Advantage Package

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

Residential Loan Agreement - General Terms and Conditions (PDF 401KB)

Loan Accounts - Charges for specific services and accounts (PDF 1MB)

Portfolio Loan Agreement - General Terms and Conditions (PDF 6MB)

BankSA Advantage Package - Terms and Conditions (PDF 498KB)

Please read these documents and keep a copy. You can request a paper copy at a branch. The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 13 13 76.
 

* Based on BankSA’s credit criteria, residential lending is not available for Non-Australian Resident borrowers.New home loan applications received from 23 January 2017 to 7 October 2017 and settled 15 December 2017 for refinance purposes where foreign income is not required for serviceability. Offer current as at 23 January 2017 and may be withdrawn at any time. Excludes refinances from Westpac, St.George Bank, Bank of Melbourne, BankSA and RAMS and refinances into Owner-Occupied Interest Only loans and Portfolio Loans. Only one cash back 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.
 

1. The Advantage Package will support up to 10 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. This is a promotional offer available on applications received under the Advantage Package. Offer current as of 19 September 2016. Offer is not available for loan refinances of existing St.George Bank, Bank of Melbourne, and BankSA 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 transaction account.
   
   
3. Rate includes 0.8% p.a Advantage Package Limited Time Special Discount, applicable for loans with total borrowing amounts of $250,000 to $499,999. These special interest rate discounts are only available for Standard Variable Rate and Portfolio Variable Rate Advantage Package Home Loans. These are current offers and may be withdrawn at any time. These special interest rate discounts are instead of, and cannot be taken in addition to the standard Advantage Package discounts. If you apply after the end of this offer the standard Advantage Package discounts which will apply are available at https://www.banksa.com.au/personal/home-loans/home-loan-interest-rates
   
   
4. The comparison rate is based on a loan of $150,000 over a 25 year term.  After the fixed rate period expires the interest rate will revert to the applicable Standard Variable rate based on loan category and repayment type. 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.