We are pleased to advise the $300 Mortgage Switching Fee has been removed. We will no longer charge this whenever you request your contract to be switched to another loan type. This includes but not limited to switching from a variable rate to a fixed rate or vice versa, requesting a further fixed rate period when the loan would otherwise revert to a variable rate, and switching from principal and interest repayments to interest only payments (or vice versa).
The $5 Goldrate Home Loan Redraw Fee has also been removed. We will no longer charge this whenever you redraw from loan repayment advances on your Goldrate Home Loan.
Please refer to our current Schedule of Fees and Charges for more details.