Westpac Flexi Loan


Flexi Loan is different to a traditional personal loan. It allows you to withdraw funds whenever you want (up to an agreed limit) without reapplying.


Interest Rate
14.99 % p.a.
Establishment Fee
$150
Monthly Service Fee
$12

Line of credit

No fee for additional withdrawals, no early repayment fee and no exit fee. Withdrawals may need to be authorised

  • Interest Rate
    14.99% p.a.
  • Establishment Fee
    $150
  • Monthly repayments
    2% of the closing monthly unpaid balance (rounded up to the nearest dollar) or $10 – whichever is greater
  • Monthly Service Fee
    $12


Secure online application


  • Clicking the Apply Now button will take you to your Online Application on the bank's website.
  • Your application will take less than 10 minutes to complete

Some Benefits of Westpac Flexi Loans

  • $150 establishment fee

    Establishment fee of $150 is added to your loan amount

  • Apply for a credit limit ranging from $4,000 to $50,000

    Only pay interest on your outstanding balance, not the assigned credit limit

  • 14.99% p.a. interest rate

    Only pay interest on your outstanding balance, not the assigned credit limit

  • Make withdrawals whenever you want

    No fee for additional withdrawals, no early repayment fee and no exit fee. Withdrawals may need to be authorised

Other Pros

  • Variable interest rate of 14.99% p.a.
  • Credit limit between $4,000 and $50,000

Cons

  • $12 monthly service fee
  • $150 establishment fee

Westpac Flexi Loan

Apply now

How to apply for a Westpac Flexi Loan

If you are interested in applying for a Westpac Flexi Loan, then it is as easy as clicking the 'apply now' button to be redirected to the online application form. Take a look at the application criteria and what you will need to apply:



Application criteria

Make sure you meet the following criteria before you apply:

  • Aged 18 years or over
  • Regular permanent income
  • You need to be a permanent resident of Australia

Required information

  • Identification
  • Financial information, including details of your existing financial commitments
  • Income and employment details

If this loan sounds like it is right for you, hit the 'apply now' button to get the application process started.

Westpac Flexi Loan