Queenslander Advantage Home Loan Package
This information is provided for existing package holders only. This product is not available for new borrowers.
The Queenslander Advantage Home Loan Package 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).
Features and benefits
Standard Variable Home Loan
Line of Credit Facility
Home Loan Fee
Annual Package Fee
$395 each year
First 40 transaction per month free# then $0.60 per transaction
Maximum 30 years
No fixed term – at call ongoing line of credit facility with a fixed credit limit
Minimum loan amount
Maximum loan term
Maximum loan amount is dependent on your available security and ability to repay.
- 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.
Yes – make unlimited additional repayments any time and pay off your loan sooner.
Redraw (application form PDF 398kb)
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
100% Mortgage Offset
Yes - personal customers only
*Excludes fees for transactions through non-Bank of Queensland ATMs and giroPost. For further explanation, please refer to our Personal Banking Guide to Fees and Charges Guide on our Terms and Conditions page.
No monthly account maintenance fees, regardless of your account balance.
Your credit card annual fee is waived*
0.25% p.a. interest rate savings on variable interest rate Personal Loans over $5,000.
Application fee and monthly maintenance fee waived.
Term Investment Accounts
Investments from $25,000 to $250,000 will receive bonus interest of 0.25% p.a. above the standard rate.
* applies to Interest Free Days Card only.
|Reference rate||Standard variable housing rate and standard variable investment housing rate|
|Product discounts||Discounts apply as detailed below|
|Current rate||The current rates are available on the Today's rates page|
$125,000 to less than $150,000
$150,000 to less than $250,000
$250,000 and over
Discount (% p.a.) from the Standard Variable Housing Loan Rate
Discount (% p.a.) from the Standard Variable Investment Housing Rate
*Applies to Home Loans only.
Bank of Queensland standard credit assessment criteria applies and all applications must meet approval guidelines on all products to qualify for the package. Benefits cannot be taken in conjunction with or in addition to any other packages, negotiated interest rates or special offers. Valuation fees are payable. Government fees and charges apply. Fees and charges are payable. Full terms and conditions are available at any Bank of Queensland branch. Interest rates quoted are indicative only, and are subject to change without notice.
Please view the terms and conditions listed below on the Terms and Conditions page:
- Personal Banking Guide to Fees and Charges
- Personal Lending Supplementary Terms and Conditions