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  • Westpac Rocket Repay Home Loan (Premier Advantage Package)

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    • 6.39%variable

    • 6.74%

    • $395.00Yearly

    • $0

    • 6.39%variable

    • 6.74%

    • $395.00Yearly

    • $0

    Currently showing:

    Rates

    Variable rate
    6.39%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.74%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    none

    Fees

    Application fee
    $
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $395.00Yearly
    Discharge fee
    $150.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, Fortnightly, Monthly
    Extra repayments
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes - free
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    yes
    Other restrictions
    none
    Other benefits
    Premier Advantage Package benefits include no monthly service fees on a Classic Plus or Westpac Choice transaction account and annual fee waivers on selected credit cards.

    Other financial bits

    Minimum loan amount
    $150,000.00
    Maximum loan amount
    $249,999.00

    Rates

    Variable rate
    6.39%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.74%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    none

    Fees

    Application fee
    $
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $395.00Yearly
    Discharge fee
    $150.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, Fortnightly, Monthly
    Extra repayments
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes - free
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    yes
    Other restrictions
    none
    Other benefits
    Premier Advantage Package benefits include no monthly service fees on a Classic Plus or Westpac Choice transaction account and annual fee waivers on selected credit cards.

    Other financial bits

    Minimum loan amount
    $250,000.00
    Maximum loan amount
    $

    About Westpac

    As Australia’s first bank, Westpac has been serving customers since 1817! Now that Westpac has merged with St George to create Australia’s largest financial services company. Westpac customers will benefit from things like being able to use both banks’ ATM networks without paying any extra fees. So if you’re after the security offered by a major bank, check out Westpac’s range of banking products such as savings accounts, home loans, personal loans, credit cards and other financial services such as its car and home and contents insurance.

    How are Westpac home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Westpac home loans 6.2 Based on 406
    Westpac home loan reviews
    5.7 5.8 6.4 7.6 6.2

    Read Westpac home loan reviews by the Mozo community

    Latest reviews of Westpac Rocket Repay Home Loan (Premier Advantage Package)

      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Customer service is ok, however, bad reputation

          1. Overall customer rating
          2. (Reviewed 16 days ago)

        Westpac offer me the 1.05% variable interest rate discount, which sounds no bad, however, the interest rate is still higher than some of other main banks after discount, so I wouldn't recommend them to my friends.       Full review 

        Westpac offer me the 1.05% variable interest rate discount, which sounds no bad, however, the interest rate is still higher than some of other main banks after discount, so I wouldn't recommend them to my friends.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Zhong from New South Wales

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Customer service was out of this world

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        The bank manager personally assisted us when we were looking to build and did everything in her power to help us. We weren't able to get the loan we wanted but she was able to find a way to help us with other options.       Full review 

        The bank manager personally assisted us when we were looking to build and did everything in her power to help us. We weren't able to get the loan we wanted but she was able to find a way to help us with other options.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Katie from South Australia

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Competitive rates and easy online banking

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        We have saved thousands off interest repayments and shaved years off our loan with this product enabling us to be in the position to invest in new properties. Online banking is so easy and convenient. The only con was that we could only get the be...       Full review 

        We have saved thousands off interest repayments and shaved years off our loan with this product enabling us to be in the position to invest in new properties. Online banking is so easy and convenient. The only con was that we could only get the best rate when going through a financial broker.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Sara from Victoria

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Great customer service.

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        I like this product because it has good customer service in person and easy online service. The annual fees are one off which includes 2-3 accounts with unlimited transactions. However the interest rates fluctuates and to pay less interest I have ...       Full review 

        I like this product because it has good customer service in person and easy online service. The annual fees are one off which includes 2-3 accounts with unlimited transactions. However the interest rates fluctuates and to pay less interest I have to have loads of money in the offset account.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Kaylin from New South Wales

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Flexible product, but highest rate in the market.

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        The product is flexible but has the highest interest rate of all the banks. You can easily obtain all the same features with another bank at a lower interest rate, so I could not possibly recommend this product. When calling Westpac to discuss...       Full review 

        The product is flexible but has the highest interest rate of all the banks. You can easily obtain all the same features with another bank at a lower interest rate, so I could not possibly recommend this product. When calling Westpac to discuss the loan, they justify having the highest interest rates in the market by saying they have the largest branch network in Australia. (The guy I spoke to must have repeated that line 4 or 5 times during our conversation). In today's world were you can do all your banking online, this is a stupid way to justify it. As a result, they were not interested in matching any of the smaller lenders and in my case they would not even match the larger lenders lower rates as it would take me three years to recover my exit fees. It seems being with Westpac for nearly 20 years and having many products with them. (Home loan, Credit Card, Super, life insurance, etc) means nothing. Time to change.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by John from Victoria

        1 person found this review helpful – do you?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Customer service excells beauty mate!!!

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        With so much to compete with Westpac does it's share makes me feel real good that about me they really do care they've helped us out when we've been down and lifted us back up I have no doubt the future holds them above some others to me MY bank r...       Full review 

        With so much to compete with Westpac does it's share makes me feel real good that about me they really do care they've helped us out when we've been down and lifted us back up I have no doubt the future holds them above some others to me MY bank really shines.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Karen from Queensland

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Great service and low rates.

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        The product has allowed me to better control my funds whilst minimising my debt. I also receive reward points which I can convert to tangible items.       Full review 

        The product has allowed me to better control my funds whilst minimising my debt. I also receive reward points which I can convert to tangible items.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Steve from Victoria

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Competitive rates, good customer service

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        Westpac is like any of the banks, you NEED to shop around for the best deal. Westpac does offer competative rates so they are definately worth a look. Their customer service is good & branches & ATM's are readily available.       Full review 

        Westpac is like any of the banks, you NEED to shop around for the best deal. Westpac does offer competative rates so they are definately worth a look. Their customer service is good & branches & ATM's are readily available.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Livia from New South Wales

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Willing to negotiate

          1. Overall customer rating
          2. (Reviewed 2 months ago)

        Ring them to negotiate and they will more than likely come to the party and lower your interest rate. It worked for me.       Full review 

        Ring them to negotiate and they will more than likely come to the party and lower your interest rate. It worked for me.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Tania from New South Wales

        Was this review helpful?

        Yes
      • Westpac Rocket Repay Home Loan (Premier Advantage Package) *

        • 6.39%

          variable rate

        • 6.74%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Great product, great price.

          1. Overall customer rating
          2. (Reviewed 4 months ago)

        Has all the "Bells & Whistles" in one product at a competitive price.       Full review 

        Has all the "Bells & Whistles" in one product at a competitive price.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Rocket Repay Home Loan (Premier Advantage Package) home loan review by Berin from Western Australia

        Was this review helpful?

        Yes

    *The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan, based on the loan amount and loan term you entered. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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