Home Loan Privileges Package

The Home Loan Privileges Package is a complete package that recognises your value and rewards you with ongoing benefits.


It is available to individual and joint borrowers, as well as trusts and companies, which have a housing loan (it is not available for business purposes).


Enquire online now 


Features and benefits

Standard Variable Home Loan 

Fixed Rate Home Loan 

Line of Credit Facility 

Application fee 




Home loan fee 




Annual package fee 

$395 each year

Maintenance fee 

Not applicable

First 40 transaction per month free# then $0.60 per transaction

Loan term 

Maximum 30 years

No fixed term – at call ongoing line of credit facility with a fixed credit limit

Minimum loan amount 

No Minimum


Maximum loan amount 

Maximum loan amount is dependent on your available security and ability to repay.

Repayment type 

  • Principal and Interest
  • Interest Only (maximum 5 years; subject to approval)

Flexible so you can pay any amount, as long as the balance stays within the credit limit.

Repayment options 

  • Weekly
  • Fortnightly
  • Monthly

Additional repayments 

Yes – make unlimited additional repayments any time and pay off your loan sooner

Yes - Additional payments of up to $5,000 per annum allowed (breakcosts apply above this amount)

Yes – make unlimited additional repayments any time and pay off your loan sooner


Yes – redraw allows you to easily access your advance repayments, minimum $100. Available through Internet Banking subject to approval.


Not applicable. This is a line of credit facility which means you can draw on your available credit as often as you like without approval

Low Doc Option 




Mortgage offset facility 

Yes - personal customers only

Yes - only available for personal customers on a 1 Year fixed rate term 


Internet Banking 


EasyPhone Banking 


#Excludes fees for transactions through non-Bank of Queensland ATMs and giroPost. 




Day2Day Plus AccountTM 

No discounts apply, however this is classified as an approved transaction account for the purpose of qualifying for this package.

Reverse Charges Account® 

No monthly account maintenance fees, regardless of your account balance.

Credit cards 

Choose between Platinum Visa Card or Blue Visa Card.

Your credit card annual fee is waived

Personal Loans 

Application fee and monthly maintenance fee waived.


Interest Rate Discounts (based on package minimum borrowings) apply against the following variable Personal Loans and variable Personal Overdrafts: 

  • Secured Personal Loan
  • Goods Secured Personal Loan Variable
  • Unsecured Personal Loan
  • Unsecured Personal Overdraft
  • Secured Personal Overdraft 

The interest rate discounts as follows:

Minimum Package Borrowing

Interest Rate Discount

$150,000 - $250,000 

0.50% p.a.

$250,000 - $1,000,000

0.85% p.a.

$1,000,000 +

0.90% p.a

No Interest Rate discount applicable on Fixed Rate Personal Loans

Premier Investment Accounts 

Investments from $25,000 to $250,000 will receive bonus interest of 0.25% p.a. above the standard rate on carded rates.  The bonus interest is not available in conjunction with any other bonus offer or on special rates.

To qualify

  • You must have total combined borrowings of $150,000 or more with BOQ. 
  • You must maintain an approved transaction account with BOQ (not required if you have a Line of Credit Facility).

Interest rates - new loans only

View all Home Loan Privileges Package interest rates on the Today's Rates.

Fees and charges

Annual package fee: $395

How to apply

You can enquire online via BOQApply for a Home Loan Privileges Package.


Enquire online now 


Alternatively, drop into a BOQ branch and speak to someone face to face or call one of our friendly customer service consultants on 1300 55 72 72.


Important information

Please view the terms and conditions listed below on the Terms and Conditions page: