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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