Home loans with bonus features you won’t want to miss

excited family getting home loan with bonus features

Whether you’re a first home buyer or looking to refinance, searching for a home loan can get a bit samey. It’s easy to think that once you’ve seen one home loan, you’ve seen them all, with some changes in rates and eligibility.

If you’ve been lost in a sea of standard home loans, we’re here to highlight some of the home loans that might shake up your perceptions. From generous bonus offers to loyalty-based discounts, these are some home loans on the market that you’ll want to pay attention to.

100,000 bonus Qantas Points every year

Qantas Money - Variable Home Loan
  • 5.78% p.a. variable rate (5.84% p.a. comparison rate*)
  • 100,000 Qantas Points per year (T&Cs apply)
  • Just 10% deposit required for loans under $2M
Find out more

The Qantas Money Home Loan could send you flying high! You’ll be rewarded with 100,000 Qantas Points every year for the life of your home loan (T&Cs apply). This loan also features a competitive variable rate and an easy and fast online application process. You can borrow from $300K up to $3M. You'll need to be a Qantas Frequent Flyer Member but you can sign up for free from Qantas Money and save the $99 fee. A 10% deposit is required.

Rewards loyalty – discounts your rate after each year

Unloan – Variable Home Loan
  • 5.74% p.a. variable rate (5.65% p.a. comparison rate*)
  • Zero upfront or ongoing fees
  • Refinancers only

Unloan is a sleek home loan option built by Commbank which could be an attractive option for refinancers, with owner-occupiers receiving a low 5.74% p.a. variable rate (5.65% p.a. comparison rate*) along with a loyalty discount that shaves 1 basis point off your interest every year for up to 30 years (T&Cs apply).It also won Best New Home Loan in the 2023 Mozo Experts Choice Awards^. Loan features include free extra repayments and redraw, and there are no fees to pay (apart from any mandatory government fees). Unloan’s Variable Home Loan is available for refinance loans of up to $3M with a minimum 20% deposit. 

Save on interest with up to 50 offset accounts (T&Cs apply)

Up – Variable Home Loan
  • 5.90% p.a. variable rate (5.90% p.a. comparison rate*)
  • No application, monthly, annual, redraw, or discharge fees
  • Free offset accounts available
Find out more

With a competitive variable interest rate of 5.90% p.a. (5.90% p.a. comparison rate*) and an easy-to understand website, Up offers users a low-fee home loan accessed through their standout 2023 Mozo Experts Choice Award-winning app^. This user-friendly home loan only needs a 10% deposit and offers free unlimited repayments with a free redraw facility, and you’ll also be able to access up to 50 offset accounts (T&Cs apply). They’ll also cover the first $400 of your property valuation. Up home loans are only available to owner-occupiers buying or refinancing in major Australian cities. Up is 100% owned by Bendigo Bank.

Waived annual credit card fee

Macquarie – Offset Home Loan
  • Variable rates from 5.89% p.a. (6.14% p.a. comparison rate*)
  • 100% offset account
  • Free extra repayments

Macquarie’s Offset Home Loan (Package) is a multi-feature home loan worth watching, with variable rates from 5.89% p.a. (6.14% p.a. comparison rate*) for borrowers with an LVR below 60%. You can access an offset account, redraws and extra repayment facilities. But what about those package perks and features? Well, you can receive an annual fee waiver when you add a Macquarie credit card to your Macquarie home loan (T&Cs apply), as well as opting for a linked debit Mastercard with $0 international fees online at overseas retailers (T&Cs apply). Be mindful that this loan comes with a yearly $248 service fee, a $350 legal fee and a $400 discharge fee.

One of these home loans is sure to break the mortgage monotony! With bold features and eye-catching rates, there’s an option for everyone. 

Looking for more options? Find some of the Mozo picks for the best home loans today.

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.