ANZ Home Loan Package

ANZ Breakfree Package - More rewarding.

By bundling together your home loans, bank account and credit card, you can enjoy the range of benefits offered by the ANZ Breakfree Package

ANZ, Money Magazine's Home Lender of the Year, 2014

ANZ Breakfree Package

 

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Benefits of the ANZ Breakfree Package

  • For an annual fee of $375 - save up to $2,000 in the first year
  • Discounts on ANZ standard variable rate and ANZ fixed rate loans
  • No Loan Approval Fees or Loan Administration Charges1 on loans linked to ANZ Breakfree Package
  • An unlimited number of loans can be linked to the ANZ Breakfree Package for up to 5 Package Holders
  • Discounts on the first year's premiums for home and contents, landlord and car insurance5.

 

In addition, we will:

  • Waive renegotiation or valuation administration fees.
  • Waive your monthly account service fee on one ANZ transaction account.
  • Waive your annual credit card fee on one ANZ credit card.2

Send us an enquiry

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Call us on 1800 100 641

Special offer - Available for a limited time.

For a limited time, you can get the following interest rate discounts on the ANZ Standard Variable Rate loan and the ANZ Equity Manager loan: 

Discounts on Standard Variable Rate
Total mortgage lending^ Loan to Value Ratio ≤80% Loan to Value Ratio >80%
$250,000 - $499,999 0.80% p.a. 0.75% p.a.
$500,000 and above 0.90% p.a. 0.85% p.a

Read ANZ Breakfree Package Special Offer Terms and Conditions (PDF 38kB)

 

Total Mortgage Lending^ Discount Discount at Fixed Rate Maturity
ANZ Standard Variable Interest Rate (Home and Residential Loan and Equity Manager)
$150,000 - $249,999 0.50% p.a. n/a
$250,000 - $699,999 0.60% p.a. n/a
$700,000 0.70% p.a. n/a
ANZ Fixed Rate Interest Rate (Home and Residential Investment Loan)
$150,000 - $249,999 0.15% p.a. 0.50% p.a.
$250,000 - $699,999 0.15% p.a. 0.60% p.a.
$700,000 0.15% p.a. 0.70% p.a.
Benefits of Standard ANZ Breakfree Package
ANZ Fixed Rate Loans
  • 0.15% p.a. interest rate discount
  • Any individual loan size.
ANZ Standard Variable Rate Loans
ANZ Fixed Rate Loans
ANZ Equity Manager
 

Fees waived:

  • Loan approval fee (unlimited loans)
  • Valuation administration fee
  • Loan administration charge
  • Credit facility 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
Eligible ANZ credit cards
Note: the Rewards Program Services Fee will still apply on applicable credit card accounts)
 
Any eligible existing ANZ credit card account can be added to the ANZ Breakfree package (ANZ Frequent Flyer Black is not available as part of the Breakfree package)
ANZ Home Insurance (Buildings cover and Contents cover)

 
10% discount on premium* for the first year you take out a policy  
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 Financial Planning

A no obligation consultation with an ANZ Financial Planner3

Plus, up to $220 off the ANZ Financial Planning One-Off Adviser Service Fee for a personal life insurance review to help you with your Life, Income Protection, Trauma and Total and Permanent Disablement insurance needs.4

Discount only available once per ANZ Breakfree Package. To take advantage of this benefit, you should notify your ANZ Financial Planner that you are an ANZ Breakfree Package holder. An ANZ Financial Planning representative may contact you to discuss this benefit.
How much could I save with ANZ Breakfree?
If you total all the savings offered by the ANZ Breakfree Package, you could save over $2,000 in the first year.
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 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.

To be eligible for an ANZ Breakfree Package you must:

  • Hold one eligible ANZ transaction account, and be approved for:
  • at least one eligible loan product with a total loan balance or credit limit of at least $150,000
  • and, one eligible ANZ credit card.

To receive the interest rate and fee benefits on new loans with the ANZ Breakfree Package, you must have one of the following:

  • ANZ Standard Variable Rate Home Loan
  • ANZ Fixed Rate Home Loan
  • ANZ Standard Variable Rate Residential Investment Loan
  • ANZ Fixed Rate Residential Investment Loan
  • ANZ Equity Manager Facility

You can enjoy the fee benefits of the ANZ Breakfree Package if you use one of the following:

  • ANZ Access Advantage account
  • ANZ One account
  • ANZ Equity Manager facility

If you have one of the following credit cards, you can enjoy the fee benefits:

  • ANZ Platinum
  • ANZ Low Rate Platinum
  • ANZ Rewards Platinum
  • ANZ Frequent Flyer Platinum
  • ANZ Rewards Black
  • any other ANZ credit card account which ANZ accepts at its discretion

 

Important Information

It is important to consider the following with ANZ Breakfree:

  • All ANZ Breakfree Package benefits are subject to the ANZ Breakfree Terms and Conditions and any relevant Product Disclosure Statements or terms and conditions
  • Any relevant Special Offer terms and conditions apply.

