St George Advantage Package home loan
Bundle your personal finance products together and receive a discount on your interest rate.
The St.George Advantage Package is a package loan which bundles together your credit card, transaction account and home loan together and in return gives you a range of savings on your home loan interest rate and fees and discounts on your St.George credit card and transaction account fees and insurance premiums.
Richard Whitten is an editor at Finder, and has been covering home loans and the property market in Australia for the last 4 years. He has written for Yahoo Finance, Money Magazine and Homely, as well as multiple banks and lenders. Richard has a Certificate IV in Finance and Mortgage Broking, a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communication. He enjoys helping people understand the ins and outs of mortgages so they can make smarter property decisions. Richard trained as a high school teacher but found it easier to manage personal finances than a classroom full of kids. Before joining Finder, he edited textbooks and taught English in South Korea.
It should be noted that this is a package home loan. This means it gives borrowers a discount on different products and services in return for charging an annual fee.
The Advantage Package is a flexible loan which gives borrowers the ability to borrow to buy a home, an investment property or to refinance. When paired with the standard variable rate loan it's able to be used for purchasing vacant land to build on it and it's a full documentation loan.
About this loan
How does the St.George Advantage Package work?
This loan works by bundling together a St.George home loan, credit card and transaction account together. The package comes with fee waivers for the products in the package.
What are the features and benefits of the St.George Advantage Package Home Loan?
The Advantage Package has a range of benefits which grant savings to borrowers. The features of the St.George Advantage Package are:
- Loan term. The Advantage Package with Standard Variable Rate Home Loan has a loan term of up to 30 years if you choose to make principal and interest repayments, or up to 15 years if you make interest-only repayments.
- Discounts. Bundling your products together nets you some discounts. You'll pay no annual fees for your credit card, no monthly fees for your transaction account or offset account and get free redraws over the phone or internet.
- Flexible repayments. You can make your repayments every week, fortnight or month if you're making principal and interest repayments, or every month if you're making interest-only payments. You can also make additional repayments at no extra cost and get access to these payments with a free redraw facility if you need the extra cash.
- offset account. The offset account offered with this loan means you can deposit your salary and savings into your account and then pay less interest on your home loan.
How to apply
If you feel like the St.George Advantage Package is a loan you'd like to learn more about, or even apply for, you can do so by clicking on the 'Go to site' buttons on this page.