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Line of Credit
A line of credit account allows you to borrow against the equity in your home up to your approved credit limit, at any time.
Once your line of credit is established, you won’t need to apply for a loan to buy a car, put in a pool or build that home extension. Your pay and any spare cash can be paid into this account.
Key Points
- Minimum loan $5,000
- Minimum top up $5,000
- Maximum term of loan 30 years
- No account keeping fees
- Maximum loan to valuation ratio 90%
For further information call our member service centre
on 8202 7777 or visit your local branch.
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Line of Credit - Rates |
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Notes:
Interest is calculated on a daily basis.
The interest rate is variable.
Line of Credit rate is a reference rate.
Interest is debited on the last day of the month.
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