Line of Credit Loans

Smart Home Loan

If you have several loans or credit cards, why not consolidate all your debts into one line of credit and reduce interest costs and bank fees?

Loan rate Low, variable interest rate with an additional discount of 0.50% p.a. if your total loan is more than $300,000*. Interest is only payable on the line of credit account balance.
Loan term As short or as long as you like
Loan repaymentsInterest Only
Paid byDirect debit and salary crediting
Additional paymentsYes, any time and free of charge
Monthly fee^ Enjoy the benefit of unlimited transactions and no ongoing monthly fees with ING DIRECT.
Ongoing fees$180 Annual fee
Loan redrawYes
Line of creditAccess to your funds by ATM and EFTPOS with a Visa Credit Card and a cheque book.
BillsPay bills using your Visa Credit Card with BPAY®
Visa Credit Card Your Visa Credit Card is linked to your line of credit account and can be used for day-to-day spending and cash advances from any ATM. Also, thanks to Visa and partners you can now use your card to access special and exclusive offers from Visa Entertainment.
To find out more about the latest offers visit
Visa Entertainment.

*A once only SmartPack fee of $499 applies. For a limited time, ING DIRECT will offer a bonus SmartPack interest rate discount of 0.10% p.a. To be eligible for this promotion the following conditions apply:

  • SmartPack applications must be received from 17 September 2010 until further notice
  • Applications must be for a new loan with new security property
  • The bonus SmartPack interest rate discount does not apply to applications for fixed rate or construction loans
  • Total ING DIRECT residential borrowings must be $300,000 or more
  • SmartPack fee applies

^ATM Fee Rebate - When using an ATM in Australia, we will rebate the ATM Operator fee. We will not rebate currency exchange fees, ATM Operator fees incurred when you use an ATM overseas or fees imposed by merchants for EFTPOS transactions. Please refer to your Home Loan terms and conditions for further information on how ATM Operator fees are charged.

Call a Mortgage Specialist on 1800 100 258 or see your broker. If you know what your current outgoings are, we can give you an idea of the savings you could make over the phone.



I need more info...

SMS 'home loan' to 133 464 and a Mortgage Specialist will call you back. Standard SMS rates apply. Not available on Vodafone or 3 networks.