Bankwest Personal Loans
Compare Bankwest personal loans and rates
The table below displays a snapshot of Bankwest’s secured personal loan products and rates on Canstar’s database, sorted by Star Rating (highest to lowest). Please note the products and Star Ratings displayed are based on a loan amount of $20,000 for a three-year loan in NSW.
What personal loans does Bankwest offer?
Bankwest currently offers 2 different types of personal loans at the time of writing. These personal loans can be both secured and unsecured with the option of both variable and fixed interest available.
- Unsecured personal loan
- Flexible personal loan
Bankwest unsecured personal loan
This loan has the following features:
- Rate of 11.99% with a comparison rate of 12.80% p.a.
- Loan term of 3-7 years
- Borrow between $5,000 and $50,000
- Flexible repayments of either weekly, fortnightly or monthly
Bankwest flexible personal loan
This loan has the following features:
- Rate of 14.49% with a comparison rate of 15.50% p.a.
- Loan term of 1-7 years
- No early repayment fees
- Borrow between $5,000 and $50,000
- Redraw facility
- Flexible repayments of either weekly, fortnightly or monthly
Related article: Secured vs Unsecured Personal Loans – What’s the Difference?
What can you use Bankwest’s personal loans for?
A personal loan with Bankwest can be used for many important life events, such as:
- Buying a car
- Debt consolidation
- Holidays
- Home renovations
- Weddings
Personal loans are a relatively straightforward way of borrowing money with a structured repayment program. A personal loan with Bankwest could give you access to more money to pay for these major life events.
Check the product disclosure statement (PDS) from Bankwest to see what you can and can’t take out a personal loan for.
Target Market Determinations for Bankwest products are available on Bankwest’s website.