Our discounted home loan for owner occupiers

Variable rate
Comparison rate
Various tiers apply
Premium Select Home Loan

Why choose our Premium Select Home Loan?

If you're buying a home or simply switching to Bankwest, you'll enjoy fantastic value with this full featured variable home loan. This loan is not available for investment purposes1.


Discounted Rate

Minimum lifetime discount of 1.31% p.a. off our standard variable rate2 (discount rate applicable for new lending only)


Application Fee

Save $695 with $0 application fee



Save with $0 monthly maintenance fee and $0 annual fee


Offset Account

Save on interest and pay your home loan off faster with the Offset Transaction Account
( $10 monthly offset fee applies)3



Choose from weekly, fortnightly or monthly repayments.
Free online redraw facility to access extra funds 24/7.


Advertised rates applicable for new lending only.

Did you know?

88%4 of our home loan customers are seriously satisfied with the service they received.

Our Home Loan Specialists can help you arrange the finance at a time and place that suits you, including weekends.

Amanda Markland

"We'll be your sole point of contact through the home loan process."

Shaun Colleluori

"We can come to you in the morning, afternoon, evening and even the weekend."

Debbie Doran

"Request an appointment and we'll get back to you in one business day."

1 Loan is available for owner occupiers and to individuals only. Not available for trusts or companies and not available for investment purposes. Investment purposes includes but is not limited to, funds for shares, land, construction or an established dwelling (including refinance of investment loans) for investment purposes. Where a loan contains multiple purposes if any purpose is for investment then you will not be eligible for this loan.

2 For owner occupiers the standard variable rate is the Mortgage Shredder Reference Rate.

3 Offset facility not available to companies, businesses and trading family trusts

4 Medallia Survey: Based on customer responses collated by Medallia for Bankwest between 1 July 2014 and 31 December 2014, based on a score of 9 or 10 on a scale of 1 to 10. Total number of responses collated: 1735. Medallia is a registered trademark of Medallia, Inc.

Comparison rate based on a loan of $150,000 for a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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