Commonwealth Bank Viridian Line of Credit (Wealth Package)

  • Commonwealth Bank
  • 5.55%

  • n/a

  • $395.00 yearly

  • $200

  • Commonwealth Bank
  • 5.25%

  • n/a

  • $395.00 yearly

  • $200

  • Commonwealth Bank
  • 5.20%

  • n/a

  • $395.00 yearly

  • $200

Currently showing:

Rates

Variable rate
5.55%
Intro rate
n/a
Intro rate term
0 Months
Intro rate type
none
Comparison Rate*
n/a
Fixed 1 year rate
n/a
Fixed 2 year rate
n/a
Fixed 3 year rate
n/a
Fixed 4 year rate
n/a
Fixed 5 year rate
n/a
Fixed 7 year rate
n/a
Fixed 10 year rate
n/a
Fixed loan revert rate
n/a

Fees

Application fee
$0.00
Legal fee
$0.00
Valuation fee
$0.00
Settlement fee
$200.00
Other upfront fee (% of loan)
none
Service fee
$395.00 yearly
Discharge fee
$350.00

Other financial bits

Minimum loan amount
$150,000
Maximum loan amount
$249,999
Minimum LVR
n/a
Maximum LVR
97.00%

Features

Availability
Owner Occupier, Investor
Repayment Type
No set repayments
Repayment Frequency
No set repayments
Extra repayments
n/a
Repayment holidays
none
Redraw facility
n/a
Minimum redraw amount
none
Split account
yes
Offset account
no
Other restrictions
none
Other benefits
Wealth Package benefits include: Complete Access Account with unlimited everyday transactions and no withdrawal (excluding non-CBA ATMs) or monthly account fees; Gold Credit Card annual fee waiver; discounts on CommInsure.

Rates

Variable rate
5.25%
Intro rate
n/a
Intro rate term
0 Months
Intro rate type
none
Comparison Rate*
n/a
Fixed 1 year rate
n/a
Fixed 2 year rate
n/a
Fixed 3 year rate
n/a
Fixed 4 year rate
n/a
Fixed 5 year rate
n/a
Fixed 7 year rate
n/a
Fixed 10 year rate
n/a
Fixed loan revert rate
n/a

Fees

Application fee
$0.00
Legal fee
$0.00
Valuation fee
$0.00
Settlement fee
$200.00
Other upfront fee (% of loan)
none
Service fee
$395.00 yearly
Discharge fee
$350.00

Other financial bits

Minimum loan amount
$250,000
Maximum loan amount
$499,999
Minimum LVR
n/a
Maximum LVR
97.00%

Features

Availability
Owner Occupier, Investor
Repayment Type
No set repayments
Repayment Frequency
No set repayments
Extra repayments
n/a
Repayment holidays
none
Redraw facility
n/a
Minimum redraw amount
none
Split account
yes
Offset account
no
Other restrictions
none
Other benefits
Wealth Package benefits include: Complete Access Account with unlimited everyday transactions and no withdrawal (excluding non-CBA ATMs) or monthly account fees; Gold Credit Card annual fee waiver; discounts on CommInsure.

Rates

Variable rate
5.20%
Intro rate
n/a
Intro rate term
0 Months
Intro rate type
none
Comparison Rate*
n/a
Fixed 1 year rate
n/a
Fixed 2 year rate
n/a
Fixed 3 year rate
n/a
Fixed 4 year rate
n/a
Fixed 5 year rate
n/a
Fixed 7 year rate
n/a
Fixed 10 year rate
n/a
Fixed loan revert rate
n/a

Fees

Application fee
$0.00
Legal fee
$0.00
Valuation fee
$0.00
Settlement fee
$200.00
Other upfront fee (% of loan)
none
Service fee
$395.00 yearly
Discharge fee
$350.00

Other financial bits

Minimum loan amount
$500,000
Maximum loan amount
none
Minimum LVR
n/a
Maximum LVR
97.00%

Features

Availability
Owner Occupier, Investor
Repayment Type
No set repayments
Repayment Frequency
No set repayments
Extra repayments
n/a
Repayment holidays
none
Redraw facility
n/a
Minimum redraw amount
none
Split account
yes
Offset account
no
Other restrictions
none
Other benefits
Wealth Package benefits include: Complete Access Account with unlimited everyday transactions and no withdrawal (excluding non-CBA ATMs) or monthly account fees; Gold Credit Card annual fee waiver; discounts on CommInsure.

About Commonwealth Bank

The Commonwealth Bank might be one of Australia's oldest and largest banks, but lately it's determined to do things differently. The Commonwealth Bank reckons it's focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank's wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

How are Commonwealth Bank home loans rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
Commonwealth Bank home loan 7.2 Based on 637
Commonwealth Bank home loan reviews
6.7 6.7 7.4 7.8 7.1

Read Commonwealth Bank home loan reviews by the Mozo community

Latest reviews of Commonwealth Bank Viridian Line of Credit (Wealth Package)

  • Flexible, valuable options. Convenience & support.

    1. Overall customer rating
    2. (Reviewed 4 months ago)

    I like the product that I have rather than the bank per se (I do not know "the bank"- is it actually possible to know a brand?) I have the Viridian line of credit in concert with the wealth package. For me, this has been great. Despite not actu...  Full review 

    I like the product that I have rather than the bank per se (I do not know "the bank"- is it actually possible to know a brand?) I have the Viridian line of credit in concert with the wealth package. For me, this has been great. Despite not actually being wealthy, I have been a small time property investor, and appreciate the lower interest rate via rebate, awards points, the no fee bank accounts, and the credit card where the whole due balance is taken out automatically so I never pay card fees either. The original person I spoke to, did an absolutely great job of matching my needs with the appropriate products.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank home loan review by Robert from Tasmania

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  • Great Customer Service

    1. Overall customer rating
    2. (Reviewed 5 months ago)

    I like this product as it gives us great flexibility in our future investment strategies.  Full review 

    I like this product as it gives us great flexibility in our future investment strategies.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank home loan review by Alan from Queensland

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  • Great ambassadors for the CBA

    1. Overall customer rating
    2. (Reviewed 9 months ago)

    The principal reason why I like the CBA is because of the staff at Laurieton Branch. When organisations state that their greatest asset is their staff, the Laurieton staff exemplify this.  Full review 

    The principal reason why I like the CBA is because of the staff at Laurieton Branch. When organisations state that their greatest asset is their staff, the Laurieton staff exemplify this.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank home loan review by Roger from New South Wales

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  • Poor customer service

    1. Overall customer rating
    2. (Reviewed 10 months ago)

    High turnover of staff in lending means I have no continuity of service as a customer. High charges, poor internet bank website, and not passing on interest rate decreases adds up to no trust and an unhappy customer.  Full review 

    High turnover of staff in lending means I have no continuity of service as a customer. High charges, poor internet bank website, and not passing on interest rate decreases adds up to no trust and an unhappy customer.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank home loan review by Margaret from Queensland

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  • Easy to use and very user friendly

    1. Overall customer rating
    2. (Reviewed 11 months ago)

    This bank appears to be very good to us they have been helpful all through our term with them and if we have had any problems have helped us sort through them and managed to keep our mortgages paid and up to date with their good advise.  Full review 

    This bank appears to be very good to us they have been helpful all through our term with them and if we have had any problems have helped us sort through them and managed to keep our mortgages paid and up to date with their good advise.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank home loan review by Kristina from Queensland

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  • Show more reviews

* The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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