At a glance

DISCOUNT
Interest rates on eligible variable loans
$ 395
Annual fee with no additional application or monthly fees
EXTRA
Benefits available on your eligible banking products

Why choose our Home Loan Privileges Package?

Discounted interest rates

Enjoy discounted interest rates on our Standard Variable Rate Home Loan and Line of Credit facility

Package options

Package all your banking products to receive the additional benefits you can receive on personal loans,  credit cards and term deposits

Fees waived

We'll waive the monthly fee and application fee on all of your eligible package loans

If you have more than one home loan and other BOQ products, why not look at our home loan package so you can save?

With fee savings and discounts on your home loan, everyday banking, credit cards and more, you'll love being one of our most valued customers!

Our Home Loan Privileges Package is available to individual and joint borrowers, and trusts and companies who have a housing loan (not available for business purposes).

Loan features

Fees Standard Variable Home Loan Fixed Rate Home Loan Line of Credit Facility
Application fee Nil
Home loan fee Nil
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

$25,000

Maximum loan amount

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

Maximum LVR

Borrow up to 98% of the property value, inclusive of Lender's Mortgage Insurance* (Principal and Interest Lending) or 90% of the property value, excluding Lender's Mortgage Insurance* (Interest Only Lending) for Owner Occupiers

Borrow up to 90% of the property value, inclusive of Lender's Mortgage Insurance* (Principal and Interest or Interest Only Lending) for Investors

Borrow up to 80% of the property value for Owner Occupiers and Investors

Repayment type
  • Principal and Interest
  • Interest only (maximum 5 years; subject to approval)

Flexible - pay any amount, as long as the balance stays within the credit limit.

Repayment options
  • Weekly
  • Fortnightly
  • Monthly
Additional repayments

Yes

Yes - up to $5,000 per annum (break costs apply above this amount)

Yes 

Redraw

Yes – minimum $100 redraw. Available through Internet Banking subject to approval.

No

Not applicable

Mortgage offset facility

Yes - personal customers only

Yes - personal customers on a 1 year fixed rate term only

No

Internet banking

Yes

EasyPhone Banking

Yes

Package benefits

Products Package benefits
Home Loans

Minimum package borrowing and package discount

  • $150,000 - $250,000     0.50% p.a. 
  • $250,000 - $1,000,000  0.85% p.a.
  • $1,000,000 plus            0.90% p.a. 

No package discounts apply to fixed rate loans. 

Day2Day Plus AccountTM No benefits apply however this is an approved transaction account that is required to qualify for the package.
Credit cards

Choose between Platinum Visa Credit Card or Blue Visa Credit Card.

Annual credit card 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 
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.

Standard Variable Home Loan Fixed Rate Home Loan Line of Credit Facility
Application fee      
Home loan fee      
Annual Package fee      
Maintenance fee      
Loan term      
Minimum loan amount      
Maximum loan amount      
Maximum LVR      
Repayment type      
Repayment options      
Additional repayments      
Redraw      
Low Doc Option      
Mortgage offset facility      
Internet banking      
EasyPhone Banking      
       
       
       

 

Standard Variable Home Loan Fixed Rate Home Loan Line of Credit Facility
Application fee      
Home loan fee      
Annual Package fee      
Maintenance fee      
Loan term      
Minimum loan amount      
Maximum loan amount      
Maximum LVR      
Repayment type      
Repayment options      
Additional repayments      
Redraw      
Low Doc Option      
Mortgage offset facility      
Internet banking      
EasyPhone Banking      
       
       
       

 

Fees

At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Fee type Amount
Annual package fee $395
Valuation fee Amount may vary 

A full list of fees can be found in our Fees and Charges guide below.

 

Important information

For important information on our Home Loan Privileges Package, view our Terms and Conditions.

Ready to apply?

There are a few things you’ll need to begin, such as your proof of identity, employment details and financial details such as income, assets, expenses and liabilities

Step 1.

Check your eligibility. You must:

  • Have borrowings over $150,000 or more with BOQ
  • Maintain an approved transaction account with BOQ (not required if you have a Line of Credit Facility)
  • Pay the annual package fee
  • Be 18 years of age or over
  • Have never been bankrupt
  • Be an Australian citizen or permanent resident
  • Earn a regular income

You might also be interested in:

Our most popular low rate loan, packed with features

Clear Path Variable Home Loan

If you're looking for a fully featured, cheap home loan with a low rate, our Clear Path Variable Rate Home Loan is for you!

  • Owner occupier and investor options available
  • Mortgage offset
  • Flexible repayments

Protect your most valuable asset

Home and Contents Insurance

You’ve put a lot in to your home and spent a lot on your belongings. Make sure they’re protected should the unthinkable happen.

  • Combined or separate home and contents insurance
  • Automatic cover for fire and flood
  • Cover for accidental damage