Line of Credit home loan
Allows you to turn the equity in your property into a ready source of funds. You can use these funds for any purpose and any principal you repay is available to be redrawn. You can access the funds through cheque, PC branch, Rapid Response telephone banking, pc.easynet online banking, PC Visa debit card, direct debit, regular payment, or direct credit. A Line of Credit home loan is secured by a registered mortgage over your residential property.
Features and Benefits
 Competitive variable interest rate
Account linked to your PC Visa debit card. Withdraw cash or make purchases directly from your line of credit – pressing the ‘Cheque’ button
24/7 access to your funds via pc.easynet online banking or Rapid Response telephone banking
PC cheque book facility available
Unlimited free transactions via pc.easynet online banking, Rapid Response telephone banking, BPAY, direct debit/credits and PC branches.
Optional PC Visa credit card available. Set up your line of credit loan to automatically pay your minimum PC Visa credit card repayment or closing balance by the due date.
Limited free transactions per month including 10 ATM withdrawals, 15 EFTPoS transactions and 10 cheques withdrawals. For more information on limited transaction charges for additional transactions click here
Interest payments deducted from your nominated PC savings account
Ability to make unlimited additional deposits
Free no-obligation quotes pay by the month insurance (with option of 90 days free building insurance cover during settlement period)
Optional loan protection insurance available
Call Home Loan Centre on 13 63 73 & press 4 then 1
| Unlimited free transactions |
| pc.easynet (online banking) |
Free |
| Rapid Response (telephone banking) |
Free |
| Withdrawals at a PC branch |
Free |
| BPAY & BPAY View (bill payment facility) |
Free |
| Purchases on your PC Access Visa card when you sign or purchase via the phone or Internet |
Free |
| Direct debits |
Free |
| Direct credits |
Free |
| Deposits at a PC branch |
Free |
| External transfers via pc.easynet & Rapid Response |
Free |
| Limited free transactions |
Fee for each
additional transaction |
| 10 Westpac, St George, BankSA or Indue WTC ATM (within Australia) |
$1.80 |
| 20 EFTPoS cash/purchases - press ‘Savings |
$0.40 |
| 4 Visa over the counter cash advance (includes overseas ATMs) |
$4.00 |
| 10 cheque withdrawals |
$1.00 |
Please note: Limited transaction fees apply to account holders over 18. Transaction fees will be charged on a monthly basis and will be debited to the account transacted upon. If you press ‘Savings’ funds will be drawn from your Multipack S1 type savings account.
Simple tips to ensure your banking remains fee free with your Line of Credit
When paying for goods and services – pressing the ‘Cheque’ button
Use BPAY to pay bills where possible.
Set up regular payments or funds transfers for bills where possible via pc.easynet.
Combine your transactions, pay for goods and withdraw cash simultaneously – press ‘Cheque’.
Avoid making small sum withdrawals too frequently through EFTPoS and ATMs.
Use pc.easynet online banking or Rapid Response telephone banking to check your account balances (don’t press the account balance option at ATMs).
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