Bankwest Unsecured Personal Loan

Enjoy a competitive fixed rate with the Bankwest Unsecured Personal Loan.

Planning for that dream holiday can be easier with the Unsecured Personal Loan from Bankwest, which offers a competitive fixed interest rate for loans of $3,000 or more. As this is an unsecured loan, you will not be required to put any of your assets up as security.

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8.99% (fixed)

Interest Rate (p.a.)

9.33%

Comparison Rate (p.a.)

$3,000

Min Loan Amount

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Details

Product NameBankwest Unsecured Personal Loan
Interest Rate (p.a.)8.99% (fixed)
Comparison Rate (p.a.)9.33%
Interest Rate TypeFixed
Min Loan Amount$3,000
Max. Loan Amount$50,000
Loan SecurityUnsecured

Things to consider about the Bankwest Unsecured Personal Loan

You can apply for any amount between $3,000 and $50,000 and have between 3 to 7 years to repay. This lets you choose the payment schedule so you know exactly what you're paying and how often you're paying it, with the opportunity to make additional repayments and redraw on those payments.

Bankwest also offers a Flexible Personal Loan to borrowers, so make sure to weigh the pros and cons of different loans to find the one that will bring you the most benefit.

Features of the Bankwest Unsecured Personal Loan

  • Special Offer. Secure a discounted fixed rate of 8.99% p.a. on applications submitted before 30 June 2022. Fees, charges and T&Cs apply. Rates are subject to change.
  • Fixed interest rate. The Bankwest Unsecured Personal Loan offers a fixed interest rate of 8.99% p.a., with a comparison rate of 9.33% p.a. calculated on a $10,000 loan over a period of 3 years.
  • Fees. This loan has a one-time application fee of $0 and an $5 monthly account-keeping fee for the life of your loan.
  • Additional repayments. You are able to make additional repayments at any time without penalty. An early repayment fee does apply if the loan is paid off in the first 24 months.
  • Repayment options. You can choose to make repayments on a weekly, fortnightly or monthly basis to suit your budget.
  • Redraw facility. You can redraw on any additional payments you make during the loan online.
  • Loan amount. Choose an amount anywhere from $3,000 to $50,000.
  • Loan terms. You can borrow funds for a terms of between 3 to 7 years.
  • Loan insurance. Bankwest also offers credit protection insurance to cover you if you are unable to make your repayments on time.
  • Same-day approval for existing customers. Existing Bankwest customers with at least three months salary deposited in their account can qualify for same-day funding approval. You will need to apply by midday on a business day, have submitted a complete application and not be applying for a secured loan with a guarantor attached.

How to apply for the Bankwest Unsecured Personal Loan

When you apply online with Bankwest you can get conditional approval within minutes. Click "Go to Site" to complete the loan application form.

So that you are approved for the loan that you want, you must:

  • Be over 18 years of age and in full-time employment
  • Be an Australian citizen or permanent resident
  • Have a regular permanent income
  • Not have an active personal loan application that has been conditionally approved.

In order to prove that you meet the requirements, be prepared to provide the following documentation:

  • Personal details. Your name, address and contact details will be needed.
  • Identification. You'll also need at least two documents to identify yourself, your driver's licence, passport, Medicare card or Australian birth certificate
  • Employment details. Ensure that you have your employer's name, number and other contact details. You will also be asked to provide information about the length of your employment.
  • Financial details. You will be asked to provide evidence regarding your current income, assets and expenses.

An Unsecured Personal Loan from Bankwest can offer you the freedom to get the funding you need. Remember to compare the interest rates, fees, eligibility requirements and other features of various lending options to find the best loan for you.

Compare other personal loans

$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Symple Loans Personal Loan

From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10

You'll receive a variable rate from 5.75% p.a. to 25.99% p.a.

Borrow up to $50,000 and earn 1 Qantas Point for every $1 borrowed.

⭐Special Offer: Earn up to 50,000 Qantas Points with a personal loan from Symple.
Plenti Personal Loan

From 6.39% (fixed)
6.39%
$5,000
3 to 7 years
$0 to $649
$0
You'll receive a fixed rate between 6.39% p.a. and 17.89% p.a. based on your risk profile.
A flexible loan with amounts from $5,000 and terms starting from 3 years. Interest and comparison rates calculated for a loan term of 5 years.
Citi Personal Loan Plus
8.90% (variable)
9.18%
$5,000
3 to 5 years
$199
$0
You'll receive a variable rate of 8.90% p.a. with a comparison rate of 9.18% p.a. if you're approved.
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years. Note: Monthly account service fee will be waived for applications submitted before 31 January 2022.
Harmoney Unsecured Personal Loan

From 5.35% (fixed)
6.14%
$2,000
3 to 5 years
$575 ($275 for loans of below $5,000)
$0
You'll receive a fixed rate between 5.35% p.a. and 19.09% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.
Alex Bank Personal Loan

From 4.99% (fixed)
4.99%
$2,100
6 months to 5 years
$0 (Waived $295 establishment fee)
$0
You'll receive a fixed interest rate from 4.99% p.a. to 19.99% p.a. based on your risk profile
Borrow between $2,100 and $30,000 from 6 months to 5 years. Note: The $295 establishment fee will be waived for loan applications submitted by 3 November 2021.
SocietyOne Unsecured Personal Loan

From 5.95% (fixed)
5.95%
$5,000
2 to 5 years
from $0 to $595
$0
You'll receive a fixed rate between 5.95% p.a. and 19.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
NAB Personal Loan Unsecured Fixed

From 6.99% (fixed)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. (7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
NOW Finance No Fee Unsecured Personal Loan

From 5.95% (fixed)
5.95%
$5,000
18 months to 7 years
No Establishment Fee
$0
You'll receive a fixed rate between 5.95% p.a. and 17.95% p.a. based on your risk profile
Borrow from $5,000 to $7,999 with loan terms between 18 months and 3 years or borrow $8,000 to $50,000 with loan terms between 18 months and 7 years.

