ANZ Breakfree home loan package

ANZ Breakfree Package gives you more

ANZ Breakfree Package takes the hassle out of getting a better deal by putting your home loan, everyday and credit card accounts into one simple bundle.

Special offer

This special offer is for a limited time only. The Standard Variable Rate discounts available under this special offer will apply to applications submitted from 1st March 2012 and while the offer is available. ANZ reserves its rights to withdraw the offer at any time.

For a limited time the following discounts are available on Standard Variable Rates and Equity Manager:^{^}

^{^}Read ANZ Breakfree Package Special Offer Terms and Conditions (PDF 271kB)

Call us now 1800 461 447

ANZ Breakfree Package features

• Discounts on ANZ standard variable rates^{^} and ANZ fixed rates
• Have up to five home or residential investment loans without Loan Approval Fees or Loan Administration Charges¹
• $0 monthly account service fee on one ANZ One offset account²
• $0 annual credit card account fee³
  
  

Important Information

Breakfree Package eligibility criteria and fee apply. You should consider whether the ANZ Breakfree Package is appropriate for you. ANZ recommends that you read the Breakfree Terms and Conditions before acquiring the package.

Read the ANZ Breakfree Terms and Conditions (PDF 168kB)

 

Overview

Important notices

You can begin with the following three specific ANZ products with the flexibility to add more at any time, so you can start enjoying a host of benefits and savings:

• an ANZ Home or Residential Investment Loan
• an ANZ Everyday Banking account
• an ANZ Credit Card account.

One of our dedicated home loan experts will help you build the right package to suit your needs.

Benefits of Standard Breakfree Package

Product Benefit Qualifier ANZ Standard Variable Rate Loans 0.50% p.a. interest rate discount Up to 0.60% p.a. interest rate discount Up to 0.70% p.a. interest rate discount Individual lending $150,000-$249,999 Individual or combined lending $250,000-$699,999 Individual or combined lending $700,000 or greater ANZ Equity Manager 0.50% p.a. interest rate discount Up to 0.60% p.a. interest rate discount Up to 0.60% p.a. interest rate discount Individual lending $150,000-$249,999 Individual or combined lending $250,000-$699,999 Individual or combined lending $700,000 or greater ANZ Fixed Rate Loans 0.15% p.a. interest rate discount Individual or combined lending $150,000 or greater ANZ Standard Variable Rate Loans ANZ Fixed Rate Loans ANZ Equity Manager ANZ Money Saver Loans^^ ANZ Easy Start Loans^^ ^^ No longer offered Fees waived: Loan approval fee (up to five loans) Valuation administration fee (three waivers per package p.a.) Renegotiation fee (one waiver per package p.a.) Loan administration charge Credit facility fee   ANZ Variable Rate Personal Loan 0.50% p.a. interest rate discount No loan approval fee No loan administration charge   ANZ Car Loan No establishment fee   ANZ Access Advantage ANZ One No monthly account service fee Unlimited ANZ transactions (Non-ANZ ATM fees still apply)   ANZ Assured No credit facility fee Facility limit of $1,000 on either ANZ Access Advantage or ANZ One ANZ Progress Saver Bonus interest rate Rates depend on amount held in deposit Eligible ANZ credit cards Note: the Rewards Program Services Fee will still apply on applicable credit card accounts)   No annual account fee No additional cardholder fee ANZ Platinum, ANZ Rewards Platinum and ANZ Frequent Flyer Platinum Any existing ANZ credit card can be added to the ANZ Breakfree package Telegraphic transfers and drafts 50% discount on the purchase fee for those sent overseas from an ANZ branch   ANZ Home Insurance (Buildings cover and Contents cover) ANZ Landlord Insurance   10% discount on premium* for the first year you take out a policy   ANZ Mortgage Protection 10% discount on premium*   ANZ Car Insurance 5% discount on premium* for the first year you take out a policy   ANZ Health Insurance One month’s premium waived in your first year of joining ANZ Health Insurance 5% p.a. premium discount from the second year onwards New ANZ Health Insurance members only ANZ Margin Loan standard or diversified (also known as an ANZ Margin Lending facility) ANZ E*TRADE Share Investment Loan (also known as an ANZ Margin Lending Facility)   0.35% p.a. rate discount off standard variable rate Minimum loan amount of $20,000 for ANZ Margin Loan and ANZ E*TRADE Share Investment Loan Minimum loan amount of $5,000 for ANZ Margin Lending Regular Geared Savings Plan

How much could I save with ANZ Breakfree?

