With energy prices rising, switch to a cheaper plan
Compare Prices Now

Virgin Money Reward Me Fixed Rate Home Loan

Get a competitive fixed rate from one to five years with the Virgin Money Reward Me Fixed Rate Home Loan

The Virgin Money Reward Me Fixed Rate Home Loan gives borrowers the peace of mind of stable repayments, with fixed rates available from one to five years. It also offers borrowers the opportunity to lock in a competitive fixed rate for up to 100 days from the date of their application.

No reviews yet. Write a review

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Review by

Marc Terrano is a lead publisher and growth marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help everyone get value for money.

Expert review

The Virgin Money Reward Me Fixed Rate Home Loan is available to both owner-occupiers and investors, and offers one, two, three, four and five year fixed rate terms. At the end of the fixed rate period, the loan reverts to the current variable rate, minus a discount based on the overall amount borrowed and the loan-to-value ratio (LVR) at the time of approval.

About this loan

What are the features and benefits of the Virgin Money Reward Me Fixed Rate Home Loan?

    • Additional repayments. The Virgin Money Reward Me Fixed Rate Home Loan allows borrowers to make up to $10,000 in extra repayments per year.
    • Offset account. The Virgin Money Reward Me Fixed Rate Home Loan comes with a Home Loan Companion Account that can be used as an offset account on the product's one year fixed rate, and when the product reverts to a variable rate.
    • Rate lock. The Virgin Money Reward Me Fixed Rate Home Loan offers the option to lock in a rate at the time of application for up to 100 days.
  • Split facility. The Virgin Money Reward Me Fixed Rate Home Loan enables borrowers to split their home loan into variable and fixed rate portions.

What fees and charges come with this loan?

  • Settlement fee: $150. This fee is payable at settlement of the loan.
  • Monthly fee: $10. This monthly administrative fee is charged on each loan account on every repayment.
  • Rate lock fee: 0.15% of the fixed loan amount. This fee is payable if you elect to lock the interest rate on a fixed rate loan.

How to apply

The Virgin Money Reward Me Fixed Rate Home Loan is only available through mortgage brokers. Contact your broker to apply. You'll want to have your documents in order to make the application process smoother, so make sure you have:

  • Personal details. Your name, contact details and proof of ID will all be required.
  • Loan purpose. You'll need to specify the amount you wish to borrow and how you will use the money.
  • Details of your income and assets. You will need to supply details about your employment, your earning capacity and any assets you own.
  • Details of your expenses. If you have outstanding debt, for example credit card debt or money you owe on a car loan, the lender will assess these factors when determining your repayment capability.
  • Property details. Virgin Money will also require information about the property you plan to buy.

Home Loan Offers

Important Information*

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site