For over 35 years Firstmac Limited has been providing Australians with alternative solutions to home and investment loans. Working out of offices in Sydney, Melbourne, Brisbane, the Gold Coast, and Singapore, Firstmac has backed over 84,000 home loans since the year 2000. They are a recognised financial institution and any deposits made with them are covered by the Australian Government Guarantee.
Who is Firstmac?
Firstmac specialises in home loans for both owner occupants and investors, but they also have investment products focused on rapid growth. These investment accounts include a high interest earning High Livez fund.
What’s Internet banking like for Firstmac?
You are able to apply for products online with Firstmac and keep track of your accounts through their website. Electronic transfers will also need to be enacted in order for you to make your deposits and receive your interest payments.
What about the mobile app?
Image Source: App StoreQuick Balance | Search Transactions |
---|---|
![]() | ![]() |
What products does Firstmac offer?
Firstmac only provides Livez Fund at this current point in time.
What are the pros and cons of banking with Firstmac?
Pros
- Competitive rates. The interest rates offered by Firstmac are competitive with what you find at other Australian financial institutions.
- Payment options. Monthly interest payments can help in ensuring you meet your monthly obligations.
Cons
- Lack of variety. Firstmac is a home loan lender first, with a limited number of investment products for customers to choose from.
More guides on Finder
-
Wholesale energy prices surge – more power pain for households?
It's too soon to tell but things aren't looking good.
-
Get $1,000+ with a card sign-up offer | Dollar Saver tip #91
Get $1,000+ when you sign up for a frequent flyer credit card.
-
Ethereum ETFs hit US$1 billion volume in first day
Ethereum ETFs look set to hit US$1 billion volume on first day.
-
5 ways you can get a better (and cheaper) home internet set up this year
SPONSORED: Don't chuck your modem out the window! We'll show you some simple tips to help enhance your internet speed.
-
5 reasons to upgrade to high-speed nbn this July
SPONSORED: Take off into cyberspace at rocket speed with a faster connection!
-
Dollar Saver tips index
Find all the weekly tips from our Dollar Saver newsletter and see how you could save.
-
Alex.Bank term deposit with Qantas Points: Is it worth it?
You can score up to 25,000 Qantas Points, but is the interest rate good enough?
-
Compare NBN plans faster than Netflix takes to load
Ditch the buffering blues or overpriced internet. Compare NBN plans packed with speed and sweet, sweet deals.
-
Optus drops free mobile plan trial: What’s the catch?
Some people with older handsets may miss out.
-
St.George Rainbow Vertigo Card
Offers a 0% introductory rate on balance transfers for 28 months (with a 1% BT fee) and a competitive purchase rate.
Ask a question
When I didn’t finalise my Term Deposit Application online, I received an email stating I could give my Licence number for a quick ID check.
Is that correct and safe to do so?
Thank you,
Janette
Hi Janette,
Thanks for your question.
If you want to confirm that the email is legitimate, you may want to directly call Firstmac on 13 12 20. Alternatively, you may also click the ‘go to site’ button on our page and get in touch with their customer support.
Cheers,
Anndy