The benefits of redraw

Most customers know a little about redraw, but not many understand exactly how it works or how it can benefit them if they have a variable rate home loan. Use this video to guide your conversations, or show it to your customers directly.

Benefits for customers

-Options for owner-occupier and residential investment lending. Your customers can even access variable and fixed loans, or a combination of both.

-Competitive pricing means your customers will get an attractive interest rate on their loan.

-Zero upfront application or valuation fees, which will save your customers money.

-No need for your customers to change their day to day banking or credit card.

-One fee for multiple loan splits giving your customers greater flexibility.

-Free unlimited EFTPOS and ATM transactions through NAB and rediATM networks. *

*For variable rate home loans with redraw available and accessed via the optional Loan Market Go debit card.