Interest rates.

If you do not pay amounts when they are due and this causes your loan account to exceed your limit, the rate of interest that applies to that overlimit amount will be the interest rate + 5% p.a.

Base rate.

The following base rate is listed for disclosure purposes. For more information on Base Rates, see your loan terms and conditions.

Westpac may change the Base Rate, replace it with a new Base Rate, or change the modifier (if any) or the margin (if any) from time to time.


Fees are subject to change.


Things you should know.

Interest rate is subject to change.

Eligibility criteria, lending criteria, terms and conditions apply. You'll need to be 18 or older and a New Zealand citizen or permanent resident with a Westpac transaction account. If you’re not a New Zealand citizen or permanent resident but you’re working in New Zealand, or you don’t meet the other criteria, we still may be able to help.

The Westpac personal loan interest rate (also known as the Annual Interest Rate) is a combination of a base rate and a margin. The Westpac standard personal loan interest rate of 13.90% p.a. is currently based on a base rate of 14% less a margin of 0.10%. Westpac may change the base rate, replace it with a new base rate or change the margin from time to time.

Electric and hybrid cars, e-mopeds and e-bikes are eligible for the EV loan.

The EV loan is subject to withdrawal at Westpac’s discretion without notice. All applications are subject to Westpac approval.

*The EV loan interest rate of 7.99% p.a. is a combination of Westpac’s personal loan base rate of 14%p.a. less a margin of 6.01% p.a. Westpac may change and/or replace its personal loan base rate or the margin from time to time.