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Offer details

Basic Home Loan Promotional Rates

Introducing our promotional rates for new Basic Home Loan applications received from 19 September 2018:

  Principal & Interest Interest Only 
New Owner Occupier^ loans: Basic Promotional Rate 3.84% p.a.1 N/A   
New Owner Occupier^ loans: Comparison Rate 3.85% p.a.* N/A   
  Principal & Interest Interest Only
New Investor# loans: Basic Promotional rate              4.38% p.a.2 5.08% p.a.3
New Investor# loans: Comparison Rate 4.39% p.a.* 5.09% p.a.*

Eligibility criteria:

  • This offer is available for new Basic Home Loans to BankSA only (excludes internal switches and refinances within St.George, Bank of Melbourne and BankSA).
  • Excludes Owner Occupier Interest Only home loans
  • Excludes Non-Resident Lending.

Promotional Offer for new Advantage Package loans

We are offering promotional rates for the following fixed home loans effective Tuesday 5 June 2018 for new loans only:

 

Term Annual rate   Fixed Rate with Advantage Package* with promotional offer^^
Comparison rate1
New Owner Occupier^ Principal & Interest
Promotional 2 year fixed
(new loans only)
4.04% p.a. 3.85% p.a. 5.06% p.a.
Promotional 3 year fixed
(new loans only)
4.14% p.a. 3.85% p.a. 4.97% p.a.
Term Annual rate   Fixed Rate with Advantage Package* with promotional offer^^ Comparison rate1
New Investor# Principal & Interest
Promotional 2 year fixed (new loans only) 4.34% p.a. 3.99% p.a. 5.53% p.a.
Promotional 3 year fixed (new loans only) 4.44% p.a. 4.19% p.a. 5.47% p.a.
Promotional 5 year fixed (new loans only) 5.04% p.a. 4.59% p.a. 5.45% p.a.
New Investor# Interest only
Promotional 1 year fixed (new loans only) 4.84% p.a. 4.39% p.a. 6.17% p.a.
Promotional 2 year fixed (new loans only) 4.60% p.a. 4.29% p.a. 6.01% p.a.
Promotional 5 year fixed (new loans only) 5.34% p.a. 4.89% p.a. 5.87% p.a.
New Portfolio Loans Interest only
Promotional Portfolio 1 year fixed (new loans only) 4.84% p.a. 4.39% p.a. n/a
Promotional Portfolio 2 year fixed (new loans only) 4.60% p.a. 4.29% p.a. n/a
Promotional Portfolio 5 year fixed (new loans only) 5.34% p.a. 4.89% p.a. n/a

$1500 Cashback4  for refinances to an Advantage Package** home loan

This is not a permanent offer and may be withdrawn at any time. Excludes refinances from Westpac, St.George, BankSA, Bank of Melbourne, RAMS, Portfolio Loans, or refinances that require foreign income for serviceability. 

This offer is limited to one $1500 cashback during the campaign and will be paid to the main applicant (Applicant 1) only (multiple applications submitted by the same applicant are not eligible for this offer). This offer is available for applications received by 28 February 2019 and settled by 30 April 2019.

Eligibility criteria: 

  • Loans under Advantage Package** only. Annual $395 package fee applies. Excludes Portfolio loans. 
  • Both Owner Occupier and Residential Investment Refinances are eligible.
  • The total loan amount per application must meet the minimum loan amount criteria (i.e. >=$200,000).
  • Applications received from brokers by 28 February 2019 and settled by 30 April 2019.
  • Must have a BankSA transaction account linked to the refinanced home loan at the time of settlement.
  • The applicants' home loan repayments must be direct debited from this BankSA transaction account.
  • The linked transaction account must be kept open for a minimum of 60 days after settlement. The cashback will be paid into this account during the 60 day period.
  • Not available in conjunction with any other cashback offer.
  • Not available for refinances into Owner-Occupier Interest Only loans.

Excludes:

  • Refinances from Westpac, St.George, BankSA, Bank of Melbourne and RAMS;
  • Refinances into Owner-Occupier Interest Only Loans;
  • Portfolio Loans and; 
  • Refinances that require foreign income for serviceability. 

If all the eligibility criteria are met, the cashback will be paid within 60 days of settlement into the BankSA transaction account from which the home loan repayments are made.

Important information

Credit criteria, fees and charges, terms & conditions apply.

