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 28 May 2018.

Standard BT Margin Loan 7.12%

Effective Monday 22 October 2018, we will be increasing the variable interest rate on BT Margin Loans by 0.17%.

We carefully consider every interest rate decision we make as we know increasing interest rates impact our customers. This decision reflects a sustained increase in wholesale funding costs..


Fixed interest (in advance)

Period Standard BT Margin Loan BT Margin Lending_Online Loan
3 months 6.84% 6.64%
6 months 6.84% 6.64%
9 months 6.84% 6.64%
12 months 6.84% 6.64%
2 Years 7.14% 6.94%
3 Years 7.29% 7.09%
4 Years 7.44% 7.24%
5 Years 7.59% 7.39%


Cash Management Account

BT Investment Gearing Cash Management Account