Auswide Bank personal loans

What personal loans do Auswide Bank offer?

Unsecured personal loans

Don’t have an asset to secure your loan with? No worries, as Auswide Bank also offers a competitive unsecured personal loan deal that comes with a fixed interest rate. With this option unsecured personal loan you can choose a repayment length of 1 to 5 years and can borrow an amount between $3,000 and $50,000. Plus, because the rate is fixed you’ll get the peace of mind of repayment consistency. However, bear in mind you can only make monthly repayments with this loan, there is no option for weekly or fortnightly.  On the flip side, Auswide Bank's Unsecured Personal Loan comes with the flexible feature of an extra repayments facility, which ultimately means you could pay off the loan early by depositing additional cash into the personal loan on top of your regular repayments. But remember, there is a fee for paying off your loan in the first year.

Car loans

Dreaming of zipping the streets of your area in some new wheels? Thankfully, Auswide Bank also provides a car loan option. This fixed rate product allows you to borrow between $5,000 and $75,000 and choose from a 1 to 7 year term. With this loan you can only make monthly repayments however there is the option to make extra repayments whenever you want. Just bear in mind, while there is a redraw facility attached to this loan, there are important terms and conditions to read on the Auswide Bank website which outline eligibility. Auswide Bank wowed our experts this year, bestowing two 2023 Mozo Experts Choice Awards for Best Car Loan and Best Used Car Loan.  

Auswide Bank personal loan features at a glance

• Fees: All of the personal and car loans from Auswide Bank come with an establishment fee, ongoing fee and early repayment fee if you try to pay out one of its loans in the first 12 months.
• Free online statements: You can stay up to date with your loan through the free statements available online.
• Monthly repayments: With all of Auswide Bank’s personal and car loans, repayments are limited to being set up monthly, which could be an issue if you get paid on a weekly or fortnightly basis.
• Extra repayments facility: Auswide Bank gives you the flexibility to pump additional payments into any of their loans thanks to an extra repayments facility. Just make sure you budget for the early repayment fee if you’re planning on paying out the loan in the first year!

How are Auswide Bank personal loan products rated?

Whether you’re searching for a competitive personal loan to pay for a home renovation or your upcoming trip overseas, it’s important the provider you sign up with offers everything from great customer service to convenience. Our customer reviews section is a great place to read up on how your potential personal loan provider is rated by everyday Aussies. To read reviews of Auswide Bank’s personal loans simply click here.

What do I need to apply for an Auswide Bank personal loan?

You can apply for either a personal loan or car loan through Auswide Bank by visiting one of its branches or by completing its pre approval request form online. Here are some of the information and documentation Auswide Bank will request:

• Personal information like your full name and address
• Your occupation, monthly pay and employer details
• Any assets you own, including property, shares, superannuation or vehicles
• Current home loan, personal loan or credit card balances in your name
• If you’re taking out a car loan, details of the security you’re using for the loan (the vehicle)