Calculate your home loan repayments
A low variable interest rate, loans from $150,000 and no monthly administration fee.
Heritage is Australia's largest customer-owned bank which means we're owned by our customers (like you!), not shareholders. So, instead of pursuing massive profits, our focus is on putting People First.
We know that helping our customers reach their financial dreams is not just about great products and competitive rates, it's about their entire banking experience. When you choose Heritage you'll be supported with award-winning customer service from our branches in Queensland and NSW. Plus, our Contact Centre has a team available 24/7 for all your banking needs.
Step 1: Take out an Eligible Home Loan
Apply for an Eligible Home Loan between 1 March 2021 and 30 April 2021 and settle before 31 July 2021.
After your Eligible Home Loan settles, you'll receive a $50 bonus payment each month you meet the Bonus Criteria below, for up to 6 months.
✔ Transaction Account
✔ 5 Visa Debit Purchases each month
✔ Automatic Home Loan Repayments
What is an Eligible Home Loan?
An Eligible Home Loan is a new Standard Variable, Discount Variable, Fixed Rate home loan or Home Advantage Package eligible loan (including further advances on existing loans) for a minimum amount of $250,000.
The Eligible Home Loan must be applied for between 1 March 2021 to 30 April 2021 and disbursed by 31 July 2021
Offer not valid for Living Equity or Line of Credit loans, Bridging Loans, Business Loans and existing Members switching loans, or internal refinances, or non-residents.
How do I set up automatic home loan repayments?
We can help you set up a regular direct debit arrangement in-branch or over the phone during your application. You can also login to Heritage Online and set up a reoccurring repayment yourself by selecting transfer later and choosing the frequency and amount of transfer.
What if I don't meet the bonus criteria in the first month?
We'll be checking if you meet the bonus criteria each month, for 6 months after your home loan settles. So if you don't meet the criteria one month but you do the next, we'll see this and adjust your bonus payments accordingly.
Let's say your home loan settles in April 2021. You don't meet the bonus criteria in May 2021 but you do in June 2021.
You'll receive your first $50 cashback payment in July 2021. If you continue to meet the bonus criteria, your last cashback payment will be made in November 2021. Your total cashback will be $250.
Do all transaction types count towards my 5 purchases?
No, not all transactions will get you into the draw. An 'Eligible Transaction' is any transaction where you pay with your Visa Debit Card at a checkout in-store or online. This can be with your physical card or your digital wallet.
Transactions that aren't included in this promotion are:
What Heritage transaction accounts are eligible?
When will the cashback payments be paid?
After your eligible home loan settles, we'll check that you meet the bonus criteria each month, for 6 months.
Each month you meet the criteria, you'll receive a $50 payment deposited into your Heritage transaction account processed in the next calendar month.
Let's say your home loan settles in April 2021.
May 2021 will the the first month you need to meet the bonus criteria. If you meet it, your first $50 cashback will be paid in June 2021.
If you continue to meet the bonus criteria for 6 months, your last cashback payment will be made in November 2021. Your total cashback will be $300.
What are the terms & conditions for the promotion?