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Please note: this information is for existing customers only.

Key features

Monthly fee

There’s no monthly fee on SmartSaver.


Choose between a variable or fixed interest rate.


It’s free to redraw online or via our app (min. $1).

What you’ll need:

  • The amount you’d like to borrow (our borrowing calculator can help)
  • Your assets, including estimated values
  • Your liabilities, including credit limits
  • Your gross income
  • The approximate value of any property offered as security
  • Your deposit amount
  • The equity you have in your home.


Choose between Principal and Interest or Interest Only.

Make extra repayments without penalty:

  • Variable rate - unlimited
  • Fixed rate - up to $20,000 per year.

Things you should know

^Redraw is not automatic. You must provide consent to have this function set up and must have at least one repayment ahead, before you can redraw any funds so that you will not fall into arrears. For example, if a minimum monthly repayment is $2,500 and you have an ahead balance of $10,000, you can only withdraw $7,500 if this function is set up.

#Repayments can be determined after a conversation with a lender/broker/expert around what the loan purpose is and if you meet the criteria for income/affordability, like any other loan application. 

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Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.
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