Prepay your Westpac Online Investment Loan Interest

Complete this form if you would like to fix your interest rate on your Westpac Online Investment Loan.

Questions?

Call a Westpac Customer Relations Consultant on 1300 551 744. Phones lines are available Mon- Fri from 8.00am to 6.30pm (Sydney Time).

All fields need to be completed unless marked 'optional'.

Fixed interest rates are available across various terms with interest either paid monthly in arrears or in advance (prepaid). Please note that the minimum loan balance that can be fixed is $20,000.

Prior to selecting a fixed interest rate contract, we recommend that you read Special conditions for fixed rate loans.


Enter the details of the person making this rollover election.

For company or company trustee borrowers, either 2 directors, or one director and the secretary OR the sole director and the secretary must complete the relevant details below.

 
(Include area code e.g. 0252525252 or 0410444333)

We'll email you to confirm your rollover request has been submitted

When you select this option you may receive a call from one of our staff to validate these changes to your personal details.

Enter the details of the second signatory for this rollover election.

 
(Include area code e.g. 0252525252 or 0410444333)

We'll email you to confirm your rollover request has been submitted

When you select this option you may receive a call from one of our staff to validate these changes to your personal details.

If there is an adviser still listed on your account we will update it to reflect that you no longer have one.

Please complete the fixed interest rate details below in order to confirm the type of fixed loan you want, the amount that you wish to fix, and how long you want the fixed loan to last.

Please take into consideration any changes to your loan balance that may occur prior to expiry of your current term.


(as advised in your offer documentation)

(Must be a business day.)

Ensure the term selected is consistent with the options above. If you have nominated a maturity date, this must be a business day.


(calculation is an estimated amount)
The prepaid interest term may not be 365 days if the maturity date does not fall on a business day.

Total interest to be Prepaid:

You can prepay your interest from any of the below options.

Biller Code: 17111
Ref: Your six digit reference number

Please allow 2 working days for the funds to be received. If the funds are not received prior to the new term start date, the interest will be taken from available margin loan funds. This will increase your variable loan balance by the amount of the interest to be prepaid.

You can transfer the Total Interest to be Prepaid directly to your Westpac Online Investment Loan .
BSB: 262 755
Account No: Your six digit reference number
Account Name: BT Securities Limited

Funds must be received before the new term start date. Please allow 2 working days for the funds to be received.
If the funds are not received prior to the new term start date, the interest will be taken from available funds on your Westpac Online Investment Loan. This will increase your variable loan balance by the amount of the interest to be prepaid.

This will increase your variable loan balance by the amount of the interest to be prepaid.
Interest payments that place the loan account into buffer, or breach the credit limit, generally will not be accepted. Please ensure you have sufficient funds available, if you select this option.

(For fixed rate loans with interest paid in advance only.)

You will need to complete the Direct Debit Request Form (to be returned separately).


By submitting this request form I am making the following statements:

  • I acknowledge and understand this form including “special conditions for fixed rates loans” and that the information I have completed is true and correct.
  • I acknowledge that the full interest payment must be received by the prepaid fixed loan start date.
  • I acknowledge that interest paid in advance is not refundable.
  • I agree that if a fund transfer from my preferred method fails for any reason, I will be debited any interest due from your available margin loan funds.
  • I understand that there may be costs associated with breaking a fixed rate contract prior to its end date.

 

Submitting your request,

 

please wait...

 

Next steps

Thank you for submitting your request to fix your interest rate on your Westpac Online Investment Loan.
You will receive a confirmation email letting you know that we have received your request.
Once this request has been processed you will receive either an SMS or email.

Questions?

Call a Westpac Customer Relations Consultant on 1300 551 744. Phones lines are available Mon- Fri from 8.00am to 6.30pm (Sydney Time).