Flexi Loan

General Lending Rates

Product Features

• Other Additional Information: Cash on demand - Get up to $50,000. Use in one go or bit by bit?it?s up to you.

• Other Additional Information: Pay for what you use - Only pay interest on the amount you use?not your full limit.

• Other Additional Information: Repay your way - There's no loan end date and no early repayment fee.

• Redraw Additional Information: Apply just once - No need to reapply each time you borrow from your limit.

• Unlimited Txns Additional Information: Transfer funds from your Flexi Loan account to a transaction account or pay bills directly using BPAY.

• Other Additional Information: The minimum monthly repayment on your Flexi Loan includes: The monthly loan account fee, 2% of the statement's closing balance (excluding the monthly loan account fee). Or the full closing balance if under $10, whichever is greater , plus any overdue amount owing. Or the amount of your closing balance which exceeds your credit limit, whichever is greater.

• Digital Banking Additional Information: Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties

• Extra Repayments Additional Information: The product has EXTRA_REPAYMENTS option available.

• Fraud Protection Additional Information: The product includes FRAUD_PROTECTION features.

• Relationship Management Additional Information: RELATIONSHIP_MANAGEMENT is available for eligible customers.

Product Eligibility

• Min Age - 18.

• Residency Status - You're An Australian Or New Zealand Citizen Or You Have Permanent Residency In Australia And Hold An Acceptable Visa.

• Other Additional Information: You?re a non-resident or migrant and hold an acceptable visa with a minimum 1 year before expiry

• Other Additional Information: You have a regular, verifiable Australian taxable income

• Other Additional Information: You have a fixed, verifiable residential address in Australia.

Bank Fees and Charges

• Loan Account Fee (Periodic), Amount: 12.00.

• Lending Establishment Fee (Upfront), Amount: 150.00.

• Prepayment Fee (Exit), Amount: 0.00.

• Missed Payment Fee (Payment), Amount: 15.00.

• Bank Cheque Fee (Event), Amount: 10.00.

• Redraw Fee (Event), Amount: 0.00.

• Overlimit Fee (Event), Amount: 15.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 4000.00 Additional Information: The minimum amount financed is $4000

• Max Limit of 50000.00 Additional Information: The maximum amount financed is $50,000

Document Downloads

  flexi-loan-conditions.pdf (335.9 KB)
  acceptables-visas-upl.pdf (490.1 KB)