Margin loan interest rates

BT Margin Lending offers both variable and fixed interest rates for Standard BT Margin Lending and BT Margin Lending Online.

The BT Margin Lending_Online interest rates can apply only when you link a BT Margin Loan to a Westpac Online Investing account. Prepaying a fixed interest rate allows you to lock in interest rate certainty for up to a year and allows for easier cash flow management.

The interest paid may also be tax deductible depending on your personal circumstances and subject to the prepayment tax rules. Tax laws are complex and may change over time, possibly with retrospective application. You should consult a tax specialist or your financial adviser regarding the tax consequences of investing in a margin loan.

See also: Margin Lending LVRs and approved securities lists.

 


Variable interest

Interest rates are reviewed monthly and are subject to change.
Rates below are effective 01 September 2016.

Standard BT Margin Loan 7.12%
BT Margin Lending_Online Loan 6.92%

On 2 August 2016, the Reserve Bank of Australia lowered the cash rate by 25 basis points to 1.50 per cent. In response to this reduction, BT Margin Lending will be reducing the variable interest rate by 25 basis points for all customers, effective 1 September 2016.

 

Fixed interest (in advance)

Period Standard BT Margin Loan BT Margin Lending_Online Loan
3 months 6.49% 6.29%
6 months 6.49% 6.29%
9 months 6.49% 6.29%
12 months 6.49% 6.29%
2 Years 6.64% 6.44%
3 Years 6.79% 6.59%
4 Years 6.94% 6.74%
5 Years 7.09% 6.89%

  • You may choose to pay fixed interest monthly in arrears for an additional 0.10%
  • The maximum period you may pre-pay is 12 months in advance
  • Prepaid interest is not refundable

Cash Management Account

BT Investment Gearing Cash Management Account
0.50%