Rating based on 41 reviews


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

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Author Westpac. Screenshot of Westpac website.
[Accessed May 3, 2023]

Westpac - They deliver on their promises

Westpac is Australia’s first bank and one of the biggest banking organisations, 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. They now have a wide variety of consumer and business services. They’ve also spent time building up their 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, they spend a great deal of time assisting their customers, the broader community and people to grow.

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

They’ve got five guiding principles and priorities:

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

Westpac values 

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

They will help you all the way

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

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

Let them 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.

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

Debt consolidation

Debt consolidation is the 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. They 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 their repayment calculator to get an indication.

Westpac – Consolidation loan

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

Benefits of Westpac

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

Westpac - Smart debt solutions

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

With 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

Their 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, they’ve got it all. They’ve made investing simple, all you need to do is choose your portfolio and they’ll take care of the rest.

Insurance for business

They understand the need to protect your business is important. After all, this is the bread and butter they’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 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. Their variety of service offerings allows them to assist a large part of the Australian market and you can apply through their online loan application and online banking platform. They take every encounter with their clients seriously and only want the best for them. If you’re ready to move over to Westpac Bank, contact one of their consultants today to discuss your financial needs.

man holding thumbs up

Westpac is a trusted & reliable provider of debt consolidation loans

In our review, Westpac adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ Westpac is a registered credit provider in Australia: ACL 233714

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

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