106 live products
Bankwest
Best available rate
5.69%p.a.
Bankwest Simple Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.72%
Offset
Included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
Bankwest
Best available
From 5.69% p.a.
Line-up
106 live products
VS
Bankwest vs Westpac
Compare Bankwest and Westpac home loans in March 2026. Bankwest offers rates from 5.69% p.a. across 106 products, while Westpac starts at 5.79% p.a. with 179 products. Bankwest currently has the lower rate by 0.10%.
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
Bankwest is lower on headline home loan rate by 0.10%, which is roughly $42 per month on a $500,000 loan.
0.10% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bankwest | Westpac |
|---|---|---|
| Interest rate | 5.69% | 5.79% |
| Comparison rate | 5.72% | 6.45% |
| Offset account | Yes | No |
| Redraw | Yes | Yes |
All Bankwest Products
Every tracked home loans option from Bankwest.
All Westpac Products
Every tracked home loans option from Westpac.
Bankwest's lowest variable rate is 5.69% p.a. (comparison rate 5.72%) while Westpac starts at 5.79% p.a. (comparison rate 6.45%). Bankwest is 0.10% lower, which saves approximately $42/month on a $500,000 loan.
Key features: Bankwest includes offset, Bankwest includes redraw, Westpac includes redraw.
Quick Comparison
| Feature | Bankwest | Westpac |
|---|---|---|
| Interest Rate | 5.69% | 5.79% |
| Comparison Rate | 5.72% | 6.45% |
| Offset Account | Yes | No |
| Redraw Facility | Yes | Yes |
Common Questions
Bankwest vs Westpac FAQs
Which bank has a lower home loan rate, Bankwest or Westpac?
Bankwest currently offers the lower variable rate at 5.69% p.a. compared to 5.79% p.a. Always check the comparison rate for a true cost picture.
Do Bankwest and Westpac home loans have offset accounts?
Bankwest offers an offset account. Westpac does not include an offset account.
What is Bankwest's lowest home loan rate in 2026?
Bankwest's lowest variable rate is 5.69% p.a. (comparison rate 5.72%) on the Bankwest Simple Home Loan (Variable).
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).