Our rates and fees

(1) This owner occupier variable home loan rate offer is for new borrowings and refinances from other financial institutions outside of BankVic with a minimum loan amount of $200,000. Upon expiry of the 2 year introductory rate, the interest rate will revert to our Base Variable rate applicable at that time. Borrow up to 80% of the property value with no Lenders Mortgage Insurance (LMI). First Home Buyers, Victoria Police, Health and Emergency services employees can borrow up to 90% of the property value and pay no LMI.

Cash back: Eligible members will receive a maximum cash back of $1,500 deposited into their BankVic loan account up to 20 days after the loan has funded. Cash back is limited to a maximum of two cash backs per member (each cash back applied per single property, irrespective of the number of loans involved in the transaction). Eligibility is limited to new Principal & Interest borrowings refinanced from other financial institutions to BankVic’s 2 Year Introductory Rate. This offer is available from 6 September 2021.

(1) Fixed rates apply for owner occupied loans with principal and interest repayments, at the end of the Fixed Rate period the interest rate will revert to our standard variable rate applicable at that time. The minimum loan amount is $50,000. Borrow up to 80% of the property value with no Lenders Mortgage Insurance (LMI). First home buyers and Victoria Police, Health and Emergency services employees can borrow up to 90% of the property value and pay no LMI. You can make up to $10,000 pa in additional payments without incurring any penalty cost, any amounts exceeding $10,000 may incur a break cost. Please see the fees and charges guide for more information.

(1) The owner occupier variable home loan rate offer is for new borrowings and refinances from other financial institutions outside of BankVic. Minimum loan amount of $120,000. Borrow up to 80% of the property value with no Lenders Mortgage Insurance (LMI). First Home Buyers and Victoria Police, Health and Emergency services employees can borrow up to 90% of the property value and pay no LMI.

(1) This owner occupier variable rate home loan offer is available for new borrowings, refinances and top-ups. Minimum loan amount of $20,000. Borrow up to 80% of the property value with no Lenders Mortgage Insurance (LMI). Victoria Police, Health and Emergency services employees can borrow up to 90% of the property value and pay no LMI.

(1) Please refer to BankVic's Premium Home Package T&Cs for a full description of the benefits available.

Fixed rate benefits cannot be applied to existing products with fixed interest rate periods until the current period is rolled over.
Early repayment and break costs may apply, please refer to Fees & Charges.
Standard property valuations are defined as those within the Metropolitan area and major regional centres and where the value is under $1 million.

(1) This owner occupier variable rate home loan offer is for new borrowings and refinances from other financial institutions outside of BankVic. Minimum loan amount of $200,000. Borrow up to 80% of the property value. First home buyers can borrow up to 90% of the property value. Offset account not available. The offer is current as at 1 July 2021. BankVic may vary or end the offer at any time without notice.

(1) Minimum loan amount of $200,000 for new principal and interest borrowings and refinances from other financial institutions. Upon expiry of the 3 year introductory rate, the interest rate will revert to our Base Variable rate applicable at that time.

(1) The First Home Buyer Package (FHBP) Loan is available on the purchase of a first home, on owner-occupied loans with principal and interest repayments to purchase a new (fully constructed) or established home (not applicable for construction loans).

Visa Silver Credit Card: The Visa Silver Credit Card must be obtained with a FHBP loan to be eligible for the interest rate the same as the FHBP home loan variable interest rate. Once your FHBP home loan is paid out, the Visa Silver Credit Card interest rate will revert to the standard interest rate for the Visa Silver Credit Card.

FHBP Insurance Offer: $100 cash back offer is available when you take out two general insurance policies through BankVic at the same time and obtain an FHBP Home Loan. The cash back will be deposited into your BankVic transaction account on the date your FHBP loan commences. Terms, conditions, limits and exclusions apply.

(1) This investor variable rate home loan offer is for new borrowings and refinances from other financial institutions outside of BankVic with a minimum loan amount of $200,000. Upon expiry of the 2 year introductory rate, the interest rate will revert to our Investor Base Variable rate applicable at that time. Borrow up to 80% of the property value. This offer is available from 28 September 2021.

(1) This investor variable rate is available for new borrowings, refinances and top-ups. Minimum loan amount of $120,000. Borrow up to 80% of the property value. Offset account not available.

(1) Fixed rates apply for investment loans with principal and interest repayments, at the end of the Fixed Rate period the interest rate will revert to our standard variable rate applicable at that time. The minimum loan amount is $50,000. Borrow up to 80% of the property value. You can make up to $10,000 pa in additional payments without incurring any penalty cost, any amounts exceeding $10,000 may incur a break cost. Please see the fees and charges guide for more information.

(1) This investor variable rate is available for new borrowings, refinances and top-ups. Minimum loan amount of $20,000. Borrow up to 80% of the property value.

(1) This variable investor rate is for new borrowings and refinances from other financial institutions outside of BankVic. Minimum loan amount of $200,000. Borrow up to 80% of the property value. Offset account not available. BankVic may vary or end the offer at any time without notice.

(1) Introductory rates are applicable to purchases and balance transfers for the first six months from account opening.

(1) Introductory rates are applicable to purchases and balance transfers for the first six months from account opening.

(1) Introductory rates are applicable to purchases and balance transfers for the first six months from account opening.

(2) Balance transfer is limited to two credit cards per Visa credit card account and excludes transfers from other BankVic credit cards.

(1) Bonus rate is additional to the Standard rate and applies when no withdrawals are made in a month.

(1) Interest is calculated daily and credited on 30 Jun and 31 Dec

(1) Deposit $100 per calendar month, with no withdrawals and we'll reward you with bonus interest. Bonus interest rate is capped at a maximum balance of $1,000,000.

(1) Interest is calculated using the 'part' balance method on each balance amount that falls within the respective balance tier

(1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

(1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

(1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

(1) Tiered with the rate of interest applicable to the balance of your RSA variable account being that as stated above in this table. The rate is applied to the whole balance of the RSA variable account, with the 'whole balance' excluding any balance in a RSA term deposit. $50,000 minimum deposit. Quoted net of all administration fees and before taxes and any government charges. Interest is calculated daily and credited to the RSA variable account every 30th of June and/or on maturity.