| 1-year intro fixed home loan |
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| Fixed rate car loan | ||
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60 month $5k+ |
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Home Owner Banking Package
The Home Owner Banking Package is our ultimate banking solution. This Banking Package allows you to streamline your banking and is beneficial for home owners looking to save on interest rates, transaction fees and other products. A summary of this product's features is offered below:
| Interest rate discounts on Standard Variable Rate Home Loan | 0.40% for loan amounts between $150,000 and $250,000 (inclusive). 0.60% for loan amounts between $250,000 and $750,000 (inclusive). 0.70% for loan amounts more than $750,000. |
| Interest rate discounts on 3-year and 5-year fixed | 0.10% off. |
| Interest rate discount on a Bridging Loan | 0.20% off our Standard Variable Rate. |
| Competitive interest rates | View our interest rates. |
| Discounts on everyday banking | No monthly Membership Service Fee. Unlimited free withdrawals and rediATM withdrawals. |
| Other discounts | No Mortgage Application Fee. No monthly Loan Service Fee. No top up or loan switching fees. |
| Personal loan discounts | No application fee. 0.50% off the personal loan standard variable rate (for loans of $10,000 or more). |
| Tailored borrowing amounts | We lend up to 80% of the property value or up to 97% of the property value with Mortgage Insurance. |
| Loan Repayment Insurance | This insurance helps you cover your loan repayments should anything occur. |
In addition:
- You will earn a 0.10% bonus on published interest rates for term deposits.
- By having a home loan with SERVICE ONE, you can enjoy a Visa card at the Standard Variable Home Loan rate.*
- You will enjoy free loan redraw.
- You can access a loan repayment holiday should you need it (up to 4 months).
- You will receive a 10% discount on SERVICE ONE's insurance solutions.
- You will receive a 10% discount on all Travelex foreign exchange services.
- You will receive a free Entertainment Book.
- Conditional approval can be granted quickly upon receipt of your application.
What you could save
The Home Owner Banking Package is designed to save you money. For example, if you borrow $200,000 on the standard variable rate to purchase a home or refinance your existing home loan and a $10,000 personal loan to finance a family holiday, you would be entitled to the following savings...
| Savings year 1 | Savings year 2 | |
| Lending/investment products Home Loan Service Fee Home Loan Application Fee Home loan interest rate (0.40% discount) Personal Loan Application Fee Personal loan interest rate (0.50% discount) |
$96 $500 $800 $150 $50 |
$96 $0 $800 $0 $50 |
| Insurance premium discount# Home and contents Travel Motor vehicle |
$49 $15 $37 |
$49 $15 $37 |
| Less banking package fee | $350 | $350 |
| Annual savings | $1,347 | $697 |
| Total savings over 2 years | $2,044^ | |
* An additional benefit of having a home loan with SERVICE ONE is it allows you to enjoy a Visa card (conditions apply) at the Standard Variable Home Loan interest rate.
# Insurance premium discounts are calculated on a 10% reduction of an average policy and may vary with the nature and value of the policy taken.
^ Total savings figures are indicative only and may vary depending upon the amounts borrowed, how products and services are used and the nature of insurance products selected.
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