Therein is 90 % of the problem
Mort means death, gauge means how much : ), I think literally translated "until death of the commitment"
As to how Spun that to Breakfree............................I dunno
ta
rolf
ANZ - Pricing discount WAR!!
- Thread starter Mick C
- Start date
Therein is 90 % of the problem
Mort means death, gauge means how much : ), I think literally translated "until death of the commitment"
As to how Spun that to Breakfree............................I dunno
ta
rolf
My broker told me to make the call directly as branches are only interested in getting new business.
Just an update - ANZ approved my discount adjustment from 0.7% to 1% (met the $ and LVR criteria in the original post). So you don't have to be a new customer but I should add that I was not on Breakfree before so getting me signed up on that probably ticks some sort of KPI for them anyway.
Big thanks to Mick C!
Big thanks to Mick C!
Went into the branch today and requested they increase my discount to 1%. Advised they would!
Will wait until I've seen the paperwork before I pop the champagne cork.
Glad the post was of some help
Alwasy feel good to beat the bank at their own game ( to a point anyway....they will always win lol)
Regards
Michael
Rang the BreakFree team last night and they "can't do anything" as they can only offer the 1% to new customers.
Was also in the branch yesterday (making a deposit for a change!
Thanks to the OP for drawing my attention to this.
A different department looks after pricing. get your broker to earn their keep otherwise just call 132599 and ask for a payout figure. when they ask you why just advise that you are looking to refinance through NAB. If asked the rate just advise 0.90% to 1.00 below ANZ's SVR (7.80%). A bit will depend on what loan amount you are dealing with and what LVR. If over 80% they know you'll be up for LMI again and they will also factor in any DEF payable (if applicable).
Regards
Steve
Went into the branch today and requested they increase my discount to 1%. Advised they would!
<POP>
Checked the loan settings today and we are now on 6.76% for all our lending, which is 1.04% below the advertised standard 7.80% on the website.
<POP>
Checked the loan settings today and we are now on 6.76% for all our lending, which is 1.04% below the advertised standard 7.80% on the website.
Sweet.....
Regards
Michael
<POP>
Checked the loan settings today and we are now on 6.76% for all our lending, which is 1.04% below the advertised standard 7.80% on the website.
How much lending do you have with them?
I only have 0.7% discount on ~ $420k of borrowings. I'll be going into the branch on Monday!
Confirmed with ANZ - 0.9% discount off a loan of $418k. I even managed to get the first year's cost of the BreakFree package waived.
The catch is, I have to convert my existing (old) Home Loan Interest Saver offset account to an ANZ One offset account, which means faffing around with all my scheduled direct debits, rent and salary coming in and rent going out and so on. Big hassle, but worth the saving of ~ $800/year.
I even managed to get the first year's cost of the BreakFree package waived. The catch is, I have to convert my existing (old) Home Loan Interest Saver offset account to an ANZ One offset account, which means faffing around with all my scheduled direct debits, rent and salary coming in and rent going out and so on. Big hassle, but worth the saving of ~ $800/year.
Confirmed with ANZ - 0.9% discount off a loan of $418k.
The catch is, I have to convert my existing (old) Home Loan Interest Saver offset account to an ANZ One offset account, which means faffing around with all my scheduled direct debits, rent and salary coming in and rent going out and so on. Big hassle, but worth the saving of ~ $800/year.
You have to swap offset? I think if you just open an access savings account it can be nominated as your transactional account. This should allow the HLIS to remain open (try at all costs as they are no longer available). I have a similar scenario that should be sorted either today or Monday and will advise.
I don't want a savings account. I just want a single offset account. Basically, they won't give me a discount unless I go BreakFree, and they can't give me breakfree and it's incompatible with HLIS...
Actually, why keep the HLIS around?
Confirmed with ANZ - 0.9% discount off a loan of $418k.
The catch is, I have to convert my existing (old) Home Loan Interest Saver offset account to an ANZ One offset account, which means faffing around with all my scheduled direct debits, rent and salary coming in and rent going out and so on. Big hassle, but worth the saving of ~ $800/year.
Seems an odd request do u need a loan swap ?
if you need a new loan be aware that they will likley want a full app..........
ta
rolf
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