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

Over the past 16 years, ANZ has been awarded ‘Home Lender of the Year' by Money magazine in 2014, 2012, 2010 and 2008-2005, and Personal Investor magazine in 2005, 2004 and 2002-1999.

Fixed rate home loans aren't for everyone and are subject to change at any time prior to the loan being settled. You can ask ANZ about options for locking in a fixed rate before settlement - Terms, Conditions and a $750 Lock Rate Fee apply. Early Repayment Costs may apply if you make changes to your loan or additional payments above the allowed amount. This cost can be very large and you should ask us for an estimate before making changes during the fixed rate period. ANZ Breakfree Package fee and other fees, charges and eligibility criteria apply. Please see the ANZ Breakfree Terms and Conditions available on this page or at any branch.

This Comparison Rate is for a loan of $150,000 over 25 years. WARNING: This Comparison Rate applies only to the example or examples given and includes the ANZ Breakfree Package fee and standard discounts and fee waivers under ANZ Breakfree. Different amounts and terms will result in different Comparison Rates. The calculation of this Comparison Rate includes the ANZ Breakfree Package Fee and certain discounts and fee waivers which are ANZ Breakfree Benefits, such as the Loan Approval Fee waiver. Early Repayment Costs are not included in the Comparison Rate but may influence the cost of the loan if you make early or additional repayments. A Comparison Rate schedule is available at any ANZ branch.

^Total Mortgage Lending - Means the sum of the account balances, plus any funds available for redraw, of home and investment loan accounts and the credit limit of any Equity Manager facilities held in the names of the applicants or borrowers, whether or not the loan is linked to the ANZ Breakfree Package. It does not include Nominated Loan Accounts which are held by other Package Holders.

1. ANZ will not charge a Loan Approval Fee or a Loan Administration Charge on 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 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 per cardholder may apply to ANZ Rewards and ANZ Frequent Flyer accounts.  ANZ Frequent Flyer Black is not available as part of the Breakfree package.

3. ANZ Financial Planners are representatives of Australia and New Zealand Banking Group Limited ABN 11 005 357 522, the holder of an Australian Financial Services Licence.

4. The discount of up to $200.00 on the One-Off Adviser Service Fee only applies to a personal life insurance recommendation. Any advice not related to personal life insurance may attract an additional One-Off Adviser Service Fee.

5. To be entitled to a discount on your insurance you must notify the issuers of these products at the time of application that you are an ANZ Breakfree Package customer. Please note for ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance the discount is only applicable to the first year's premium. Reference 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. These discounts are not available in conjunction with any other discount offer made by issuers of these products or ANZ.

6. Average annual premium is calculated by: total amount of new ANZ Home Insurance premium divided by total number of new ANZ Home Insurance policies sold.

7. ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance are jointly issued by OnePath General Insurance Pty Limited (ABN 56 072 892 365) and QBE Insurance (Australia) Limited (ABN 78 003 191 035)(QBE). ANZ Mortgage Protection is jointly issued by OnePath Life Limited (ABN 33 009 657 176) and QBE. This information is of a general nature and has been prepared without taking account of your objectives, financial situation or needs.  You should consider whether the information is appropriate for you having regard to your objectives, financial situation and needs. ANZ recommends that you read the ANZ Financial Services Guide (PDF 520kB) and the relevant ANZ Home insurance Product Disclosure Statement and Policy (PDF 936kB), ANZ Landlord Insurance Product Disclosure Statement and Policy (PDF 686kB), ANZ Car Insurance Product Disclosure Statement and Policy (PDF 655kB) and ANZ Mortgage Protection Insurance Product Disclosure Statement and Policy (PDF 307kB) (also available by calling 13 16 14) before deciding whether to acquire, or to continue to hold, the products. To be entitled to a discount on your insurance you must notify the issuers of these products at the time of application that you are an ANZ Breakfree Package customer. Please note for ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance the discount is only applicable to the first year's premium. Reference 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. These discounts are not available in conjunction with any other discount offer made by issuers of these products or ANZ.

* References to insurance premium amounts for the purposes of calculating the applicable ANZ 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.

To be entitled to a discount on your insurance you must notify the insurer (described below) at the time of application. Please note for Home, Contents, Landlord and Car Insurance the discount is only applicable to the first year's premium.

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

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