New home loan allows borrowers to earn flight points with major airline

by AB13 Sep 2013

Macquarie Mortgages has announces the introduction of a product allowing borrowers to earn Qantas Points directly through their mortgage.

Borrowers can earn Qantas Points at the time of settlement and each month for the entire duration of the loan period under Macquarie Bank Flyer Home Loans.

They’ll earn 10,000 Qantas Points for every $100,000 drawn down at settlement as an 'introductory gift' (calculated to the nearest point), with an additional 25,000 bonus Qantas Points at both the third and fifth year anniversaries (as long as the outstanding loan balance is at least $150,000), plus 1,000 Qantas Points for each month for the life of the loan (as long as the outstanding loan balance is at least $150,000).

James Casey, head of Macquarie Mortgages product, says the loans are a ‘unique’ offering and an exciting product suite for both brokers and their clients.

“Whether it’s a mortgage for a new home or an investment property, a Macquarie mortgage can help your clients realise both their property goals and travel aspirations,” says Casey.