---
title: "Flexi Loan — Westpac"
description: "Personal Loans from Westpac. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/westpac/products/PLFlexi
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-21T05:30:51Z
---

# Flexi Loan — Westpac

> Personal Loans from Westpac. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Personal Loans**

Big plans? Sudden bills? Apply once to get up to $50,000. Keep interest low by drawing only what you need, when you need it.

## At a glance

- **From:** 18.99% (Variable)

## Apply

Applications are handled by the provider: [Apply at Westpac](https://banking.westpac.com.au/oregon/flexiloan/pol/ac/appCapture?funcReqd=NewAppl&exitapp=yes#/welcome)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 18.99% | — | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Loan Account Fee — Charged monthly | Ongoing | $12.00 |
| Lending Establishment Fee | Upfront | $150.00 |
| Prepayment Fee | Exit | $0.00 |
| Missed Payment Fee | Late payment | $15.00 |
| Bank Cheque Fee | Event | $10.00 |
| Redraw Fee | Event | $0.00 |
| Overlimit Fee | Event | $15.00 |

## Features

- **Cash on demand - Get up to $50,000. Use in one go or bit by bit?it?s up to you.**
- **Pay for what you use - Only pay interest on the amount you use?not your full limit.**
- **Repay your way - There's no loan end date and no early repayment fee.**
- **Redraw facility** (Apply just once - No need to reapply each time you borrow from your limit. )
- **Unlimited transactions** (Transfer funds from your Flexi Loan account to a transaction account or pay bills directly using BPAY.)
- **The minimum monthly repayment on your Flexi Loan includes: The monthly loan account fee, 2% of the statement's closing balance (excluding the monthly loan account fee). Or the full closing balance if under $10, whichever is greater , plus any overdue amount owing. Or the amount of your closing balance which exceeds your credit limit, whichever is greater.**
- **Digital banking** (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** (The product has EXTRA_REPAYMENTS option available.)
- **Fraud protection** (The product includes FRAUD_PROTECTION features.)
- **Relationship management** (RELATIONSHIP_MANAGEMENT is available for eligible customers.)

## Eligibility

- **Minimum age** — 18 years
- **Residency status** — You're an Australian or New Zealand citizen or you have permanent residency in Australia and hold an acceptable visa
- **A non-resident or migrant and hold an acceptable visa. Must have at least 1 year before expiry.**
- **Have a fixed, Australian address**
- **You have a fixed, verifiable residential address in Australia.**

## Constraints

- **Minimum limit** — $4,000.00 (The minimum amount financed is $4000)
- **Maximum limit** — $50,000.00 (The maximum amount financed is $50,000)
- **Minimum term 1 year**
- **Maximum term 5 years (per term plan)**

## More information from Westpac

- [Overview](https://www.westpac.com.au/personal-loans/flexi-loan)
- [Terms & conditions](https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/pb/Flexi_Loan_Conditions.pdf)
- [Eligibility](https://banking.westpac.com.au/oregon/flexiloan/pol/ac/appCapture?funcReqd=NewAppl&exitapp=yes#/welcome)
- [Fees & pricing](https://www.westpac.com.au/personal-loans/flexi-loan)

## Data provenance

- Published by Westpac under the Consumer Data Right
- Product ID: `PLFlexi`
- Last updated by the provider: 21 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/westpac/PLFlexi
- Provider page: https://www.cdrcompare.au/brands/westpac
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000002

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/westpac/products/PLFlexi) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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