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 

Application Fee 


Home Loan Fee 


Annual Package Fee 

$395 each year

Maintenance Fee 

Not applicable

First 40 transaction per month freethen $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 term 

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.

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


Internet Banking 



*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.




Ultimate Account 

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

Credit cards 

Your credit card annual fee is waived*

Personal loans 

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.


Interest rates

Interest rate
Reference rateStandard variable housing rate and standard variable investment housing rate
Product discountsDiscounts apply as detailed below
Current rateThe current rates are available on the Today's rates page



Total Borrowings 


$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.

Other information 

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.

Important information

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