8.0/10

Based on 265 Auswide Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Auswide Bank personal loans

Auswide Bank (previously known as Wide Bay Australia) was launched almost 50 years ago as an alternative lender to the major banks in Australia. Today, the challenger brand offers an extensive range of banking products across home loans, credit cards, term deposits, superannuation and of course personal loans.

When it comes to Auswide Bank’s personal loans, you can opt for either a secured or unsecured loan for a range of borrowing reasons including but not limited to cars, motorcycles, boats, overseas travel and weddings. The lender also received two 2023 Mozo Experts Choice Awards for Best Car Loan and Best Used Car Loan.

Auswide Bank offers the following personal loans

Rates and fees verified as correct at 18 June 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate from Comparison rate from Upfront fee
Car Loan (Fixed)

6.99% p.a.

7.70% p.a.based on $30,000
over 5 years

$250.00

Home Renovation Loan (Fixed) (Unsecured)

8.40% p.a.

9.10% p.a.based on $30,000
over 5 years

$250.00

Unsecured Personal Loan (Fixed)

11.40% p.a.

12.10% p.a.based on $30,000
over 5 years

$250.00

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)

How are Auswide Bank personal loans rated?

Mozo users have rated Auswide Bank personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
Auswide Bank personal loans customer reviews
Overall
6.5/10
Price
5.3/10
Features
4.4/10
Customer service
6.9/10
Convenience
5.2/10
Trust
6.7/10
Based on 11 Auswide Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Auswide Bank personal loan reviews

Auswide Bank Unsecured Personal Loan
Overall 9/10
Great

Auswide Bank is great.

Read full review

Auswide Bank is great.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Wayne, Victoria, reviewed over 5 years ago
Auswide Bank Unsecured Personal Loan
Overall 9/10
Show me the money

They are the bank for me, I'm sure unless you can find me a better bank

Read full review

They are the bank for me, I'm sure unless you can find me a better bank

Price
9/10
Features
8/10
Customer service
9/10
Convenience
9/10
Trust
10/10
Less
Joshua, Queensland, reviewed over 5 years ago
Auswide Bank Secured Personal Loan
Overall 7/10
insure ur future

good

Price
7/10
Features
7/10
Customer service
6/10
Convenience
5/10
Trust
6/10
Less
Marichel, Queensland, reviewed over 9 years ago
Auswide Bank Personal Loan
Overall 1/10
I like them & will stay with them

If I every need help they always try & help me if I'm truble with making house payments

Read full review

If I every need help they always try & help me if I'm truble with making house payments

Price
2/10
Features
2/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Mozo community reviewer, , reviewed over 9 years ago
See all personal loan reviews
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

Personal loan quick links