Bankwest

Bankwest offers a straightforward, welcoming, and safe banking experience.

Their team of over 3,000 dedicated members simplifies banking across Australia, supporting customers from savings to selling. This entity surpasses expectations in community engagement, volunteering approximately 7,000 hours annually.

With a history of over 125 years, Bankwest has always been there to assist customers without fail. In 2021, they played a crucial role in protecting customers from scams and fraud, saving an estimated $90 million. They also provide a variety of in-app payment options for flexible and personalised banking experiences.

By equipping brokers with essential tools, service and support, the bank ensures exceptional encounters for its customers. To further enhance accessibility, Bankwest provides a 24/7 Australian-based contact centre, reachable through the phone or online channels.

Equality trailblazers and technological innovators

Throughout its history, this financial institution has been a trailblazer in meeting customer needs and introducing innovative banking solutions. They were ahead of their time, introducing drive-in branches and after-hours cash dispensers in Western Australia before ATMs became widespread.

They took significant steps towards equality by being the first bank in WA to appoint women to permanent telling positions.

They also led the way in Australia by fully implementing electronic data processing. By staying at the forefront of banking technology, they’ve managed to consistently benefit their customers.

Simplify your banking experience with Bankwest

This prestigious bank is all about banking with less hassle, complexity, and frustration. They prioritise relationships over transactions and aim to provide solutions right from the first contact. With a focus on charging fewer fees, more money stays in your pocket for the things that matter.

They keep you informed and avoid nasty surprises with easy alerts, providing notifications when your funds are running low. You can also organise your finances effortlessly by bucketing your money and personalising account nicknames.

Scam detection available around the clock

Bankwest takes your security seriously, with local experts trained in scam detection available round the clock.

During tough times, they offer support packages to help alleviate stress and provide flexible solutions. With Bankwest, it's all about banking with fewer concerns and tension.

Bankwest's secured car loan with fixed rates, offering you a competitive interest rate of 7.99% p.a. and a comparison rate of 8.34% p.a.

You have the flexibility to choose a loan term ranging from three to seven years, along with your preferred repayment frequency. With no application fee, you can have peace of mind knowing your exact repayments.

The loan allows borrowing amounts up to $100,000, up to 120% of the value of the security. Bankwest also provides convenient features such as online redraw through the Bankwest App.

It's important to note that there may be additional fees, including a monthly loan maintenance fee of $5 and an early repayment fee of $250 if the loan is closed within the first 24 months.

Bankwest car loans: Benefits to suit your needs

Choose your loan term and repayment frequency

You have the flexibility to choose the loan term, ranging from three to seven years, and select a repayment frequency that works for you.

Repay your loan early

You also have the option to make extra payments beyond the minimum requirement whenever you choose.

Bankwest’s convenient redraw facility

This financial institution also provides access to surplus funds 24/7, allowing you to redraw online and on the go using the Bankwest App.

Bankwest car loans: Rates and fees unveiled

When it comes to Bankwest's car loans, there are important aspects to consider, such as the rates and fees associated with the loan. The fixed interest rate stands at 7.99% p.a., providing stability and predictability for your repayments. The comparison rate, which includes additional fees and charges, is 8.34% p.a.

Understanding the comparison rate is crucial when considering this organisation’s car loans. It's also important to note the $5 monthly loan maintenance fee and the potential $250 early repayment fee within the first 24 months. These factors promote transparency and assist in effective car loan planning.

Explore different car choices and secure financing

Bankwest car loans provide a simple and flexible way to borrow money. You can borrow between $10,000 and $100,000 to finance your desired car or motorcycle. Vehicles valued at a minimum of $10,000 can be used as collateral for the loan. With many options available, you can explore different car choices and secure financing for your next adventure.