Rating based on 41 reviews

Westpac

Updated

  • Debt consolidation loans up to $50,000
  • Low-interest starting from 12.99%
  • Repayment up to 7 years

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Westpac homepage

Author Westpac. Screenshot of Westpac website. [Accessed April 12, 2018]

About Westpac

Westpac is Australia’s first bank and one of the biggest banking organizations, established in 1817 as the Bank of New South Wales.

Following the acquisition of the Commercial Bank of Australia, the name was changed to Westpac. We now have a wide variety of consumer and business services. We’ve also spent time building up our institutional banking and wealth management services.

Westpac's strategy and vision

With the vision of the bank to be one of the world’s great service companies, we spend a great deal of time assisting our customers, the broader community and people to grow.

We want to build a deep and meaningful relationship with every client. In doing so, we’re able to focus on a large portion of the Australian market. While making sure we deliver on our promises.

We’ve got five guiding principles and priorities:

  • Service leadership
  • Digital transformation
  • Performance discipline
  • Growth highways
  • Workforce revolution

Westpac values 

In order for us to deliver on our promises to our customers, we ensure all our employees have a full understanding of our company values and this is brought forward within the way they conduct themselves on a daily basis. Our company values are Integrity, Service, One Team, Courage and Achievement.

Westpac Services

The bank places a large focus on its contribution it makes to protect the environment. By keeping this at top of mind, sustainability comes to every employee naturally.

Our staff is dedicated to helping all their clients make better financial decisions. Every consultant is there for their customer until the very end.

Let us help you

Within the Australian market, it's common for people to have debt. The level of debt ranges from person to person and it mostly boils down you deal with it.

Our experienced team can assist you in managing your finances. One of the ways in which we assist our clients with their finances is through debt consolidation.

Debt consolidation

Debt consolidation is a process of bringing all your debts and settling them with one debt consolidation loan. By doing this you only have one amount going off your account as opposed to multiple amounts.

This way you will never forget a payment again and move towards the financial freedom you deserve. We can assist you by offering a personal loan. By doing this, the repayments will be calculated over a fixed term.

This means at the end of your loan period, you’ll be completely debt free. If you’re wondering if it's worth it, be sure to use our repayment calculator to get an indication.

Westpac Product Details

  • Loan Type Debt consolidation loans
  • Interest Rate from 12.99%
  • Loan Amount up to $50,000
  • Repayment 1 year to 7 years

Summary of Services

  • Fast online loan approvals
  • Flexible loan terms
  • Affordable monthly repayment
  • Consolidate all your debt
  • Become debt-free

Westpac - Smart debt solutions

We’re all about the bigger picture and that’s why we offer the option of share trading to our clients. With our hands-on approach, we’ll ensure you’re trading smart.

With having three packages to choose from, you’ll be sure to have one which will meet your needs whether you need debt consolidation or a quick loan. There are a variety of tools which have been developed to keep you informed about your trading.

Requirements for debt consolidation at Westpac

  • You want to borrow between $4000 and $50 000
  • Willing to take a fixed interest rate of 12.99%
  • You are able to pay your loan off between 1 and 7 years

As part of the requirements for your debt consolidation you also have the option of refinancing Australian, non-Westpac Personal Loans, credit cards or shop cards. You’ll also have access to your funds by using a Westpac account within an hour after your request has been approved. 

Ready-made investment portfolios

Our ready-made investment portfolios have been carefully selected to offer customers the best variety of assets which are aligned to acknowledge wealth industry investor profiles. All of these cover every stage of your wealth journey. Whether you want to invest conservatively, moderately or balanced, we’ve got it all. We’ve made investing simple, all you need to do is choose your portfolio and we’ll take care of the rest.

Insurance for business

We understand the need to protect your business is important. After all, this is your bread and butter we’re speaking about. With any business, it becomes reliant on a number of key people. Should something happen to one of those people, you’ll need to make sure you’ve got a backup plan in place to make provision for this. By taking out insurance for this you’ll cover yourself for the potential loss you might make.

The same can be said for the business continuity, depending on what your succession plan is, you’ll need to ensure everything can continue as normal until it kicks in. A continuity plan with Westpac can cover some of your crucial businesses expenses like:

  • Advertising costs
  • Rental
  • Property rates and taxes
  • Leasing costs for your equipment and vehicles
  • Operation costs such as water, electricity and gas and your telephone.

These are just some of the many portfolios which are covered at Westpac Bank. Our variety of service offering allows us to assist a large part of the Australian market and you can apply through our online loan application and online banking platform. We take every encounter with our clients seriously and only want the best for them. If you’re ready to move over to Westpac Bank, contact one of our consultants today to discuss your financial needs.

Customer Reviews & Testimonials

January 2019

When I approached Westpac to assist me in taking control over my debts that had become too much for me to handle on my own, they showed that they cared and went above and beyond to get me the sol...

Frankie B
— Melbourne —

December 2018

Not only were they completely professional and committed, but they were also invested in me as an individual.

Mason S
— Canberra —

February 2019

I was so happy with how swift the process was. This meant I could get on top of my debts sooner rather than later, which I was very pleased with.

Cooper A
— Sydney —

Westpac Contact Details

Physical Address

Opening Hours

  • Monday 09:30 – 16:00
  • Tuesday 09:30 – 16:00
  • Wednesday 09:30 – 16:00
  • Thursday 09:30 – 16:00
  • Friday 09:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed