Major bank re-introduces first year trail

Our last express round-up of September also includes a major bank’s $1000 new-customer reward and a non-major dropping fixed rates

Our last express round-up of September also includes a major bank’s $1000 new-customer reward and a non-major dropping fixed rates


1. Commonwealth Bank offer 0.15% first year trail commission

…starting January 1st 2015. However loans settled from the 1st October 2014 to December 31st will get 10bps extra upfront commission.


2. NAB offers $1000 to new customers

Eftpos card available to those applying for new loans of $300,000+ (including existing customers) by the 31s October. See more here.
 

3. Bankwest drops two and three year fixed rates

At 4.59% pa, non-major claims two-year Complete Fixed Home Loan/Fixed rate home loan rate is its “lowest ever”. Bankwest's three-year fixed rates have dropped by 10bps each. 

Lenders - make sure your products make it onto this list by emailing the editor. Brokers - MPA 30 seconds is just that – a product round-up which will save you time, whilst providing vital business intelligence, every Friday.