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Suncorp Bank Launches New Home Package Plus Special Offers

27 May 2015

Suncorp Bank has further strengthened the value proposition of its award winning Home Package Plus, announcing two new special offers available for a limited time on the standard variable and three year fixed Home Package Plus products.

Both Home Package Plus special offers are competitively priced at 4.15% p.a. (comparison rate of 4.16% p.a.) and provide great value and choice for new customers looking for a variable or three year fixed alternative on new loans of at least $150,000 (maximum LVR of 80%) with principal and interest repayments.

Suncorp Bank CEO, John Nesbitt, said the offer gives customers the flexibility to select a competitive rate that suits their individual circumstances.

“Interest rates are now at a generational low, making it a good time for those looking to upgrade their current home, or assess their home loan options,” Mr Nesbitt said.

“As Australia’s leading regional bank, we are committed to being the genuine alternative and helping our customers achieve their financial goals now and into the future. Our prudent serviceability measures and loan to value criteria reinforces this commitment.”

The Suncorp Bank Home Package Plus product provides customers with flexibility and a wide range of benefits for customers by combining their home loan with other banking products available at a discount.

“Our Home Package Plus product continues to be one of the country’s most awarded home loan packages. Most recently, we were awarded a five-star Canstar rating in recognition of the outstanding value our Home Package Plus offers customers,” Mr Nesbitt said.

“We also continue to offer a waiver of the annual Home Package Plus fee for the life of the loan, saving new customers with lending of $150,000 or more, up to $11,250 (savings based on $375 p.a. over a 30 year loan term).”

Effective Tuesday, 26 May 2015, the new Home Package Plus Special Offers for new retail loans of at least $150,000 are as follows:

Home Package Plus Offers

Repayment Type


Interest Rate

Comparison Rate

Standard Variable

Principal and Interest


4.15% p.a.

4.16% p.a.

3 Year Fixed Rate

For more information and terms and conditions visit: Home Package Plus.

Media Inquiries: Ashleigh Paterson 07 3135 2562 or 0407 925 665

About Suncorp: Suncorp Group includes leading general insurance, banking, life insurance and superannuation brands in Australia and New Zealand. The Group has 14,500 employees and relationships with nine million customers. Suncorp Group Limited is a Top 20 ASX-listed company with $94 billion in assets. Suncorp Bank is Australia’s leading regional bank servicing more than one million personal, SME and agribusiness customers.

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