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Suncorp Bank reveals new variable mortgage offering

One of Australia’s leading challenger banks has today announced a new offering for investors and owner-occupiers.

Suncorp Bank has launched its Better Together special offers for owner-occupiers and investors.

The new offering includes a variable rate of 3.92 per cent on new owner-occupied Back to Basics home loans of at least $150,000 (maximum LVR of 90 per cent) and a rate of 4.19 per cent for new investment borrowings.

Owner-occupiers will also have access to a competitively priced 4.14 per cent on new loans of at least $150,000 (LVR between 90 per cent and 95 per cent).

Suncorp Bank head of intermediaries, Steven Degetto, said the new offers provide brokers and customers with fantastic value heading into the new financial year.

“The Better Together special offers are focused on better meeting the needs of customers and providing access to benefits from across the Suncorp Group,” Mr Degetto said.

“The offers include transactional banking, discounted Home and Contents Insurance as well as savings on fees,” he said.

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“There will be no ongoing account keeping fees on the new home loan and transaction account (an essential requirement of the offers).

“Our commitment to creating value for our customers as well as our simple, easy and convenient approach will strengthen our relationships with our broker partners and customers.”

[Related: Two lenders reduce rates]

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