Auswide Bank, formerly Wide Bay Australia, has provided financial services for Australians since its beginnings as a building society over 50 years ago.
Auswide Bank is not considered one of Australia’s major banks, but it does have over 20 branches for their Australian customers to visit.
In addition to personal loans, Auswide also offers customers home loans, bank accounts, credit cards, term deposits, superannuation, insurance and financial advice.
Benefits
Drawbacks
Australian Credit Licence 239686Fees & charges apply
8.40%
9.10%
$614
$36,843
Australian Credit Licence 239686Fees & charges apply
11.40%
12.10%
$658
$39,496
Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios.
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Auswide Bank personal loans encompass a wide range of options for customers, including unsecured, partially secured and secured loans. Fixed and variable interest rates are also available.
Loan terms of up to seven years are available depending on the type of loan chosen by Auswide’s members.
Personal loans up to $75,000 are possible depending on if the loan type is secured or not.
Auswide Bank personal loan rates vary from moderate to high depending on factors such as if the loan is secured or unsecured.
Members who take out an Auswide Bank personal loan can expect upfront fees, monthly fees, early exit penalty fees and missed payment fees.
With over 20 branches, Auswide isn’t one of Australia’s major banks, but does offer in-person customer service throughout the country in addition to online banking services.
Members can also reach Auswide Bank customer service by phone or email.
People looking to secure a personal loan with Auswide Bank must meet the following criteria:
The following application methods are available from Auswide Bank:
Auswide Bank is a smaller-sized bank when compared to other lenders in the Australian market.
The bank offers a wide range of loans that could cater to different needs of those looking to borrow money, such as everyday borrowers, students or home renovators.
Personal loan interest rates from Auswide Bank range from moderate to high. As such, borrowers looking for low interest rates might not be satisfied with what’s on offer from Auswide Bank.
Early exit penalty fees might also be a disincentive for those who are looking to pay off their debts before the term limit. Upfront fees, monthly fees and missed payment fees also apply, which could end up being costly.
Use RateCity to compare personal loans and find the best personal loan rates for your borrowing needs.
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.
