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I was able to negotiate .92% discount with NAB. Loan amount ~500k. First year fee waiver, possibly permanent if i gave them more funding.

Well done. This is exactly how it needs to be played out ;)

Let us know how it goes...as i hear they have become bit more strict now.

I have .9% off now and for last 1 year atleast on loans about the same but grown since the discount but not through broker. CBA has become bit difficult to deal with though in last few months but i can and will switch if a better deal come from another bank.

Dont mean to spoil your party virgo, but just speaking objectively, westpac should be giving atleast 1% discount to break even with other banks as they are that much higher than others...

Yes i am wealth package customer but no broker. Have been with them for 10 years.

According to the experience i have had this is the case in CBA. Even the branch staff gets commission if they cross sell you credit cards, home insurance etc. I think one of them told they get something like A$50 etc. I will have to admit that i have no first hand experience or proof of all...

You should be able to get it for anything over 700K. If less then that the person selling you the loan is earning a fat commission. Remember all the CBA staff are mostly on commission.

Hi All, I get offered .9% discount by CBA but i think NAB is trying to join the party and give me a bit more like 1%. Its definitely time to negotiate hard with the banks....