 to $70,000
- · You?re a non-resident or migrant and hold an acceptable visa with a minimum 1 year before expiry
- · You have a regular, verifiable Australian taxable income
- · You have a fixed, verifiable residential address in Australia.
- · Minimum term 1 year
- · Maximum term 7 years
§ 06 — Run the numbers
Put this product through a calculator
Published by Westpac under the Consumer Data Right, last changed by them on 21 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.