Here is an example of the savings you could enjoy with an ANZ Breakfree Package. What you actually save will depend on your specific package. This example does not take into account any special offers under Breakfree. Benefit Saving (year one) Saving (year two onwards) 0.60% p.a discount on $250,000 ANZ Standard Variable Rate Home Loan $1,500 $1,500 No loan approval fee on an ANZ Standard Variable Rate Home Loan $600   No monthly loan administration charge on an ANZ Standard Variable Rate Home Loan $60 $60 No monthly account service fee on an ANZ One offset account^ $120 $120 No annual account fee on an ANZ Frequent Flyer Platinum credit card $240 $240 Saving $2,520 $1,920 Less ANZ Breakfree annual fee -$375 -$375 p.a Total saving $2,145 $1,545 This table provides examples of savings which could be obtained on a particular mix of ANZ products under the ANZ Breakfree Package. This example is for illustrative purposes only and assumes the following: ANZ Standard Variable Home Loan interest rate discounted by 0.60%p.a interest only repayments minimum contracted repayments are made on scheduled repayment dates through the life of the Standard Variable Rate Home Loan no additional repayments made. This example does not include other fees that may be payable on the ANZ Standard Variable Rate Home Loan.

The ANZ Breakfree Package can also offer you:

• bonus interest on your ANZ Progress Saver account
• discounts on ANZ Home Insurance (Buildings cover and Contents cover), ANZ Landlord Insurance, and other selected ANZ Insurance products.

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It is important to consider the following with ANZ Breakfree: 

• Refer to the ANZ Breakfree Terms and Conditions for further details and eligibility requirements.
• Whilst there are no hidden or monthly ANZ account services fees on ANZ Access Advantage or ANZ One offset facility, non-ANZ ATM fees still apply.
• The Rewards Program Services Fee will still apply on applicable credit card accounts. ANZ Offset accounts can only be linked to certain loan types. Visit the ANZ Offset account page for further information.
• This web content does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. ANZ recommends you read the applicable Product Disclosure Statement, policy document, or terms and conditions, which are available by calling 13 13 14, TTY 1300 366 255 or visiting your local ANZ branch before acquiring a product.

Insurance

ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance are co-issued by OnePath General Insurance Pty Limited ABN 56 072 892 365 AFSL 288160 (OnePath GI) and QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545 (QBE). The life benefits in ANZ Mortgage Protection and ANZ Loan Protection are issued by OnePath Life Limited (ABN 33 009 657 176, AFSL 238341); the disability and involuntary unemployment benefits are issued by QBE. You should consider the Product Disclosure Statements (available at anz.com or by calling 13 16 14) in deciding whether to acquire or continue holding these products.  

ANZ Health Insurance is issued by BUPA Australia Health Pty Ltd. ABN 50 003 098 655, a Registered Health Benefits organisation. 

For the purposes of calculating discounts on ANZ Car Insurance, bank and government charges may be excluded in calculating the amount of premiums.

Ways to apply for a home loan

• We come to you
• Visit an ANZ branch
• Apply online
• Download application form (PDF 448kB)

1 ANZ will not charge a Loan Approval Fee or a Loan Administration Charge on up to five eligible home or residential investment lending accounts, which are linked to your ANZ Breakfree Package in accordance with the ANZ Breakfree Terms and Conditions, where those fees become due on or after the account becomes part of your ANZ Breakfree Package.

2 The offset account under an ANZ Breakfree Package is an ANZ One account which can only be linked to ANZ Standard Variable Rate or ANZ 1 Year Fixed Rate Home or Residential Investment Loan (excludes Interest In Advance Fixed Rate Loans). The monthly account service fee is waived on one ANZ One offset account while the linked offset account and loan account are held under an ANZ Breakfree Package. Other fees and charges may apply to an ANZ One account. Please refer to ANZ Savings and Transaction Products Terms and Conditions and ANZ Personal Banking Account Fees and Charges for details.

3 The Annual Account Fee is waived on one eligible ANZ credit card account held under an ANZ Breakfree Package. The waiver only applies while the account is held under the package. A Rewards Program services fee of $55 and an annual Additional Cardholder Fee of $10 may apply.

* References to insurance premium amounts for the purposes of calculating the applicable Breakfree Package benefits exclude any stamp duty, GST and other government fees, charges or levies components that are included in the total premium amount paid by you.

ANZ’s Home Loan range achieved 5 stars across all of CANSTAR’s mortgage rating profiles.

Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Australian Credit Licence Number 234527.

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