Home loan incentives ( non-rate incentives )

This page sets out what the non-interest-rate home loan incentives currently are.

This summary was updated as at 5pm, November 4, 2016.

Lender Main incentive Other incentives Conditions
       

 

 

Detail

ASB  

 

Minimum of 20% equity required.

Detail

 

Fly Buys points

depends on the loan balance

 

Minimum of 20% equity required.

Detail

Kiwibank

 

 

Fee tree transaction account

a six year guarantee that mortgage cost will be lower than 'any other bank with nationwide branches'

Detail

 

Westpac

 

 

Minimum of 20% equity, minimum new lending of $100,000, salary credit to a Westpac transaction account plus a Westpac credit card, or a specified Westpac insurance product. Home loan and one bank account remaining with Westpac for a minimum of 2 years

Detail

       
Co-op Bank  

 

 

Only available with new mortgage security where the home loan is less than 80% of the property's value. Not available with other special offers, bridging finance, specialty loans or Welcome Home loans.

Detail

 

HSBC

 

 

Market leading Premier Special interest rates

20% deposit minimum

Salary/wages paid into an HSBC transaction account

SBS Bank

 

'No application fees'

Market leading interest rates

20% deposit minimum

Salary/wages paid into an SBS transaction account

You must get a new 'qualified' product

TSB Bank  

 

Detail

See all banks' carded, or advertised, home loan rates here.