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 Share Trading 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 1 April 2020.

Standard BT Margin Loan 6.17%


Fixed interest

Period Paid in advance Paid monthly in arrears
3 months 5.54% 5.64%
6 months 5.54% 5.64%
9 months 5.54% 5.64%
12 months 5.54% 5.64%
2 Years 5.84% 5.94%
3 Years 5.99% 6.09%
4 Years 6.14% 6.24%
5 Years 6.29% 6.39%


Cash Management Account

BT Investment Gearing Cash Management Account