145 live products
BankSA
Best available rate
5.79%p.a.
Basic Variable Home Loan
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.80%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
BankSA
Best available
From 5.79% p.a.
Line-up
145 live products
VS
BankSA vs Westpac
Compare BankSA and Westpac home loans in March 2026. BankSA offers rates from 5.79% p.a. across 145 products, while Westpac starts at 5.79% p.a. with 179 products.
Bank Two
VS
179 live products
Westpac
Best available rate
5.79%p.a.
Fixed Rate Home Loan (Investment Fixed 1 Yr)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
6.45%
Offset
Not included
Redraw
Included
Live edge
Westpac is lower on headline home loan rate by 0.00%, which is roughly $0 per month on a $500,000 loan.
0.00% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | BankSA | Westpac |
|---|---|---|
| Interest rate | 5.79% | 5.79% |
| Comparison rate | 5.80% | 6.45% |
| Offset account | No | No |
| Redraw | Yes | Yes |
All BankSA Products
Every tracked home loans option from BankSA.
All Westpac Products
Every tracked home loans option from Westpac.
BankSA's lowest variable rate is 5.79% p.a. (comparison rate 5.80%) while Westpac starts at 5.79% p.a. (comparison rate 6.45%).
Key features: BankSA includes redraw, Westpac includes redraw.
Quick Comparison
| Feature | BankSA | Westpac |
|---|---|---|
| Interest Rate | 5.79% | 5.79% |
| Comparison Rate | 5.80% | 6.45% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
| Annual Fee |
Common Questions
BankSA vs Westpac FAQs
Which bank has a lower home loan rate, BankSA or Westpac?
BankSA currently offers the lower variable rate at 5.79% p.a. compared to 5.79% p.a. Always check the comparison rate for a true cost picture.
Do BankSA and Westpac home loans have offset accounts?
BankSA does not include an offset account. Westpac does not include an offset account.
What is BankSA's lowest home loan rate in 2026?
BankSA's lowest variable rate is 5.79% p.a. (comparison rate 5.80%) on the Basic Variable Home Loan.
What is Westpac's lowest home loan rate in 2026?
Westpac's lowest variable rate is 5.79% p.a. (comparison rate 6.45%) on the Fixed Rate Home Loan (Investment Fixed 1 Yr).