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Media releases

Westpac drops three-year fixed mortgage rate by 20bps to 6.79%


9 August 2011

Westpac has dropped the three-year fixed rate on its award-winning Premier Advantage Package by 20 basis points to 6.79%.

This means that Westpac customers not only get a market leading rate but also enjoy the certainty of a fixed repayment amount for three years.

In addition, the Premier Advantage Package means customers also enjoy the benefits of a fully-featured home loan, including free loan increases, switching and portability, a range of annual fee-free credit cards, no account keeping fees on savings accounts and discounts on other products including our market leading Home and Contents Insurance.

Protecting your home is just as important as paying it off. Westpac is also the only major to offer automatic flood insurance which covers all types of floods at all levels of cover. Covered means covered - our customers with Westpac Home and Contents insurance who were affected by floods in NSW, Queensland and Victoria this year have all had their claims paid.