--- title: "Unsecured Personal 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/PLUnsecured source: "CDR Compare" language: en-AU last_updated: 2026-08-21T05:30:51Z --- # Unsecured Personal 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** Whether consolidating your debt or renovating your home, our Unsecured Personal Loan could help. See what personalised rate you could get. ## At a glance - **From:** 7.29% (8.69% comparison) ## Apply Applications are handled by the provider: [Apply at Westpac](https://banking.westpac.com.au/zoom/personalloan/pol/plapp/appcapture?promoCode=WS1#/) ## Interest rates | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Fixed · 7 years (The 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.) | 7.29% | 8.69% | 12 to 84 MONTH | | Fixed · 7 years (The 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.) | 22.19% | 23.48% | 12 to 84 MONTH | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Loan Account Fee — Charged monthly | Ongoing | $15.00 | | Lending Establishment Fee — Discount −$250.00 — This fee is waived for new and existing customers (eligibility: Other: SAVE UP TO $250 UPFRONT - Combine your debts into one personal loan and save up to 100% of the establishment fee. Instead of juggling multiple bills and due dates, you could combine your debts into a single loan and manage just one repayment and potentially lower the total interest, fees and charges that can add up across multiple products. Simply apply by 30 September 2026, with approval and contract acceptance by 14 October 2026. The offer is available on a Westpac Unsecured Personal Loan for Debt Consolidation purposes only until 30 September 2026. Loans under $10k: Pay $250 establishment fee. Eligibility, credit criteria, T&C and other fees & charges apply.) · Discount −$250.00 — This fee is waived for new and existing customers (eligibility: Other: SAVE UP TO $250 UPFRONT - Combine your debts into one personal loan and save up to 100% of the establishment fee. Instead of juggling multiple bills and due dates, you could combine your debts into a single loan and manage just one repayment and potentially lower the total interest, fees and charges that can add up across multiple products. Simply apply by 30 September 2026, with approval and contract acceptance by 14 October 2026. The offer is available on a Westpac Unsecured Personal Loan for Debt Consolidation purposes only until 30 September 2026. Loans under $10k: Pay $250 establishment fee. Eligibility, credit criteria, T&C and other fees & charges apply.) | Upfront | $250.00 | | Prepayment Fee — 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 | Exit | $175.00 | | Missed Payment Fee | Late payment | $15.00 | | Bank Cheque Fee | Event | $10.00 | ## Features - **Cashback offer** — 300.00 ($300 cashback energy upgrade offer on a new Unsecured Personal Loan. We?ve teamed up with Origin for quotes from Origin?s network of local approved installers. Accept your contract by 30 September 2026 for the $300 cashback. Eligibility T&Cs apply. Includes: $300 cashback offer from Westpac - Battery, solar, EV chargers and/or hot water heat pumps - explore offers and any available government rebates) - **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** - **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 - **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.** ## Constraints - **Minimum limit** — $4,000.00 (The minimum amount financed is $4000) - **Maximum limit** — $70,000.00 (The maximum amount financed is $70,000) - **Minimum term 1 year** - **Maximum term 7 years** ## More information from Westpac - [Overview](https://www.westpac.com.au/personal-loans/unsecured-personal-loan) - [Terms & conditions](https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/pb/personal-loans/p-l-contract-general-conditions.pdf) - [Eligibility](https://banking.westpac.com.au/zoom/personalloan/pol/plapp/appcapture?promoCode=WS1#/) - [Fees & pricing](https://www.westpac.com.au/personal-loans/unsecured-personal-loan) ## Data provenance - Published by Westpac under the Consumer Data Right - Product ID: `PLUnsecured` - Last updated by the provider: 21 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/westpac/PLUnsecured - 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/PLUnsecured) — product data published by Australian data holders under the Consumer Data Right. 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