Receive $3,000 cash§

Receive $3,000 cash§

You could receive $3k cash with a new refinanced home loan of $500k+
For new refinance applications when borrowing 90% or less of the property’s value.

Must apply by 30 June 2023 and settle by 28 September 2023. Unless withdrawn prior.

Talk to a Home Loan Expert

One of our experienced home lending team are happy to answer all your lending questions. They’ll call you within two hours (or the next business day) to discuss your home lending needs.

Terms And Conditions

Find out more about our Home Loans and offers

Our lowest home loan variable rate

Variable Rate

*

What is a comparison rate?

A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product. For more information about the comparison rate and the comparison rate warning, please refer to the things you should know section of this page.

#

Discounted Back to Basics Variable Rate with Better Together Special Offer. Owner Occupied. New to bank lending ≥ $150,000. Maximum LVR 60%. Principal and Interest repayments.

§ Cash Back Boost Payment

To approved applicants only. In addition to the conditions listed above, the Cash Back Boost Payment is only available when you are approved for and settle an eligible Suncorp Bank Home Loan by 28 September 2023 which must meet the following criteria: (1) the Loan forms part of new to Suncorp Bank refinanced lending of at least $500,000 (2) the Loan to Value Ratio, including Lenders Mortgage Insurance where applicable, is less than or equal to 90%; and (3) a Suncorp Bank transaction account is held in the name of the Borrower or all Borrowers, if there is more than one individual Borrower. Pre-approvals, purchases, increases to existing loans or refinances of an existing Suncorp Bank home loan are not eligible. The Cash Back Boost Payment cannot be used in conjunction with any other cash offer. If you are eligible, a cash back payment of $3,000 will be made to the Borrower. A limit of 1 payment of $3,000 will be made to a Borrower, whether individually or jointly, in respect of all loans held with Suncorp Bank. If there is more than 1 Borrower only 1 payment will be made to those Borrowers jointly. If this Loan is eligible, payment will be credited to a Suncorp Bank transaction account in the name of the Borrower or all Borrowers, (if there is more than one individual Borrower) within 60 days of the settlement date of the Loan. Fees, and charges may be applicable. Full terms and conditions will be included in our loan offer. Depending on your financial circumstances, you should obtain independent advice before making any decisions regarding any cash offers made by Suncorp Bank.

*Discounted rate is only available for new Personal/Owner Occupied loans taken out as part of the Better Together Special Offer >= $150,000 and borrowings <= 60% of the security property value (LVR) inclusive of lenders mortgage insurance (if applicable), with Principal and Interest repayments and who hold a Suncorp Bank transaction account. The discounted rate (currently 6.13% p.a.) is calculated by subtracting a discount of 2.52% from the Standard Back to Basics Variable Rate (currently 8.65% p.a.). Rates and discounts are subject to change and may be varied if the loan purpose or repayment type is changed or where the borrower fails to hold a Suncorp Bank transaction account. Pre-approvals excluded. The discounted rate is available on eligible loans applied for from 24 April 2024.

# COMPARISON RATE:
A comparison rate is a rate that indicates the true cost of a loan. This comparison rate is based on $150,000 over a term of 25 years and incorporates certain fees and charges that are applicable for the chosen product.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates for Interest Only Fixed Rate home loans are based on an initial Interest Only period equal in length to the fixed rate period. Comparison rates for Interest Only Variable home loans are based on an initial 5 year Interest Only period.

Banking and home loans products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882 (“Suncorp Bank”) to approved applicants only. Please read the relevant Product Information Document, Lending Fees and Charges and Home Package Plus Terms and Conditions before making a decision regarding any Suncorp Bank products. Fees, charges, terms and conditions apply and are available on request or on our Product Information Documents and Forms page.

What is a comparison rate?

A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product. For more information about the comparison rate and the comparison rate warning, please refer to the things you should know section of this page.