Beyond Bank Low Rate Special Variable Home Loan

3.83% p.a.

3.83% p.a.

$0.00

4.29% p.a.

4.31% p.a.

$0.00

Beyond Bank Low Rate Special Variable Home Loan Review

Rates and fees information correct as at 19 August 2017.

Review published: 15 January 2015

What's hot:

  • No monthly fees

  • Variable rates starting from 3.83%

What's not:

Mozo snapshot:

Beyond Bank goes beyond the norm with its Special Rate Standard Variable Home Loan that offers enticing variable rates from 3.83% (3.83% comparison rate), no upfront or ongoing fees and plenty of flexible features that mean you can pay off your home loan sooner. 

Key features:

If you borrow up to 70% of the property's value for a loan between $150,000-$2,000,000, you'll be eligible for Beyond Bank's super low 3.83% variable interest rate (3.83% comparison rate) on its Special Rate Standard Variable Home Loan. The special rate is available to first home buyers and owner occupiers that make principal and interest repayments. 

With the Special Rate Standard Variable Home Loan you'll receive a great range of features, including a 100% offset account, extra repayments and a redraw facility (min $500 redraw). 

And what makes the Special Rate Standard Variable Home Loan a true winner is the lack of fees, as there's no application, legal, valuation or settlement fees. Just make sure you budget for the $295 discharge fee that you'll have to pay at the end of the home loan period.

Tech-savvy? Then apply online and Beyond Bank promises a quick response within 2 hours (between 7am to 10pm weekdays and 9am to 10pm on weekends).

Who it's good for:

Owner occupiers looking for a special low variable rate of 3.83% with no upfront or ongoing fees, free online redraw, free offset account and unlimited additional repayments.

Any catches?

Keep in mind, the special rate of 3.83% is only available for owner occupied principal and interest loans up to 70% LVR. 

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

Product Type Overall Rating Price Features Service Convenience Trust
8.5

Based on 27
Beyond Bank home loans reviews

8.6 8.1 8.7 8.3 8.7

Read Beyond Bank home loan reviews by the Mozo community

Latest reviews of Beyond Bank Low Rate Special Variable Home Loan

Beyond Bank

Beyond Bank Low Rate Special Variable Home Loan (Owner Occupier, LVR<70%) home loan review

Overall rating   8 / 10

Tailored to your needs, Honest and competitive

Great people. Always ready to listen.

Great people. Always ready to listen.

    Price   8 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   6 / 10

    Trust   7 / 10

Less

Victoria (NSW), reviewed over 1 year ago

Beyond Bank

Beyond Bank Low Rate Special Variable Home Loan (Owner Occupier, LVR<70%) home loan review

Overall rating   10 / 10

Pleasing

Always nice & helpful.

Always nice & helpful.

    Price   5 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   10 / 10

Less

Michelle (NSW), reviewed over 2 years ago

Beyond Bank

Beyond Bank Low Rate Special Variable Home Loan (Owner Occupier, LVR<70%) home loan review

Overall rating   10 / 10

Great customer service and great rates too

Beyond Banks is beyond helpful - they are almost like friends!

Beyond Banks is beyond helpful - they are almost like friends!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Elizabeth (SA), reviewed over 3 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.

Currently showing

Rates

  • 3.83% p.a.

  • n/a

  • 0 Months

  • none

  • 3.83% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $295.00

Other financial bits

  • $150,000

  • none

  • none

  • 70.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • no

  • yes

  • none

  • none

Rates

  • 4.29% p.a.

  • n/a

  • 0 Months

  • none

  • 4.31% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $0.00

  • $295.00

Other financial bits

  • $150,000

  • none

  • 70.00%

  • 90.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • no

  • yes

  • none

  • none

About Beyond Bank

Beyond Bank, formerly Community CPS, is one of Australia's largest customer owned banks. Based in South Australia, Beyond Bank operates more than 46 branches across the country. Beyond Bank offers a wide range of banking and financial products including home loans, credit cards, savings accounts, term deposits, bank and and business accounts, and personal loans. The winning combination of great products and local service has helped Beyond Bank win many industry awards, including Best Credit Union in the Mozo People's Choice Awards 2012.

*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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