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Offer details

Basic Home Loan Promotional Rates

The following  promotional rates are now available for new Basic Home Loan applications received from 31 October, 2016, for a limited time:

  Principal & Interest Interest Only
New Owner Occupier^ loans: Basic Promotional Rate 4.08% p.a.1 4.12% p.a.1
New Owner Occupier^ loans: Comparison Rate 4.09% p.a.* 4.13% p.a.*
  Principal & Interest Interest Only
New Investor# loans: Basic Promotional rate              4.29%2 4.33%2
New Investor# loans: Comparison Rate 4.30%* 4.34%*

Eligibility criteria:

  • This offer is available for new loans to BankSA only (Excludes internal switches and refinances within BankSA).
  • Excludes Non-Resident Lending.

 

$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This is not a permanent offer and may be withdrawn at any time.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).  The offer is available for applications received on or before Saturday 31 December 2016 and must settle by Tuesday 28 February 2017. 

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 on or before Saturday 31 December 2016 and must settle by Tuesday 28 February 2017. 
  • 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;
  • 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.

2, 3 and 5 Year Fixed Rates on Advantage Package** loans

Introducing our 2, 3 and 5 Year Fixed Rates for Owner Occupier and Investor Home Loans under the Advantage Package. The offer is available for applications received from 28 November 2016. 

Eligibility criteria:

  • Loans must be under the Advantage Package**. Annual $395 package fee applies.
  • Minimum loan size $100,000.
  • Excludes Non-Resident Lending and Portfolio Loans.

 

Owner Occupier^ Fixed Rate Comparison Rate
2 Year Fixed Rate 3.99% p.a.3 5.07% p.a.*
3 Year Fixed Rate 4.09% p.a.3 5.02% p.a.*
5 Year Fixed Rate 4.39% p.a.3 5.04% p.a.*

 

Investor# Fixed Rate Comparison Rate
2 Year Fixed Rate 4.19% p.a.3 5.30% p.a.*
3 Year Fixed Rate 4.29% p.a.3 5.25% p.a.*
5 Year Fixed Rate 4.59% p.a.3 5.26% p.a.*

 

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.

# 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. Rate includes 0.63% p.a. discount applied to our Basic Home Loan Variable Rate offer on new Owner Occupier loans for the life of the loan. This offer may be withdrawn at any time. This offer is only available for new Basic Home Loan applications received from 31 October, 2016. Offer current as at 31 October, 2016. Interest rates subject to change (and margins may apply). Refer to banksa.com.au/personal/home-loans or call us for more information on current offers available. Excludes internal refinances and switches within BankSA. Offer not available in conjunction with, or in addition to any other special offers, negotiated rates, or discounts. Terms and conditions available on request. 

2. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Rate includes 0.67% p.a. discount applied to our Basic Home Loan Variable Rate offer on Investor loans for the life of the loan. This offer may be withdrawn at any time. This offer is only available for new Basic Home Loan applications received from 31 October, 2016. Offer current as at 31 October, 2016. Interest rates subject to change (and margins may apply). Refer to banksa.com.au/personal/home-loans or call us for more information on current offers available. Excludes internal refinances and switches within BankSA. Offer not available in conjunction with, or in addition to any other special offers, negotiated rates, or discounts. Terms and conditions available on request. 

3. Applicable to 2, 3 and 5 year fixed rate offers. Based on the Bank’s credit criteria, residential lending is not available for Non-Australian Resident borrowers. The Bank will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences, unless the customer locks a fixed rate in on the loan using our Rate Lock feature. The Rate Lock fee is 0.15%p.a. of the loan amount or $500, whichever is higher, capped at $1000 for loans up to $2mil. For loans above $2mil, the Rate Lock fee is 0.15%p.a. of the loan amount. After fixed period, rate reverts to applicable Standard Variable Rate based on your loan category and repayment type. Excludes Portfolio Loans.

4. New home loan applications received on or before Saturday 31 December 2016 and must settle by Tuesday 28 February 2017, however this is 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:

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

9. Unless relevant Sector or Product Policy stipulates otherwise

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

Find out more

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: