Adelaide Bank reduces award winning 3 year 100% Fixed Rate.

9 July 2014

Adelaide Bank’s 100% offset fixed three year SmartFix home loan has had an interest rate cut to 4.89% pa.

Announcing the new reduced interest rate, Adelaide Bank’s General Manager, Damian Percy, said:  “The new interest rate of 4.89% pa on the 3 Year 100% Offset product represents the best value this loan has offered in some time.  Not only does the rate provide a great opportunity for borrowers to lock in a fabulous rate for the next few years, but they receive the benefit of our fully transactional 100% Offset, free 90 day rate lock, the automated budgeting tool integrated into our new On Line Banking service, and free and unlimited use of over 2000 Bendigo Bank and Suncorp ATMs.”

“In addition, we throw in super quick turnaround times as standard, provided by our broker-exclusive Processing and Call Centre teams domiciled right here in Adelaide ”, Mr Percy concluded.

3 Year Smartfix Fast Facts:

  • 100% offset (fully transactional)
  • Unlimited Eftpos transactions
  • Free & unlimited use of Bendigo & Suncorp ATM network
  • Refix at no cost at end of fixed term
  • No variation fees for life of the loan
  • Free rate lock for up to 90 days
  • Newly upgraded Online Banking with automated budgeting tool
  • Up to $20,000 extra repayments per year