⭐ Finder Exclusive: Apply and settle a NOW Finance No Fee Unsecured Personal Loan for home improvement by 31 Dec for a chance to win a $2,000 Bunnings gift card.
OurMoneyMarket Personal Loan

From 5.45% (fixed)
6.07%
$2,001
1 to 7 years
From $250
$0
You'll receive a fixed rate from 5.45% p.a. to 20.99% p.a. based on your risk profile.
A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.

⭐ Finder Exclusive: Apply before 31 October 2021 to secure a discounted rate of 5.45% p.a. (comparison rate: 6.07% p.a.) for the first 12 months on loans over $35,000. T&Cs apply.
MoneyMe Personal Loans

From 6.25% (fixed)
7.64%
$2,100
1 to 5 years
from $295 to $495
$10
You'll receive an interest rate between 6.25% p.a. and 19.95% p.a. based on your risk profile
Borrow up to $50,000 with no hidden fees or costs. Application process usually takes 5 minutes to complete and is done fully online.
Wisr Personal Loan ($5,000 to $30,000)

From 6.49% (fixed)
6.49%
$5,000
3 to 7 years
$0 - Waived Establishment Fee
$0
You'll receive a fixed rate between 6.49% p.a. and 20.95% p.a. based on your risk profile
A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.

⭐Special Offer:The $595 establishment will be waived for unsecured personal loans between $5,000 and $30,000. Offer ends 31 October 2021. T&Cs apply.
Wisr  Personal Loan ($30,001 to $64,000)

From 6.49% (fixed)
7.11%
$30,001
3 to 7 years
$595
$0
You'll receive a fixed rate between 6.49% p.a. and 20.95% p.a. based on your risk profile
A loan from $30,001 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.
Plenti Variable Rate Personal Loan

From 6.39% (variable)
6.39%
$5,000
1 to 3 years
$0 to $649
$0
You'll receive a variable rate from 6.39% p.a and 17.89% p.a. based on your risk profile
A flexible loan with amounts from $5,000 and terms starting from 12 months. Benefit from transparent costs and a rate estimate before you apply.
NAB Personal Loan Unsecured Variable Rate

From 6.99% (variable)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a variable rate between 6.99% p.a. and 18.99% p.a. (7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
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Compare up to 4 providers

Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 5.35% p.a. and based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 years to 7 years loan terms available. This loan comes with no fees for extra repayments and no early exit fees.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 5.95% p.a. and 19.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

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26 Comments

    Default Gravatar
    Diane
    June 11, 2019

    How do I apply for a loan from Bankwest?

      Avatarfinder Customer Care
      Jeni
      June 13, 2019

      Hi Diane,

      Thank you for getting in touch with Finder.

      You may apply at their nearest branch or online. Please go to Bankwest official page and choose the type of loan you’re planning to apply with to proceed with your online application. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    Bob
    January 21, 2019

    My spouse & I are age pensioners receiving $36000 pa all up as well as $18000 pa from a pension super fund (current bal. $274000. We are seeking a loan of $18000 to assist in purchasing a new car. Regards

      Default Gravatar
      Nikki
      January 22, 2019

      Hi Bob,

      Thanks for getting in touch!

      It’s great to hear that you are looking to apply for a car loan with Bankwest. Please check Bankwest’s eligibility requirements first and when you are ready, visit their main website to apply. As you and your husband are both pensioners, you may also want to compare lenders offering pensioner loans.

      You can click the name of the lender to be redirected to our review page and learn more about the lender’s loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, you may then click on the “Go to site” button if available and you will be redirected to the lender’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before deciding on whether it is right for you. You can also contact the provider if you have specific questions.

      Best,
      Nikki

    Default Gravatar
    Debbie
    August 5, 2017

    I am a pensioner (DSP) with a Superannuation Allocated Pension fortnightly drawdown. I am seeking a loan of $5000.00 which can be repaid over a period of 5-7 years. I would like a loan that I have the ability to make extra repayments on.
    Many thanks.

      Default Gravatar
      Liezl
      August 5, 2017

      Hi Debbie,

      Thanks for reaching out.

      While Bankwest accepts DSP payments, you will need supplementary income to be able to apply for a loan. You may check our list of pensioner loans to find out which lenders will consider you for a loan while you are on pension and the eligibility criteria you will need to meet in order to apply.

      I hope this has helped.

      Cheers,
      Liezl

    Default Gravatar
    Rabe
    July 13, 2017

    Currently on a visa subclass 820 awaiting 801. Working fulltime for 11 months. Needing to purchase a car. Any suggestions. Please and Thank you

      Default Gravatar
      Danielle
      July 16, 2017

      Hi Rabe,

      Thanks for your enquiry. I would love to help.

      In your case, please check our car loans for temporary residents in Australia. On that page, there’s a comparison table, which helps you compare your loan options. Go through it and see which one would best meet your needs, preference, and budget. Select on the “Go to site” button of your chosen loan to be redirected safely to their website where you can apply for the loan or get in touch with a representative for further enquiries.

      I hope this helps.

      Cheers,
      Danielle

    Default Gravatar
    Dawn
    May 5, 2017

    Hi, do you know anyone who would offer an unsecured loan for about $37,000 for a mobile home to a disability pensioner? Thanks.

      Default Gravatar
      Liezl
      May 5, 2017

      Hi Dawn,

      Thanks for reaching out.

      If this interests you, please check our list of pensioner loans for loan options available for those receiving pensions. Please make sure to check the eligibility criteria before applying for a loan.

      I hope this has helped.

      Best regards,
      Liezl

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