Unsecured Personal Loan

With no security needed, this type of loan is great when opportunity knocks or unexpected events arise.


Fixed competitive rate

Have peace of mind knowing exactly what your repayments will be.

Repayment options to suit you

Choose the loan term - from three to seven years - and repayment frequency.

Make extra payments

Pay more than your minimum repayments as and when you choose. 1 An early repayment fee applies if you close the loan within the first two years. Close

Access surplus funds 24/7

Redraw online and on the go with the Bankwest App.

Is it right for you?

Our Unsecured Personal Loan is great for consolidating your debt, renovating your home, taking a holiday, buying a car or planning a wedding. Borrow from $3,000 to $50,000.


Save more with no application fees when you apply for an Unsecured Personal Loan.

Rates and fees

Name Rate
Fixed interest rate 10.99% p.a.
Comparison rate 11.32% p.a.
Understand the comparison rate
Name Fee
Monthly loan maintenance fee $5
Early repayment fee if loan is closed in first 24 months $250

Rates are subject to change. Other fees and charges may apply. A full list of fees will be included in your personal loan contract.

What’s the comparison rate?
It’s a tool that can help you identify the truer cost of a loan. It’s calculated using a standard formula that includes the interest rate, as well as certain fees and charges relating to a loan (not all fees and charges are included).

Comparison rate warning:

Comparison rate based on an unsecured personal loan of $30,000 over 5 years. WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees, 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.

Representative example of total loan cost: For $30,000 borrowed over a 5-year term at 10.99% p.a. (11.32% p.a. comparison rate) the total amount payable is $39,427.39 including interest and fees. This example is an estimate only and assumes all repayments are made on time.

Get an idea of your repayments 

Apply today

Here are your next steps...

Check your eligibility

  • People aged 18 years and over
  • Permanent Australian residents
  • Regular income of over $20,000 a year.

Note: Applications are subject to credit approval.

  • Photo identification, such as an Australian driver's licence or passport. Or see a handy list of other ID documents we’ll accept
  • Employment details, including length of employment and employer contact numbers
  • Info about your income, expenses, assets, credit cards and other loans.

Find out more about what you may need to provide.

Apply faster in online banking. Already started? Resume your application.

Applying as a new Bankwest customer? Call us on 13 17 19 or visit a branch today.

Secured Car Loan

Own a car or want to buy one?

With our Secured Car Loan, you could use a car as security to borrow at a lower rate than our Unsecured Personal Loan. Note – conditions apply, like the age and value of the car.

Need help choosing a personal loan?

Speak with someone from the team today.