Superbank launches home loan product

Monday 19 July 2004

Superbank launches its home loan product which will reward customers for loyalty by reducing the rate each year.

By The Landlord

Superbank has launched a full range of home loan products and will step up promotion of its SuperAccess EFTPOS and cheque account in addition to its first product, Super Saver.

While it is offering a special launch rate of 7.29 per cent fixed for 21 months, unlike other lenders trying to challenge the supremacy of the major banks, Superbank isn't generally trying to beat the mainstream home lenders on price. But a significant feature of its offer is that it will reward existing customers, chopping 10 basis points off their interest rate for every year the customer stays up to a maximum 60 points.

Read More - Opens in a new window
Commenting is closed

Property News

Price expectations spiral down

Housing confidence has been dealt a hefty blow by the Covid-19 crisis with house price expectations plummeting to new lows.

House Prices

House price drops are short-lived - Alexander

Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.


Industrial holdings leave Provincia in strong position

Tales of strife and problems abound in the commercial property world these days, but the impact of the Covid-19 pandemic has not been as devastating for all commercial players.

Site by PHP Developer