For a limited time, save p.a. off our standard variable rate with Advantage Package for loans of $500,000 or more*.
Discount on interest rates*
For a limited time, save p.a. off our standard variable rate with Advantage Package for loans of $500,000 or more. *
Other product benefits
|Other product benefits|
|Limited Time Special Variable Rate and Portfolio Variable Home Loan Advantage Package discounts3|
|Total borrowing amount||Limited Time Special Discount3|
|Standard Variable Rate and Portfolio Variable Home Loan Advantage Package discounts3|
|Total borrowing amount||Standard Discount3|
|$0 - $99,999||0.00% p.a.|
|$100,000 - $149,000||0.25% p.a.|
|$150,000 - $249,999||0.50% p.a.|
|Home Loans||Total borrowing amount||Standard discount10||Limited time with special discount10|
|Credit Cards||Purchase rate4||Cash advance rate5|
|Amplify Visa Card||p.a.||p.a.|
|Platinum Visa Card||p.a.||p.a.|
|Gold Low Rate Visa Card||p.a.||p.a.|
|1 Choose a Home Loan||2 Choose a Credit Card||3 Choose a Transaction Account|
|Standard Variable Rate: full features, competitive variable interest rate.
Portfolio Loan: one flexible loan for personal and investment needs.
Fixed Rate: fix your rate and know repayments for 1-5 years.
Introductory Rate home loan: get a special rate for the first year of your loan.
|Amplify Visa Card: your choice of 2 rewards programs - Amplify Rewards or Amplify Qantas.
Vertigo MasterCard®: great low rate credit card.
Platinum Visa Card: a low cost platinum credit card with a range of complimentary insurance covers and personal concierge service.
Gold Low Rate Visa Card with complimentary insurance covers.
|Complete Freedom: unlimited free transactions in branch, at BankSA and St.George ATMs, Internet and Phone Banking, cheque and EFTPOS.
Complete Freedom with Mortgage Equaliser: unlimited transactions plus save on interest with an offset against your loan balance.
|4 Apply6 and save on interest rates and fees!|
With Advantage Package you get a special discounted home loan interest rate, with extra savings on your credit card, home loan and transaction account.
|Save on fees|
|Case Study: what you could save with a standard interest rate discount|
|If you created an Advantage Package with:
|Year 1||Year 2||Year 3|
|Loan establishment fee||$600|
|0.70%p.a. interest rate discount(standard interest rate discount) 3||$2100||$2100||$2100|
|Loan monthly administration fee||$120||$120||$120|
|Full offset service fee||$60||$60||$60|
|Complete Freedom account service fee||$60||$60||$60|
|Platinum Credit Card annual fee||$89||$89||$89|
|Home Loan Protection discount7||$126||$126||$126|
|Home and Content discount7||$40||$40||$40|
|Protection Plans discount7||$110||$118||$127|
|Subtotal of savings||$3305||$2713||$2722|
|Advantage Package fee||$395||$395||$395|
|Total approximate savings per year7||$2910||$2318||$2327|
Apply online. It takes just 15 minutes!
Visit a branch
What you'll need
BankSA's normal lending criteria apply. Conditions and fees apply and may change.
Before making a decision, it's best to read the terms and conditions.
Please read these documents and keep a copy. You can request a paper copy at a branch.
Conditions and fees apply. BankSA, a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 issues the products on this website. The general information on our website is prepared without knowing your personal financial circumstances. Before you act on this general information, please consider if it's right for you. If you need help, call 13 13 76 Monday to Saturday 7.30am - 7.30pm.
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.
^ Payment of the cash bonus can only be made into a nominated BankSA bank account belonging to the BT Super for Life account holder and package owner. Only one cash bonus payment applies per package owner and can only be claimed under one package. We reserve the right to withdraw or vary eligibility criteria and benefits at any time without prior notice to you. You must call BT within six months of opening your BT Super for Life account to claim your cash bonus. All contributions to a superannuation fund are preserved. The Government has placed restrictions on when you can access your preserved benefits. In general, your benefits will not be paid until you reach age 65, or you reach your preservation age and have permanently retired from full or part-time gainful employment.
* Credit criteria fees and charges apply. Terms and conditions are available on request. This offer is available for applications received from 1 July 2013 for a limited time only on applications received 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)