Bank Australia home loan reviews

Bank Australia
Bank Australia's overall rating for home loans

(as rated by the Mozo community)

7.8 / 10

based on 79 reviews

Price

Features

Customer service

Convenience

Trust

Featured home loan from Bank Australia

Recent Bank Australia home loan reviews

Bank Australia

Bank Australia Home Loan review

Overall rating   10 / 10

Fast service

I love their services and features of my home loan.

Full review

I love their services and features of my home loan.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Kevin, Western Australia, reviewed 7 months ago

Bank Australia

Bank Australia Premium Home Loan (Owner Occupier, LVR<70%) (Package) Home Loan review

Overall rating   9 / 10

Great customer service

They are always courteous and helpful.

Full review

They are always courteous and helpful.

    Price   7 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Debra, Victoria, reviewed 8 months ago

Bank Australia

Bank Australia Home Loan review

Overall rating   6 / 10

Good service

Easy to get a loan and deal with. I would recommend this provider.

Full review

Easy to get a loan and deal with. I would recommend this provider.

    Price   4 / 10

Less

John, Victoria, reviewed almost 2 years ago

Bank Australia

Bank Australia Basic Home Loan Special (LVR<80%, Owner Occupier) Home Loan review

Overall rating   10 / 10

Great customer service

Easy banking.

Full review

Easy banking.

    Price   8 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Tiffany, Victoria, reviewed over 3 years ago

Bank Australia

Bank Australia Home Loan review

Overall rating   10 / 10

Excellent services with minimal fees

Excellent services with minimal fees and helpful staff.

Full review

Excellent services with minimal fees and helpful staff.

    Price   8 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

John, Victoria, reviewed over 3 years ago

Bank Australia

Bank Australia Basic Home Loan Special (LVR<80%, Owner Occupier) Home Loan review

Overall rating   10 / 10

Great customer service

They were extremely helpful when I applied for this loan. They were helpful and were patient with all my questions.

Full review

They were extremely helpful when I applied for this loan. They were helpful and were patient with all my questions.

    Price   10 / 10

    Features   8 / 10

    Customer service   6 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Carole, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Basic Home Loan Special (LVR<80%, Owner Occupier) Home Loan review

Overall rating   7 / 10

Competitive home loan rates and friendly service

Very competitive home loan rates. MECU interests are its members not shareholders. All profits are invested back into the bank to provide fairer fees and banking for members.

Full review

Very competitive home loan rates. MECU interests are its members not shareholders. All profits are invested back into the bank to provide fairer fees and banking for members.

    Price   7 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Belinda, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Basic Home Loan Special (LVR<80%, Owner Occupier) Home Loan review

Overall rating   10 / 10

Fantastic customer service and very competitive.

I love this bank. The customer service is outstanding. It is never a problem to contact them and get help when you need it. The staff are so helpful and knowledgeable of their product. The rates are fantastic and if you pay extra it means your...

Full review

I love this bank. The customer service is outstanding. It is never a problem to contact them and get help when you need it. The staff are so helpful and knowledgeable of their product. The rates are fantastic and if you pay extra it means your loan is covered and gets paid off that little bit quicker. I would only say that there are pros to having this bank and would recommend it to all my family and friends.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Julie, Victoria, reviewed about 4 years ago

Bank Australia

Bank Australia Home Loan review

Overall rating   9 / 10

Like banks used to be

Having dealt with NAB, Commbank, ANZ and Bank of Queensland for home loans, I have found bankmecu to be the best. My contact was always "an expert" rather than just a phone answerer. I never had to meet them personally, or even go into the branch...

Full review

Having dealt with NAB, Commbank, ANZ and Bank of Queensland for home loans, I have found bankmecu to be the best. My contact was always "an expert" rather than just a phone answerer. I never had to meet them personally, or even go into the branch to get a loan, but they were always there whenever I needed them. Simply spectacular service from Rob at the Southport QLD branch. I remember our first home loan with Commbank was good, because we dealt direct with the manager and he made things simple. While legislation has made issuing loans harder, bankmecu have found enough experienced staff to still keep it simple for their clients. Thanks bankmecu.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Jim, New South Wales, reviewed about 4 years ago

Bank Australia

Bank Australia Home Loan review

Overall rating   8 / 10

Personal with easy access to appropriate staff

They have grown bigger , but retained their personal service touch and genuine enthusiasm to help you. I do recommend them to people & clients.

Full review

They have grown bigger , but retained their personal service touch and genuine enthusiasm to help you. I do recommend them to people & clients.

    Price   9 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   5 / 10

    Trust   4 / 10

Less

Roger, Victoria, reviewed about 4 years ago

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, Queensland, reviewed over 4 years ago

Bank Australia

Bank Australia Home Loan review

Overall rating   10 / 10

great features

Extremely good bank with great customer service

Full review

Extremely good bank with great customer service

    Price   9 / 10

    Features   3 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Jenni, Victoria, reviewed over 4 years ago

Bank Australia

Bank Australia Basic Home Loan Special (LVR<80%, Owner Occupier) Home Loan review

Overall rating   6 / 10

Good rates, friendly and helpful.

Local bank full of local people. Good rates and impeccable service.

Full review

Local bank full of local people. Good rates and impeccable service.

    Price   6 / 10

    Features   5 / 10

    Customer service   6 / 10

    Convenience   4 / 10

    Trust   5 / 10

Less

Gary, Victoria, reviewed over 4 years ago

Bank Australia

Bank Australia Home Loan review

Overall rating   8 / 10

Great customer service

The assistant bank manager was more than helpful and was the reason we switched over

Full review

The assistant bank manager was more than helpful and was the reason we switched over

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

Jodi, Victoria, reviewed over 4 years ago

Bank Australia

Bank Australia Basic Home Loan Special (LVR<80%, Owner Occupier) Home Loan review

Overall rating   9 / 10

Great service

Best rate, no account keeping fees Where else can you get a rate like 4.

