Advantage Package

¹ The Advantage Package will support multiple Portfolio sub-accounts in a Package and up to 5 sequence loans (e.g. loans with Flexible Choice). Note when Lenders Mortgage Insurance (LMI) applies, only single sequence loan or Portfolio Loans can be Packaged.
² All applications for credit are subject to the Bank’s prevailing credit criteria. Fees and charges are payable and terms and conditions apply. Full details of all relevant terms and conditions are available on request.
⁴ Credit card purchase rate is subject to change and excludes cash advances.
⁵ Credit card cash advance rate is subject to change. Interest on cash advances is calculated from the date the transaction is made.
⁶ All applications for credit are subject to the Bank’s credit criteria. Fees and charges are payable and Terms and Conditions apply. Call us on 13 13 76 for a copy of the Terms and Conditions for any product.
⁷ The case study is an example only and loan repayments are on principal and interest rates. The figure quoted is an approximation. If you are on Principal and Interest payments, as your Principal reduces, so do your savings. The Home Loan Protection discount is based on an approximate premium for Life and Repayment cover. The Home and Content discount is based on an approximate premium for Home and Contents Insurance cover. The Protection Plan discount is based on an approximate premium for a Protection Plan. Discounts will vary depending on cover.
⁸ Home and Contents Insurance is issued by Westpac General Insurance Limited and distributed by BankSA, a division of Westpac Banking Corporation. Consider the Home and Contents Insurance Product Disclosure Statement and whether the insurance is appropriate for you. Discount cannot be combined with any other discount offers.
⁹ Westpac Life Insurance Services Limited ABN 31 003 149 157 (Westpac Life) is the insurer of Protection Plans. All Protection Plans are issued by Westpac Life, except for Term Life as Superannuation, which is issued by Westpac Securities Administration Limited ABN 77 000 049 472 (WSAL). The trustee of Term Life as Superannuation is WSAL which is part of the Superannuation Division of Westpac MasterTrust ABN 81 236 903 448. These policies are distributed by BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141 (BankSA). Westpac Life is a subsidiary of Westpac Banking Corporation (Bank). BankSA Financial Planners are representatives of the Bank. These policies are not an investment in or deposit with the Bank. Neither BankSA, the Bank nor any member of the Westpac Group (other than Westpac Life as insurer) guarantees these policies.
¹⁰ The interest rate discounts are only available in Advantage Package for Fixed Rate Loans $150,000 or greater. Advantage Package annual fee, currently $395, is payable from an eligible BankSA transactional account.
¹¹The one year annual administration fee waiver is effective from the date you open the account, BT Financial Group is notified, and is valid for 12 months from this date. The administration fee is $5 per month and gives you a first year saving of $60. If there are joint borrowers under the Advantage Package, all borrowers are eligible for the offer. If there are joint borrowers, they must agree to allow notification to be sent to all borrowers when this offer is accepted or cancelled. This offer is not available in conjunction with any other offers. Only one year annual administration fee waiver applies per customer and can only be claimed under one Package. BT reserves the right to withdraw or vary eligibility criteria and benefits at any time.

^* Credit criteria fees and charges apply. Terms and conditions are available on request. This offer is available on applications received from 25 October 2012 to 30 June 2013 under the Advantage Package. Offer is not available for loan refinances of existing St George home loans, BankSA, and Bank of Melbourne home loans. Advantage Package Conditions of Use apply and are available upon request. Advantage Package annual fee, currently $395, is payable from an eligible BankSA transactional account.

Special interest rate discounts: In addition to the conditions set out above, the following interest rate discounts are only available in Advantage Package for Standard Variable Rate Loans and Portfolio Variable Rate Loans and for the following loan amounts: Loans between $150,000 and $249,999, p.a. discount, for loans between $250,000 and $499,999, p.a. discount. For loans greater than $500,000, p.a. discount will be applied. Special rate discounts include the standard Advantage Package discount of p.a. discount and do not apply to internal refinances and are not transferrable between loans. If you apply outside of the offer period, standard Advantage Package discounts will apply which are available at http://www.banksa.com.au/personal/home-loans/our-home-loans/popular/standard-variable-rate.

There may be tax consequences arising from this promotion for our business customers and rental property investors. This is not taxation advice. Customers should seek independent taxation advice on any taxation matters.

BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. (03/12)