Rating based on 37 reviews

Westpac

Updated

  • Personal loans up to $50,000
  • Low-interest starting from 10.95%
  • Repayment up to 5 years

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Westpac homepage

Author Westpac. Screenshot of Westpac website. [Accessed April 17, 2018]

About Westpac

Gold was discovered in Otago a month before the bank agreed to take over the Oriental Banks of New Zealand businesses back in April 1861.

Our Bankers were soon to be riding horses and sleeping in tents so that they were could provide a service to the gold fields. By the end of 1861, the Bank of New South Wales had already opened its 7th branch.

There are two loan types to take into consideration:

  • A secured loan - this loan is protected by an asset which is used as collateral against the loan. Meaning that should you default on the loan, the asset, such as your car or house can be repossessed.
  • An unsecured loan - this long or short-term loan does not require any sort of asset as collateral. Meaning that if you do default on your loan, there is no risk of your car or house being repulsed.

Our personal loans at your fingertips

A personal loan permits you to use the funds as you feel fit. You can purchase a boat, car, and wedding or even giving your house a face-lift, you can also use a personal loan to consolidate your debt – it’s entirely up to you.

Car loans

Invest in a vehicle for the whole family or buy your first ride maybe secure your dream, we aim to please with what you want. Westpac makes financing your new car simple and easy; our terms are flexible and offer a tailored interest rate suited just for you. Enjoy the freedom of an unsecured car loan because there is no need to offer your car as security.

Westpac Services

Choosing a Westpac loan allows you finance for a new or used car, our response to your car loan application is quick which means we won’t leave you hanging.

You’ll have the bargaining power of a cash buyer which comes in handy when you are shopping for a good deal.

Get these benefits with a car loan:

  • Flexible loan payment options – no early settlement penalty
  • Approval – funds could be in your Westpac account the following day
  • You could borrow up to an amount of $50,000 for unsecured personal loans

Debt consolidation loan

There are more interesting things to worry about than money. It gets somewhat tiresome when you have to remember to make repayments on credit cards, store cards, and several other loans so why not roll your debts into one simple loan. With a debt consolidation loan from Westpac, combine all your debts into one manageable personal loan account you can stop the worry plus you could save on interest. Why not enjoy the freedom of getting your finances sorted out by setting a date where you are debt free.

  • It’s easy to apply for a loan online
  • You can pay one interest rate, it’s possible that it’ll be lower than the one you are currently paying.
  • You only need to make one payment – choose monthly or perhaps you prefer every fortnight.
  • You can choose between one and five year term period to settle your flexible personal loan.
  • We offer you the flexibility to make extra repayments without paying any penalties

Westpac Product Details

  • Loan Type Personal loans
  • Interest Rate from 10.95%
  • Loan Amount up to $50,000
  • Repayment 6 months to 5 years

Summary of Services

  • No charges for overpayments
  • No fees for early repayment
  • Loan top-up

Westpac - Our loans come with a range of value-added benefits

It’s exciting when you start planning your home renovation, you can turn it into your very own project do the things you’ve always wanted to do.

With a pre-approved personal loan, you can be realistic and budget knowing what you have to work with. Avoid having to use your equity in your existing home by financing your home renovations with a Westpac personal loan because this could possibly add value and comfort to your property.

Home renovation loans

  • We offer you the flexibility to make extra repayments without paying any penalties
  • The approval – fund could be in your Westpac account the following day
  • Get what you need now and pay us back in a period of up to five years
  • You are able to apply to top up your loan at any time
  • Normally this personal loan allows you to borrow up to $50,000 unsecured personal loan but you could get some extra cash depending on your circumstances

Travel loans

That vacation you’ve been daydreaming about well it time to put your plan into action or take your family on that overseas holiday you’ve been talking about. Our flexible quick cash loan options give you the benefit of settling your loan over a maximum of five years offering competitive interest rates and the payment option fits your lifestyle. The benefits that come with a travel loan:

  • Approval – funds could be in your Westpac account the following day
  • Get what you need now and pay us back in a period of up to five years.
  • You are able to apply to top up your loan at any time
  • Normally this personal loan allows you to borrow up to $50,000 on an unsecured personal loan but you could get some extra cash depending on your circumstances
  • You have the option of topping up your loan at any given time

Customer Reviews & Testimonials

The staff has a very positive attitude and they treat you with a lot of respect. I would definitely get another loan with Westpac.

Jonny E
— Hamilton —

Westpac understands the needs of ordinary Kiwis. They made the process of applying for my personal loan to be so simple, saving me time and money.

Renee B
— Dunedin —

It’s been an absolute pleasure getting my personal loan through Westpac. Their customer service is second to none.

Alex C
— Wellington —

Westpac Contact Details

Physical Address

  • 4 Baxter Street, Warkworth Auckland Auckland Region 0910 New Zealand
  • Get Directions

Postal Address

  • 53 Galway Street, Auckland, 1010, New Zealand

Opening Hours

  • Monday 09:00 – 16:30
  • Tuesday 09:00 – 16:30
  • Wednesday 09:00 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 09:00 – 16:30
  • Saturday Closed –
  • Sunday Closed –