St. George Bank has promised to beat any advertised home loan interest rate offered by the four major banks - including its owner, Westpac - starting this week.
The offer is available until December 21, with a $1,000 rebate also available for new customers.
St. George general manager, retail banking, Andy Fell, says the temporary deal is good news for new homebuyers.
“The offer we’re launching this week is further proof of our commitment to helping Australians fulfil their dream of home ownership.”
In order to take advantage of the offer, which includes rates advertised in print, radio or online, customers must provide a copy of the relevant bank’s advertisement showing the interest rate being offered.
“I encourage people to look around, find the cheapest rate advertised by one of the four major banks then contact us, so we can offer them an even better rate.”
This offer is only available to new customers, or those who have a current Approval in Principal and supply St.George with a Contract of Sale during the campaign period.