If you’ve made any extra repayments towards your personal loan, that money has built up in surplus – and you could redraw those extra repayments for free in Bankwest Online Banking and the Bankwest App.
Keep in mind that redrawing your extra repayments will mean those surplus funds will no longer be reducing the interest on your personal loan.
If you’re currently paying more than the minimum amount, you can reduce your repayments to the minimum. You can change your scheduled payments in Online Banking. However, if you have a periodical payment set up, you’ll need to contact us on 13 17 19.
You can message us in the Bankwest App or online banking or call us – were here 24/7.