Loyalty to your bank does NOT pay off

Loyal home loan customers do not get a better deal from the lender. In fact loyal borrowers often get overlooked when lenders announce rate cuts and discounts. Many special deals are targeted at new customers.

Several lenders have recently announced rate cuts and special deals – but not for loyal customers.

AMP Bank, Beyond Bank, Click Home Loans, IMB, Mortgage House and Suncorp Bank now have special offers for new lending only.

Source: bankheadlines.com.au