Frequent Flyer Home Loan

September 30, 2014
Eddie Borg

Purchasing a home is one of the most significant investments you can make, so why not get the most out of it. The Macquarie Flyer Home Loan rewards you with Qantas Points whether buying a new home, refinancing or purchasing an investment property.

Take out a Macquarie Flyer Home Loan and you’ll receive:

· 10,000 Qantas Points for every $100,000 drawn down at settlement as an introductory gift (calculated to the nearest point)
· 1,000 Qantas Points each month for the life of your loan, as long as your outstanding loan balance is at least $150,000 on the last business day of the month, plus
· 25,000 bonus Qantas Points on the third and fifth anniversaries of your loan, calculated from the day of settlement, as long as your outstanding loan balance is at least $150,000 on the last business day of the anniversary month.

Here’s an example of the points you could earn on a $350,000 Macquarie Flyer Home Loan:

Macquarie Bank Offset Flyer Home Loan Package example	Qantas Points earned
$350,000 loan amount	35,000 at settlement
Each month for the life of the loan	1,000 as long as your outstanding loan balance is at least $150,000 on the last business day of the month
Third anniversary	25,000 as long as your outstanding loan balance is at least $150,000 on the last business day of the anniversary month
Fifth anniversary	25,000 as long as your outstanding loan balance is at least $150,000 on the last business day of the anniversary month
Macquarie Visa Platinum Card	Qantas Points earned
$1 eligible spend	one

Case study: you take out a $350,000 Macquarie Bank Flyer Home Loan, maintains a monthly outstanding loan balance of at least $150,000 and spend $55,000 on your Macquarie Visa Platinum Card (opted in to Qantas Frequent Flyer Rewards) over five years.

Qantas Points earned:

• at settlement	35,000
• end of year one	12,000
• end of year two	12,000
• end of year three	12,000 + 25,000 bonus Qantas Points
• end of year four	12,000
• end of year five	12,000 + 25,000 bonus Qantas Points
• credit card points	55,000

Total points accrued at the end of five years=200,000 Qantas Points

IMPORTANT: The case study provided above including all names and details is a fictitious example only and is provided for illustrative purposes to demonstrate the features of the Macquarie Bank Flyer Home Loan. It should not be relied upon for any reason and provides no determination of the potential tax implications of the Macquarie Bank Flyer Home Loan. We recommend you obtain independent financial, legal and taxation advice before making any financial investment decision.”

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