Mortgage Breaker variable rate - Choices, owner occupied
Comparison Rate


Having all your financial products in one place makes sense, in more ways than one. Not only is it more convenient but we will also reward you for your loyalty with a range of benefits including a discounted interest rate on both variable and fixed loans, transaction account benefits, no annual fee on our platinum credit card and additional interest on term deposits(1). After all, when you have all your banking with us, it’s even easier to help you get a little bit in front.

The Teachers’ Life home loan package offers many of the same benefits as our Choices package and is available to registered teachers, employees of an education body and employees of Queensland Teacher’s Union. Talk to a member of our team today to find out more.

Choices package benefits

Interest rate discounts 

Total lending (variable) Discount
$150,000 - $249,999 0.40%pa off the applicable variable rate
$250,000 - $499,999  0.80%pa off the applicable variable rate
$500,000 and over 0.90%pa off the applicable variable rate
Fixed loans $20,000+  0.10%pa off fixed rate

Package features

Feature Details
Everyday transaction banking (1) No account keeping fees and unlimited transactions on a range of account types
Term deposits(1) Increase of 0.15% pa for investments greater than $5,000 for terms of 6 months or longer.
QTMB Platinum Mastercard (2) No annual fee
Home Loan Landing Page

Rates current as at 31/07/2017 and subject to change. Package terms, conditions, fees, charges, normal lending criteria apply. Comparison rate is based on a secured loan amount of $150,000 with monthly repayments over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rate shown is for new lending based on assumed minimum total borrowings of $500,000 under the Choices package for owner occupiers. The comparison rate may change for other amounts or loans for property investment.

1. No account keeping fees and unlimited transactions on a range of account types (non-rebateable fees still apply – refer to the Fees and Charges Schedule of the QT Mutual Bank Terms and Conditions). QT Mutual Bank is the product issuer of the term deposit and the deposit accounts.

You can get the QT Mutual Bank Terms and Conditions for the accounts, access facilities and non cash payment products or term deposit here or any QT Mutual Bank branch.

2. QT Mutual Bank provides customers with credit assistance in relation to the QTMB Platinum MasterCard and also gives assistance to customers in relation to credit limit increase for the Card. QT Mutual Bank assists customers as part of our arrangements with Citigroup Pty Limited. Credit provider is Citigroup Pty Limited ABN 88 004 325 080, Australian credit licence 238098. Terms, conditions, fees, charges and Citigroup’s credit criteria apply.

My husband and I refinanced our mortgages to QTMB about two and a half years ago. The branch staff were very helpful, and sorted out the loan for the house we now live in, and helped us turn our second property into an investment property.

Charlotte and Michael.