Full review

Best rate, no account keeping fees Where else can you get a rate like 4.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Margaret, Victoria, reviewed over 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.

Home loan comparisons on Mozo - rates updated daily

  • loans.com.au Smart Home Loan (Owner Occupier, Principal & Interest)

    loans.com.au Smart Home Loan (Owner Occupier, Principal & Interest)

    • For purchase and refinance, min 20% deposit
    • No application or ongoing fees
    • Unlimited redraws and additional repayments

    interest rate

    3.28% p.a. variable

    comparison rate*

    3.30% p.a.

    upfront fees

    $520

    Go to site

    More info

    • For purchase and refinance, min 20% deposit
    • No application or ongoing fees
    • Unlimited redraws and additional repayments
    • Interest rate: 3.28% p.a. variable
    • Comparison rate*: 3.30% p.a.
    • Upfront fees: $520
    • Ongoing fees: $0.00
    • Discharge fee: $0.00
    • Extra repayments: yes - free
    • Redraw facility: yes - free
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $50,000
    • Maximum loan amount: $1,000,000
    • Type of loan: Variable
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    8.2

    Based on 636 loans.com.au home loan reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    UBank UHomeLoan (Owner Occupier, Principal & Interest) (Fixed)

    UBank UHomeLoan (Owner Occupier, Principal & Interest) (Fixed)

    • Fast, easy apply
    • No ongoing fees
    • Repayments will not change during fixed period

    interest rate

    2.99% p.a.
    fixed 1 year

    comparison rate*

    4.09% p.a.

    upfront fees

    $395

    Go to site

    More info

    • Fast, easy apply
    • No ongoing fees
    • Repayments will not change during fixed period
    • Interest rate: 2.99% p.a.
      fixed 1 year
    • Comparison rate*: 4.09% p.a.
    • Upfront fees: $395
    • Ongoing fees: $0.00
    • Discharge fee: $0.00
    • Extra repayments: yes - free up to $20,000 p.a.
    • Redraw facility: no
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $100,000
    • Maximum loan amount: $2,000,000
    • Type of loan: Fixed
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    5.2

    Based on 111 UBank home loan reviews

    Need more information?
    Go to site

    More info

  • Bank of Queensland Discount Fixed Rate (Owner Occupier, Principal & Interest)

    Bank of Queensland Discount Fixed Rate (Owner Occupier, Principal & Interest)

    • Borrow with as little as 5% deposit (owner occupiers)
    • Ability to make extra repayments
    • 1-5 year fixed term rates

    interest rate

    3.39% p.a.
    fixed 3 years

    comparison rate*

    4.41% p.a.

    upfront fees

    $450

    Go to site

    More info

    • Borrow with as little as 5% deposit (owner occupiers)
    • Ability to make extra repayments
    • 1-5 year fixed term rates
    • Interest rate: 3.39% p.a.
      fixed 3 years
    • Comparison rate*: 4.41% p.a.
    • Upfront fees: $450
    • Ongoing fees: $10.00 monthly
    • Discharge fee: $320.00
    • Extra repayments: yes - free up to $5,000 p.a
    • Redraw facility: no
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $150,000
    • Maximum loan amount:
    • Type of loan: Fixed
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    7.6

    Based on 510 Bank of Queensland home loan reviews

    Need more information?
    Go to site

    More info

  • Featured product

     

    Athena Variable Home Loan (Owner Occupier, Principal & Interest)

    Athena Variable Home Loan (Owner Occupier, Principal & Interest)

    • No application fees
    • No monthly fees
    • No annual fees

    interest rate

    3.34% p.a. variable

    comparison rate*

    3.30% p.a.

    upfront fees

    $0

    Go to site

    More info

    • No application fees
    • No monthly fees
    • No annual fees
    • Interest rate: 3.34% p.a. variable
    • Comparison rate*: 3.30% p.a.
    • Upfront fees: $0
    • Ongoing fees: $0.00
    • Discharge fee: $0.00
    • Extra repayments: yes - free
    • Redraw facility: yes - free
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $100,000
    • Maximum loan amount: $2,000,000
    • Type of loan: Variable
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    Tic:Toc Variable Home Loan (Owner Occupier, Principal & Interest)

    Tic:Toc Variable Home Loan (Owner Occupier, Principal & Interest)

    • A low hassle online home loan.
    • Tic:Toc’s award winning platform means you could save thousands with low rates and no application, valuation or settlement fees.
    • Unlimited free redraws and extra repayments.

    interest rate

    3.27% p.a. variable

    comparison rate*

    3.28% p.a.

    upfront fees

    $0

    Go to site

    More info

    • A low hassle online home loan.
    • Tic:Toc’s award winning platform means you could save thousands with low rates and no application, valuation or settlement fees.
    • Unlimited free redraws and extra repayments.
    • Interest rate: 3.27% p.a. variable
    • Comparison rate*: 3.28% p.a.
    • Upfront fees: $0
    • Ongoing fees: $0.00
    • Discharge fee: $325.00
    • Extra repayments: yes - free
    • Redraw facility: yes - free
    • Offset account: Optional - $10 per month
    • Maximum loan to value ratio: 90.00%
    • Minimum loan amount: $50,000
    • Maximum loan amount: $2,000,000
    • Type of loan: Variable
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Need more information?
    Go to site

    More info

*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.

Want more? Compare all 531 home loans in the Mozo comparison engine.

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*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.

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