Get on top of your mortgage with up to 1.20% pa off the standard variable rate.
Whether you’re renovating, purchasing your first home or making an investment, an interest rate discount can make a lot more possible. And, thanks to the partnership between AMP Bank and Member Advantage you could now be entitled to an interest rate discount of up to 1.20% pa1 off the standard variable rate2.
They’ll also eliminate their Annual Package Fee and the Establishment Fee3 just as long as your loan is worth 90% or less of the property.
1 To qualify for the 1.20% pa discount you must be a current association member applying for a new AMP Bank Affinity Package home loan from $500,000. Discount of up to 1.00% pa is available on new Affinity Package home loans only from $250,000 to $499,999. Discount of up to 0.85% pa is available on new Affinity Package home loans only from $100,000 to $249,999. The benefits, including the discount, are not available when switching from an existing AMP Bank loan.
2 The Standard Variable Rate is the Classic Variable Rate Loan and Line of Credit.
3 Settlement Fee of $350 applies.
Fees and charges are payable. Terms and Conditions available on request. Approval is subject to
AMP Bank guidelines. The credit provider and product issuer is AMP Bank Limited ABN 15 081 596 009, Australian credit licence 234517, AFSL No. 234517.