★ Exclusive home loan, credit card and insurance offer
Your Corporate Partner exclusive benefits include an extra 0.10% p.a. variable interest rate discount1 on our Standard Variable Rate Home Loan on the Advantage Package#. That could be a saving of around $12k over 30 years on a $500k loan2.
The all-in-one $395 annual package fee also includes:
$0 home loan establishment fee
Optional offset accounts
Optional credit card with no annual fee
Optional Home/Landlord Insurance discount
Other offers
Home Guarantee Scheme
Buy your own home with a low deposit of 2-5% and no Lenders Mortgage Insurance (LMI) on your Bank of Melbourne home loan, if you're eligible for this government-initiated scheme3.
Low home deposit professions
If you're a professional within certain sectors – like medical, accounting, law, executive, sports and entertainment – you could qualify for up to 95% LVR, with no need to pay Lenders Mortgage Insurance4. Eligibility and credit criteria, fees and conditions apply.
Cashback with ShopBack
We've teamed up with ShopBack to offer you Cashback## in your ShopBack account. Just use their app and your Bank of Melbourne debit or credit card to find top deals from over 4,000 brands, including online and in-store shopping, plus gift cards.
How to take advantage of your offers
1. Book an appointment
Let us know which workplace or member group you belong to.
2. We’ll be in touch
We’ll call you back within 1 business day to match you with a dedicated banker.
3. Meet your banker
They can meet on video chat, the phone, at your organisation or even at home.
Find out more
To take advantage of your Corporate Partner offers simply book an appointment.
Get in touch
Fill in a few details. We’ll call you back within 1 business day to match you with the right expert.
The Detail
Conditions, credit criteria, fees and charges apply. Based on Bank of Melbourne’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions.
Loan Accounts – Charges for specific services and accounts (PDF 33KB)
This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.
Program eligibility: If you didn’t receive the link to this Corporate Partners Program site directly from your organisation, you may be ineligible to receive Program benefits. To check, ask your employer, community group or government organisation if they’re a Bank of Melbourne Corporate Partner e.g. contact your group coordinator, HR or department head. If you still have questions, fill in a few details and one of our team will aim to get back to you within one business day.
#Advantage Package: Terms & Conditions (PDF 179KB) apply. A $395 annual package fee applies and is payable from an eligible Bank of Melbourne transaction account. Before deciding to acquire a Bank of Melbourne transaction account, read the terms & conditions, and consider if the product is right for you.
1Eligibility, credit criteria, fees and conditions apply. Exclusive offer for eligible Corporate Partner members or employees only. Offer includes additional 0.10% p.a. interest rate discount on new packaged Variable Rate home loan. This offer may be varied or withdrawn at any time. Eligibility of the primary applicant must be confirmed at the start of the application. Offer available on Owner Occupier (Principal & Interest), Owner Occupier (Interest Only), Investment Property (Principal & Interest) and Investment Property (Interest Only) home loans. Minimum loan size of $150,000. Offer not available for loans originated through a mortgage broker, introducer, paid referrer (Mortgage Alliance) and residential lending originated under family or company trusts.
2This is an estimate of potential savings; actual savings may differ depending on your situation. Estimated savings amount calculated on a $500,000 home loan on 7.44% p.a. compared to 7.34% p.a. over a 30-year loan term. Advantage Package Conditions of Use $395 annual package fee applies.
3Home Guarantee Scheme eligibility criteria apply. Conditions, credit criteria, fees and charges apply. Based on Bank of Melbourne credit criteria, residential lending is not available for Non-Australian Resident borrowers. This info has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the info and, if necessary, seek appropriate professional advice.
Advantage Package – Terms and Conditions (PDF 179KB)
Once our allocation of loans under the scheme has been exhausted, standard lending approval criteria, including the need for LMI and LDP where appropriate, will apply.
To find out more visit the Home Guarantee Scheme website.
4Medical Professionals lenders mortgage insurance: Credit criteria, fees and charges apply. Terms and conditions available on request. Application subject to credit approval and lending criteria. Lenders mortgage insurance may be waived with a 5-10% deposit for eligible medical professionals. Eligible medical professionals include dentists, general practitioners, hospital employed doctors, medical specialists, optometrists, pharmacists, veterinary practitioners, physiotherapists (minimum income thresholds apply) and chiropractors (minimum income thresholds apply). Applicant must be an Australian citizen, approved permanent visa holder or Temporary 482 TSS Medium-Term (MLTSSL) visa holders.
Industry Professionals lenders mortgage insurance: Credit criteria, fees and charges apply. Terms and conditions available on request. Application subject to credit approval and lending criteria. Lenders mortgage insurance will be waived with a 10% deposit for eligible accountants. Eligible industry professional includes qualified accountant with a current membership from one of the following: Institute of Public Accountants, Chartered Accountants Australian and New Zealand, CPA Australia, Chartered Financial Analyst Institute Australia or Fellowship of the Institute of Actuaries of Australia. Eligible industry professional must provide evidence dated within the last 12 months of Practising Certificate allowing them to practice as a lawyer, solicitor or barrister in the Australian State or Territory that they currently practice in. Applicant must have a minimum gross taxable income of $120,000 p.a. Applicant must be an Australian citizen or approved permanent visa holder.
##Cashback (including Bank of Melbourne bonus Cashback) is offered by ShopBack and not Bank of Melbourne. Cashback offers are not exclusive to Bank of Melbourne cardholders. Bank of Melbourne bonus Cashback is offered exclusively to Bank of Melbourne cardholders who have access to bonus Cashback on top of any other available Cashback. The ShopBack account is not a Bank of Melbourne account. To earn any Cashback, you must hold and maintain an account with ShopBack. Cashback is paid into your ShopBack account. Eligibility criteria, Cashback redemption, withdrawal conditions and T&Cs apply. See ShopBack for further details.