Suggestions for Good Home Loan - Variable, with Offset Account Facility, Free Re-Draw and Good Credit Card Facility Package

Lparag2k4 on 04/06/2019 - 20:45
Last edited 06/06/2019 - 13:05 by 1 other user

suggestions for Good home loan - variable, with offset account facility, free re-draw and good credit card facility package.

• 

  pyramid on 04/06/2019 - 20:47

  +1

  There are few deals on home loan on this website in last couple of weeks. Did you search and check ?

• 

  Numpty21 on 04/06/2019 - 20:48

  +4

  Account created 12 mins ago

  • 

    Skramit on 05/06/2019 - 09:07

    -1

    And?

    Why do people dwell on this?

    • 

      dcep on 05/06/2019 - 10:15

      +2

      DisabledUser98964687 in 3..2…1

      • 

        Skramit on 05/06/2019 - 10:18

        Sometimes, sure.

        But a lot of long time lurkers of the site register eventually to post a forum topic. I don't see it as unusual or anything.

• 

  adam on 04/06/2019 - 20:58

  Commonwealth

  EDIT: Elaboration: It sounds like you want a high-feature top-end sort of package rather than a discount one. CBA have these sorts of account and are, IMHO, good value for money. I've researched packages (a year or so back) and found CBA the best at that time.

• 

  Steptoe on 04/06/2019 - 22:48

  Curious why you’d need redraw and credit card if you have a 100% Offset?

  • 

    [Deactivated] on 05/06/2019 - 00:30

    Maybe points. CUA platinum credit cards annual fee is free if you have a home loan. They also have redraw and offset.

• 

  BargainShopaholic on 05/06/2019 - 14:53

  Commonwealth & Suncorp. They both have multiple offsets and credit card.

  I eventually went with CBA last year.

• 

  Shah79 on 10/06/2019 - 23:00

  As a broker I would suggest taking a loan with a Offset facility instead of Redraw facility. In addition to the future potential tax implications for redraw facility(if used for Inv prop) any redraw of funds is generally subject to banks approval as well. Why not keep the money with you?
  There are good rates with many lenders even giving cashbacks. Most home loan packages with tier- and 2 lenders come with credit cards as well.

  It all depends on what are the needs and how you want to structure the loans(is it interest saving, xcollaterising to maximise discount on rates or maximising return on investment or tax savings etc etc)