The new products offered by Qantas Money are available for both new purchases and refinances, with the loans backed by the seventh largest bank in Australia Bendigo and Adelaide Bank.

New customers are required to become a member of Qantas Frequent Flyer program in order to apply for a Qantas Money Home Loan.

As a sweetener, Qantas Money will provide new customers with 100,000 Qantas Frequent Flyer points upon loan settlement with an additional 100,000 Frequent Flyer points every year up to 30 years. 

Qantas Money notes the additional yearly 100,000 Frequent Flyer points accrues three months after the settlement anniversary of the customers Qantas Money Home Loan. 

At current, Qantas Money Home Loans offers a variable home loan rate of 4.67% p.a. (4.73% p.a. comparison rate*) for owner occupiers and 5.02% p.a. (5.08% p.a. comparison rate*) for investors. 

Qantas Money Home Loan features

Offset accounts

Qantas Money Home Loans offer 100% offset accounts across all variable and fixed rate home loans for $10 per month.

These offset accounts include a Visa Debit card, a BPAY facility to make bill payments as well as deposit and debit functions similar to a normal bank account. 

Qantas Money notes if customers decide to add an offset account after the home loan comes into effect, this feature can be added for a fee of $150. 

If customers elect to remove an offset account from an existing Qantas Money Home Loan, the same $150 fee is incurred.

Additional repayments

Qantas Money Home Loan customers are eligible to make additional repayments on both variable and fixed rate home loans.

For fixed rate home loans, this amount is capped up to $20,000 per year. 

Redraw facility

Qantas Home Loan customers are eligible for a redraw facility, meaning customers can access all additional repayments made in case of emergencies. 

Online banking platform

Qantas Money Home Loans are provided by Bendigo and Adelaide Bank, meaning the online platform utilised by Bendigo and Adelaide Bank is where customers will manage their home loan. 

Qantas Frequent Flyer Points

Eligible customers will receive 100,000 Qantas Frequent Flyer Points upon settlement of their Qantas Money Home Loan, as well as 100,000 points every year for the life of their loan. 

Qantas Money notes a customer may only take out a loan and earn Qantas Frequent Flyer Points for a maximum of one owner occupied property and five investment properties at a time. 

Qantas Money Home Loan eligibility

To apply for a Qantas Money Home Loan, customers are required to meet the following eligibility requirements:

  • Become a Qantas Frequent Flyer Member. If the loan is shared among two people, both will need to be Qantas Frequent Flyer members.
  • Buy or refinance an established property (not off the plan or construction).
  • Loans must be between $300,000 and $3,000,000.
  • If applying alone, you must be currently employed - either through PAYG or self-employment. 
  • Provide at least one form of government identification such as a passport, driver licence or Medicare card. 
  • Be an Australian citizen or permanent resident and live in Australia. 

Qantas Money details for loans under $2,000,000, a minimum deposit of 10% is required, while for loans above $2,000,000, a minimum deposit of 25% is required. 

Qantas Money Home Loan fees

Qantas Money Home Loan customers may be charged a number of fees including:

  • Application fees of $345.
  • Loan processing fees of $150.
  • Settlement service fees of $345.40.
  • Monthly offset fees of $10.
  • Loan variation fees ranging from $150 to $300.
  • Repayment calculation fee of $50.
  • Processing fees $150.
  • Valuation fees and break fees.


Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

Update resultsUpdate
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.04% p.a.
6.06% p.a.
Principal & Interest
Featured Online ExclusiveUp To $4K Cashback
  • Immediate cashback upon settlement
  • $2,000 for loans up to $700,000
  • $4,000 for loans over $700,000
5.99% p.a.
5.90% p.a.
Principal & Interest
Featured Apply In Minutes
  • No application or ongoing fees. Annual rate discount
  • Unlimited redraws & additional repayments. LVR <80%
  • A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
6.14% p.a.
6.16% p.a.
Principal & Interest
Featured Unlimited Redraws
  • No annual fees - None!
  • Get fast pre-approval
  • Unlimited additional repayments free of charge
  • Redraw freely - Access your additional payments when you need them
  • Home loan specialists available today
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

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