Wesbank Cashpower

Wesbank Cashpower

This is an estimated monthly payment amount, pending a formal application. Loan repayment terms range from 24 to 72 months. The maximum interest rate with regards to a CashPower Personal Loan is 24.50% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile.


An illustrative example of a loan at an interest rate of 24.50% per annum would be: Loan amount R60,000.00 plus a once-off initiation fee of R1,207.50 and a monthly admin fee of R69.00, over 72 months. The total cost of the loan will be R137,754.32 which is a fixed Annual Percentage Rate (APR) of 32.76%.

Loans are subject to the National Credit Act No. 34 of 2005. All loan applications are considered and are subject to credit approval. Due to legal requirements, you may need to provide a copy of your ID and a recent document confirming your residential address.


If you are married in a community of property or in terms of customary or foreign law, you are required to obtain consent from your spouse to enter into any credit agreement.

Information about WesBank CashPower Personal Loans is available in Afrikaans, Zulu, or Xhosa. Simply call 0861 238 252 to request it.

WesBank CashPower Personal Loans are administered and managed by DirectAxis – a business unit of FirstRand Bank Ltd, an authorised Financial Services and Registered Credit Provider NCRCP20. Direct Axis SA (Pty) Ltd is a member of the Direct Marketing Association and we are committed to their principles, standards and code of practice. Direct Axis SA (Pty) Ltd Reg no. 1995/006077/07, an authorised Financial Services Provider, FSP7249.


Here’s what you need to know:

  • As a WesBank client, you can apply for a loan in any amount from R5 000 
    up to R150 000.
  • You can choose a repayment term from 24 months up to 6 years.
  • You simply need a minimum monthly income of R5 000 to apply.

All the benefits of a CashPower Personal Loan:

Convenience: no face-to-face interviews, no driving to branches, no queues

Speed: online and offline, our processes are streamlined, and the money could be yours in next to no time (as long as you have all the necessary documents)

Fixed repayments: your repayments are fixed for your full loan term, so they will never go up even if interest rates do

Protection: we include a Customer Protection Plan for your peace of mind

Guarantees: as a reputable company, we’ll never lend you more than you comfortably can afford to repay, and your loan will be based on your personal financial profile, and is subject to credit approval for your protection

Here’s what you need when you apply for a CashPower Personal Loan

Please note, we won’t be able to process your application without receiving the required documents.

  • A monthly income of R5 000 or more, and details of your bank account into which this is paid
  • A clear copy of your ID Book / Smart ID Card
  • Your last 3 months’ payslips (or bank statements with your salary payment clearly marked, if these are not available)
  • A recent document confirming your physical address

Apply online now or call 0861 01 1 02 from 8 am to 8 pm, 7 days a week, and you could have up to R150 000 in next to no time.