Home Loans

Advantage Package

Apply online

Why choose Advantage Package?

Save when you package a home loan, credit card and transaction account

Discount on interest rates
Save 1.31% p.a. off your standard variable rate home loan with Advantage Package for loans above $100,000
All-in-one package
Combine a home loan, credit card, and transaction account to create your all-in-one package.

You also get...

$0 Home loan establishment fee

$0 Monthly home loan administration fee

$0 Annual credit card fee

$0 monthly transaction account-keeping fee

when you link your Complete Freedom account

Owner Occupier

  • 2.29% p.a 2 year Fixed Rate
    with Advantage Package.2
    Principal & Interest repayments.
  • 3.50% p.a Comparison rate*

Residential Investment

  • 2.69% p.a 2 year Fixed Rate
    with Advantage Package.2
    Principal & Interest repayments.
  • 4.02% p.a Comparison rate*

Annual Fees

  • $395 This single fee covers up to 5 home or investment loans1.

Calculators

View all rates

Got insurance?

Home and Contents Insurance helps you get back on your feet if your home or personal belongings are affected in an unforeseen event. Plus save up to 25%.^^

Get 4K cashback when you refinance

$4k

Cashback^ When you Refinance


For new Owner Occupier with Principal & Interest repayments and Investment loans. Available on our Advantage Package home loans, with a $395 annual package fee and Basic home loans (no annual fee). $200k min loan per property refinanced. Excludes refinances from within Westpac Group. Apply by 31 Jan 2021, and settle by 31 Mar 2021.  Only 1x $2k cashback per property refinance will be paid regardless of the number of loans involved. Only 1x $2k bonus cashback will be paid regardless of the numbers of customers, properties or applications involved with a maximum LVR up to 80% at time of approval.^

Looking to refinance?

 

FAQs

You may be able to get one or both of these offers.

  • $2,000 Refinance Cashback per property for applications received between 1 April – 31 January 2021, and settled by 31 March 2021. You can refinance any number of properties.
  • One-off $2,000 Bonus Cashback for Owner Occupiers and Investors applying between 18 September 2020 – 31 January 2021, and settled by 31 March 2021.

Example of how the two Cashback offers works:
 

Home loan scenario Total cashback for eligible Investors Total cashback for eligible Owner-Occupiers
I’m switching 1 property

You’ll receive $4,000 Cashback

  • $2k Refinance Cashback per property x1
  • + $2k Bonus Cashback x1 max

You’ll receive $4,000 Cashback

  • $2k Refinance Cashback per property x1
  • + $2k Bonus Cashback x1 max
I’m switching 2 properties

You’ll receive $6,000 Cashback

  • $2k Refinance Cashback per property x2
  • + $2k Bonus Cashback x1 max

You’ll receive $6,000 Cashback (your other property is an investment)

  • $2k Refinance Cashback per property x2
  • + $2k Bonus Cashback x1 max

The cashbacks will be paid into a BankSA transaction account within 60 days of settlement. This account must be linked to your home loan at the time of settlement, and kept open for 60 days afterwards.

For the $2,000 cashback offer, tax consequences may arise for investors and you should seek independent advice.

How it works

You don’t have to know each product you want before you apply online. Our home loan experts can help you find the right mix for you.
1.
 Choose a Home Loan
2.
Choose a Credit Card
3.
Choose a Bank Account
4.
Apply online

The Detail

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.
Loan Accounts
Charges for specific services and accounts.
Advantage package
Terms and Conditions.
Portfolio Loan Agreement
General Terms and Conditions.

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.

Start your journey online

Learn how much you could borrow.
Receive indicative approval in under 15 minutes.
A home loan expert will call you once you have submitted your application to talk through next steps.
Get started

Request a call back

A BankSA home loan expert will call you back.

Call us on

13 13 76

To talk with a BankSA home loan expert.

Find a lender

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Basic

A no frills loan

Fixed Rate

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Important information

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 1MB)

Loan Accounts - Charges for specific services and accounts (PDF 587KB)

Portfolio Loan Agreement - General Terms and Conditions (PDF 222KB)

BankSA Advantage Package - Terms and Conditions (PDF 338KB)

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.
 

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.Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible BankSA transaction account. An Advantage Package discount has been included in the advertised eligible rate. The discount and fee savings apply for the duration of the package. Before deciding to acquire a BankSA transaction account, read the terms and conditions (PDF 338KB), and consider if the product is right for you.

*Comparison Rate: The comparison rate is based on a loan of $150,000 over a term of 25 years.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 example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

^How does the refinance cashback offer work: Credit criteria, fees and charges apply. Terms and conditions available at BankSA.$2000 Refinance Cashback per property for new refinance applications received between 1 April 2020 to 31 January 2021 and settle by 31 March 2021. Offer available for Owner Occupier with Principal and Interest repayment and investment loans. Offer current as at 1 April 2020. Only 1 cashback per property refinance will be paid regardless of the number of loans involved. One $2,000 Bonus Refinance Cashback for a new refinance application submitted between 18 September 2020 to 31 January 2021 and settle by 31 March 2021. Offer available for Owner Occupier with Principal and Interest repayments and investment loans with maximum LVR of 80%. Offer available on the Advantage Package and Basic Home Loans. Offer current as at 18 September 2020. Only 1 bonus cashback will be paid regardless of the numbers of customers, properties or applications involved. Offer may be varied or withdrawn at any time.$200k min loan per property refinanced applies for the $2000 refinance cashback and $2000 bonus Refinance Cashback. Excludes Portfolio Loans, switches and refinances of home loans within the Westpac Group which include St.George, Westpac, Bank of Melbourne, BankSA and RAMS. Offer not available for Owner Occupier Interest Only loans residential lending originated under family or company trusts.  Advantage Package Terms and Conditions apply (PDF 338KB). A $395 annual package fee applies and is payable from an eligible BankSA transaction account. Applicants home loan repayments must be direct debited from this transaction account. Read the BankSA transaction account terms and conditions and consider if the product is right for you. Refer to banksa.com.au. The cashback will be paid into a BankSA transaction account within 60 days of settlement. The transaction account must be linked to the home loan at the time of settlement and kept open for 60 days after settlement. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.

^^Quote and buy online and save 15% off your annual premium for the first year with promotional code COVER. Plus, save a further 10% when you combine home and contents located at the same address under one policy. Home and Contents Insurance is issued by Westpac General Insurance Limited ABN 99 003 719 319 (except workers compensation cover where applicable). BankSA – a Division of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) distributes the insurance, but does not guarantee the insurance.