^ Excludes Business Umbrella, Super Fund, BSA 904 loans, Executive Housing Loans, No Deposit LEF. Excludes Portfolio Loans or investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make improvements to an investment property.

^^ The offer is available for new loans submitted from 5 June 2018 and may be varied or withdrawn at any time. The total discount rate is inclusive of the current 0.15% p.a. Advantage Package discount for the fixed rate period under the Advantage Package. Excludes internal refinance and switches within Westpac, St. George, Bank of Melbourne, BankSA and RAMS. The Bank will apply the fixed rate that is available at the loan settlement date. $395 annual package fee. Min loan $100k.

# Excludes loan applications for owner occupier purposes (where the owner owns the property in which they live or intend to live in).

* The comparison rate is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

** Advantage Package Terms and Conditions apply and are available at banksa.com.au. Annual fee, currently $395, applies.  

1. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian resident borrowers. This offer is only available for new Basic Home Loan applications received from 19 September 2018. Rate includes 0.93% p.a. discount applied to our Owner Occupier Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within St.George, Bank of Melbourne and BankSA. This offer may be withdrawn at any time. Interest rates subject to change (and margins may apply).

2. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian resident borrowers. This offer is only available for new Basic Home Loan applications received from 19 September 2018. Rate includes 0.96% p.a. discount applied to our Residential Investment Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within St.George, Bank of Melbourne and BankSA. This offer may be withdrawn at any time.  Interest rates subject to change (and margins may apply).  

3. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian resident borrowers. This offer is only available for new Basic Home Loan applications received from 19 September 2018. Rate includes 0.8% p.a. discount applied to our Residential Investment Interest Only Basic Home Loan offer for the life of the loan. This offer may be withdrawn at any time. Excludes internal refinances and switches within St.George, Bank of Melbourne and BankSA. Interest rates subject to change (and margins may apply).

4. New home loan applications received by 28 February 2019 and settled by 30 April 2019, however this offer may be extended at any time. Excludes refinances from Westpac, St.George, BankSA, RAMS and Bank of Melbourne and refinances into Owner-Occupied Interest Only loans and Portfolio Loans. Only one cashback will be paid per main applicant. Multiple applications submitted by the same main applicant are not eligible. Not available in conjunction with any other special offers. Applicants must have a BankSA transaction account linked to the home loan at the time of settlement. Applicants’ home loan repayments must be direct debited from this transaction account. The account must be kept open for at least 60 days after settlement and the cashback will be paid into this account during this period. There may be tax consequences arising from this promotion for our business customers and rental property investors. This is not taxation advice and customers should seek independent advice on any taxation matters.

The information on our website is prepared without knowing your customers personal financial circumstances. Before you act on this, please consider if it’s right for your customer. If you need help, call 1300 137 532.

Conditions, fees and credit criteria apply. Before making a decision, it’s best to read the terms and conditions:

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Offer details

Commercially Secured Loans – Terms have been extended to 25 years

BankSA is happy to offer extended maximum terms for Business Loans.

With longer terms, your customers can now free up their cash flow to chase more opportunities.

Maximum loan terms for both business loans and Self-Managed Super Fund (SMSF) business loans have been extended as follows:

  • For residentially-secured business loans, our terms have increased by 5 years (from 25 to 30 years)1
  • For business loans secured by non-specialised commercial real estate or non-specialised rural land, our terms have increased by 10 years (from 15 to 25 years)1

Please note: Maximum loan terms remain unchanged where lending is against business assets (currently 10 years). Where security is in the form of specialised commercial property, relevant Sector Policy applies.

Contact your local BDM today to find out more.


Trail Book Finance – Expand your business by talking to us about leveraging your trail

We've got a great new product solution, designed to directly support you as a broker.

In an industry first, we're leading the way in lending against your trail book, so you can grow your business using your trail book as security. This allows you to fund business growth, better manage cash flow and avoid tying up personal assets like your home.

A few things that may have been on your mind, you can now do:

  • Purchase existing Finance Broker trail books
  • Refit or refurbish your offices
  • Refinance existing borrowings (for purchase of Finance Broker trail books or business)
  • Working capital up to $50,000
  • Succession planning

 

Important information

The information on our website is prepared without knowing your customers personal financial circumstances. Before you act on this, please consider if it’s right for your customer. If you need help, call 1300 137 532.

1. Unless relevant Sector or Product Policy stipulates otherwise.

Conditions, fees and credit criteria apply. Before making a decision, it’s best to read the terms and conditions: