Bank Australia Premium Home Loan

4.82% p.a.

4.86% p.a.

$0.00

5.17% p.a.

5.21% p.a.

$0.00

5.37% p.a.

5.42% p.a.

$0.00

Currently showing

Rates

  • 4.82% p.a.

  • n/a

  • 0 Months

  • none

  • 4.86% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $250.00

Other financial bits

  • $100,000

  • none

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes - optional, $8 per month

  • none

  • none

Rates

  • 5.17% p.a.

  • n/a

  • 0 Months

  • none

  • 5.21% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $250.00

Other financial bits

  • $100,000

  • none

  • none

  • 80.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes - optional, $8 per month

  • none

  • none

Rates

  • 5.37% p.a.

  • n/a

  • 0 Months

  • none

  • 5.42% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $250.00

Other financial bits

  • $100,000

  • none

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes - optional, $8 per month

  • none

  • none

About Bank Australia

Bank Australia is a customer owned bank. Formerly bankmecu, Bank Australia has over 130,000 customers which act as shareholders of the bank. It offers a full range of products including home loans, savings, credit cards and loan products, and because its shareholders are its customers, they benefit from lower rate and fees. Bank Australia also invests up to 4% of its profits in various community projects every year.

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

Product Type Overall Rating Price Features Service Convenience Trust
7.7

Based on 35
Bank Australia home loans reviews

7.9 6.9 7.5 7.0 7.5

Read Bank Australia home loan reviews by the Mozo community

Latest reviews of Bank Australia Premium Home Loan

Bank Australia

Bank Australia Premium Home Loan (Owner Occupier) home loan review

Overall rating   10 / 10

Personal, environmental and responsible

bankmecu provides personal service, even over the phone. Walk into the bank and they will recognise you then recognise your children when they open their accounts. They are responsible - will do their best to help you secure a loan but not if they...

Full review

bankmecu provides personal service, even over the phone. Walk into the bank and they will recognise you then recognise your children when they open their accounts. They are responsible - will do their best to help you secure a loan but not if they do not think you can service it. bankmecu offers greenloans and puts back into the environment. Currently put 100 hectares in Victoria to replant and save endangered species in the area. If a mistake is made, they will fix it.

    Price   10 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   10 / 10

Less

Debbie (QLD), reviewed almost 3 years ago

Bank Australia

Bank Australia Premium Home Loan (Owner Occupier) home loan review

Overall rating   9 / 10

Escape the tyranny of the big banks!

I love bankmecu. They are customer owned (not out to make big $$$ from you) and have a social and environmental conscience. Plus they offer great rates and great products. Escape the tyranny of the big banks!

Full review

I love bankmecu. They are customer owned (not out to make big $$$ from you) and have a social and environmental conscience. Plus they offer great rates and great products. Escape the tyranny of the big banks!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Paul (VIC), reviewed over 3 years ago

Bank Australia

Bank Australia Premium Home Loan (Owner Occupier) home loan review

Overall rating   9 / 10

Ethical and awesome!

In a week where Oxfam has slammed the BIG 4 banks (yes, all of them!) for their involvement in land grabs, illegal logging, environmental destruction etc, my bank had an article on its web blog talking about the humane treatment of asylum seekers!...

Full review

In a week where Oxfam has slammed the BIG 4 banks (yes, all of them!) for their involvement in land grabs, illegal logging, environmental destruction etc, my bank had an article on its web blog talking about the humane treatment of asylum seekers! I know I have made the right call to ditch the big banks Awesome customer service also!

    Price   10 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Dave (QLD), reviewed over 3 years ago

Bank Australia

Bank Australia Premium Home Loan (Owner Occupier) home loan review

Overall rating   9 / 10

Great ethos, great service

A HUGE breath of fresh air after many years with big banks. Just knowing that our money is not feeding corporate greed and contributing to massive profits for the fat cats is liberating. The personal service offered by MECU is like nothing I have...

Full review

A HUGE breath of fresh air after many years with big banks. Just knowing that our money is not feeding corporate greed and contributing to massive profits for the fat cats is liberating. The personal service offered by MECU is like nothing I have ever had from a financial institution before, and their ethical banking stance just makes me feel HAPPY :-)

    Price   10 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Dave (QLD), reviewed about 4 years ago

Bank Australia

Bank Australia Premium Home Loan (Owner Occupier) home loan review

Overall rating   9 / 10

Competitive, treated like a customer not a number

My husband and I have been with Bank MECU through several reincarnations, way back in the days when it was Outlook Credit Union. When we lived close to a branch we always found the staff friendly and their level of knowledge excellent. We've...

Full review

My husband and I have been with Bank MECU through several reincarnations, way back in the days when it was Outlook Credit Union. When we lived close to a branch we always found the staff friendly and their level of knowledge excellent. We've relocated interstate where there is no Bank MECU office however we still find it simple to do business via internet banking, transacting via Australia Post and utilising Reditellers and the telephone when have a need to speak directly to a person. The level of personal customer service is excellent and the range of products offered is always on a par or better than the "big 4 banks".

    Price   8 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Mozo reviewer (NT), reviewed about 4 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their 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.

Compare other home loans