Mon, 2008-02-18 14:53 — Guest
Bankwest launch "Rate Tracker Home Loan"
Monday 18th February 2008
Launched today as part of BankWest's new campaign, Happy Banking, is the new home loan product called "Rate Tracker Home loan"
What is the new Rate Tracker Home Loan? The rate will be tracked from average rates of the 4 major Australian banks, less a discount of at least 0.75 percent.This rate is guaranteed for 2 years from date of disbursal whereby it will automatically revert to the Lite Home Loan rate (not product).
Product Features at a glance. Owner occupiers, investors, construction & vacant land - 5 years interest only available - Minimum loan amount is $100,000 - No max loan size - Loan Maintenance Fee - $0 Redraw on line for free, no minimum amount (over the counter $50 min $1000) Application fee applies
Fee Free Rate Tracker home loan with Regular Savers transaction account. Combine the Rate Tracker with the BankWest Regular Saver account - High interest rate of 5 percent p.a. on all balances up to $5000
Deposit a minimum of $2,000 per calendar month - No account fees - BankWest MasterCard Debit Card access - Interest paid monthly Cheque book access - Online Banking - Phone Banking.