Car Loan

General Lending Rates

Product Variations

• Lending Rate Type: Fixed
• Interest Rate: 12.99%, Comparison Rate 14.34%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 12.99%, Comparison Rate 14.34%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 5.99%, Comparison Rate 7.41%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 5.99%, Comparison Rate 7.41%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 10.29%, Comparison Rate 11.66%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 10.29%, Comparison Rate 11.66%
• Repayment Type:
• Loan Purpose:

Product Features

• Other Additional Information: Get up to $130,000 - Choose how much you want to borrow, from $10,000 to $130,000. Then decide between weekly, fortnightly, or monthly repayments.. (conditions apply)

• Other Additional Information: Budget-friendly - You get a choice of 1-7 year loan terms to suit every budget. Your rate and repayments won't change for the full loan term.

• Other Additional Information: 5-minute quote - You'll get your personalised rate in minutes with no impact on your credit score. So, you can start planning your purchase sooner.

• Other Additional Information: Speedy funding - Once your loan?s approved, you'll receive the funds the same day you accept the loan contract.

• Other Additional Information: Get a personalised rate - We'll show you your Personal Loan personalised rate and repayment estimate based on your credit score and the loan details you give us. It only takes a few steps, and it won't affect your credit score.

• Other Additional Information: A preferential fixed rate is available for�eligible electric and hybrid cars

• Digital Banking Additional Information: Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties

• Extra Repayments Additional Information: The product has EXTRA_REPAYMENTS option available. $0 extra repayment fee: There's no fee if you want to make extra repayments, however a prepayment fee may apply.

• Fraud Protection Additional Information: The product includes FRAUD_PROTECTION features.

• Relationship Management Additional Information: RELATIONSHIP_MANAGEMENT is available for eligible customers.

Product Eligibility

• Min Age - 18.

• Residency Status - You're An Australian Or New Zealand Citizen Or You Have Permanent Residency In Australia And Hold An Acceptable Visa.

• Other Additional Information: You?re a non-resident or migrant and hold an acceptable visa with a minimum 1 year before expiry

• Other Additional Information: Receive a regular, verifiable Australian taxable income

• Other Additional Information: You have a fixed, verifiable residential address in Australia.

• Other Additional Information: Hold a current Australian driver's licence or learner's permit

Bank Fees and Charges

• Loan Account Fee (Periodic), Amount: 15.00.

• Lending Establishment Fee (Upfront), Amount: 250.00.

• Prepayment Fee (Exit), Amount: 175.00. Additional Information: 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 (Payment), Amount: 15.00.

• Bank Cheque Fee (Event), Amount: 10.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 10000.00 Additional Information: The minimum amount financed is $10,000

• Max Limit of 130000.00 Additional Information: The maximum amount financed is $130,000

Document Downloads

  p-l-contract-general-conditions.pdf (269.0 KB)
  acceptables-visas-upl.pdf (490.1 KB)