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What you’ll get with a home loan package

Home loan discounts

1.29% p.a. interest rate discount on Rocket Repay variable loans,  0.20% p.a. discount on Fixed Options loans. No set up or ongoing fees.

Offset or everyday account

Link to your Rocket Repay variable loan to help lower your interest. Comes with debit Mastercard® and no monthly fee.

Optional add-ins 

+ Credit card with no annual card fee.

+ Up to 10%** discount on Home or Landlord Insurance.

One annual package fee 

All-in-one $395 annual package fee, regardless of how many home loans you have with us.

Save big when you bundle

See how much you could save when you bundle your home loan (min. $150k) and your offset or everyday account, for a $395 yearly package fee.

Home loan + everyday account savings

  Package advantages Without package
Interest rate discount on our Rocket Repay variable rate  1.29% p.a. discount No discount
Interest rate discount on our Fixed Options rate  0.20% p.a. discount No discount
Lending Establishment fee  $0 $600
Monthly loan account fee  $0 $8
Offset/Choice account-keeping monthly fee^^ $0 $5

Optional add-ins

Save even more by adding an eligible credit card and your Home/Landlord Insurance to your home loan package, under the $395 annual package fee. T&Cs, exclusions and eligibility criteria apply.


  Package advantages Without package
Add a credit card $0 annual card fee when linked to your package $295 annual card fee on Altitude Black card
Add Home/Landlord Insurance Up to 10% discount for the life of the package** No packaged discount
Popular credit cards you can package Card advantages
Altitude Black card
  • Package saving: $295 annual card fee waived 
  • Our most rewarding card
  • Earn Altitude Rewards (e.g. redeem for card cashback, gift cards and more) or Qantas or Velocity Rewards4
  • Complimentary insurances (up to 6 months’ cover for International Travel Insurance and more3)
Altitude Platinum card
  • Package saving: $175 annual card fee waived
  • Earn Altitude Rewards (e.g. redeem for card cashback, gift cards and more), or Qantas or Velocity Rewards4
  • Complimentary insurances (up to 3 months’ complimentary cover for International Travel Insurance and more3)

You could save around $5k in interest in the first year+

  • 1.29% p.a. Rocket Repay variable home loan package discount.
  • Plus no ongoing fees.
  • Plus savings on a credit card and home/landlord insurance.

All for a $395 annual package fee# on a loan over $150k. Based on a $400k loan.

Help me decide on a loan package

Compare interest rates

Get a snapshot of our fixed or variable interest rates and compare home loan features.

Help me choose a loan

Use our selector tool to find the right home loan package that best fits what you’re looking for.

Negotiate your rate

Wondering how you can get a special deal? Start applying and a lender will call you about our sweet variable rate with offset, tailored just for you.

Ways to package your home loan

Apply online now

Apply in 10-20 mins, or save your application and come back later.

  • You could get conditional approval within 1 business day.
  • Your lender can then package and finalise your loan, through to settlement.

Book an appointment

A dedicated lender will get back in touch with you within 1 business day.

  • They'll answer your questions and guide you through your next steps.
  • Your lender will be able to start the application for you.

Package your current loan

Already got a Westpac home loan? Add a package anytime.

  • Add an offset/Choice account, credit card and Home Insurance to your home loan.
  • A basic variable Flexi First Option can’t be packaged, but you may be able to upgrade to a variable Rocket Repay with optional offset.

Frequently asked questions

Home loans Package available?
Rocket Repay variable with offset (owner occupier and investor)  
Fixed Options loans for (owner occupier and investor)   
Basic Flexi First Option variable rate loan    
Bridging Loan    

Keep exploring

Things you should know

Conditions, credit criteria, fees and charges apply. Residential lending is not available for Non-Australian Resident borrowers.

This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information and if necessary, seek appropriate professional advice. This includes any tax consequences arising from any promotions for investors and customers should seek independent, professional tax advice on any taxation matters before making a decision based on this information.

Key Fact Sheet for Home Loans

#Premier Advantage Package: Conditions of Use and $395 annual package fee applies. You must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Applicants must have a Westpac Choice transaction account linked to the home loan at the time of settlement and must keep this account open for 60 days after settlement. Before deciding to acquire a Westpac Choice account, read the terms and conditions, and consider whether the product is right for you. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
Premier Advantage Package Conditions of Use (PDF 120KB)

+Package Savings: This is an estimate of potential savings; actual savings may differ depending on your situation. Estimated savings amount calculated on a $400,000 home loan receiving 1.29% p.a. discount on a packaged Rocket Repay variable rate home loan compared to an unpackaged Rocket Repay variable rate home loan. Premier Advantage Package Conditions of Use $395 annual package fee applies.

^^Monthly $5 offset Westpac Choice account-keeping fee waivers:

  • The account’s linked to our packaged Rocket Repay Home Loan
  • You deposit at least $2,000 each month
  • You're under 30 years old, or a full-time tertiary student
  • You have an Australian Pensioner Concession Card or Health Care Card
  • You’re new to Australia, or an expatriate customer (for the first 12 months).

**Home and Contents Insurance: Premier Advantage Package customers may be eligible for an ongoing premium discount of up to 10% on their Westpac Home and Landlord Insurance policies. If you are also eligible for a combined or other policy discount, Allianz will apply the Package discount to the already discounted premium. This means the effect will be reduced. If you purchase your policy online, the Package discount will be applied after purchase and Allianz will inform you of your revised premium (this may take up to 3 months). Allianz will then provide a refund for premium paid annually or provide a pro rata refund and reduce your remaining monthly instalments. If you take out a Premier Advantage Package after your policy has been issued, then the Package discount will apply from your next renewal. Discounts do not apply to optional covers for Domestic/Landlord workers’ compensation (if available and selected). Any discounts may be subject to rounding and do not apply to taxes or government charges.

Home and Contents and Landlord Insurance are issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 arranges the initial issue of the insurance under a distribution arrangement with Allianz, but does not guarantee the insurance. This information does not take into account your personal circumstances. Before making a decision, please consider the relevant Product Disclosure Statement. For more information call Westpac on 1300 650 255.

If you take out Home and Contents or Landlord Insurance with Allianz the Bank will receive a commission of up to 12% of the premium (exclusive of GST).

1Break costs on fixed loan prepayments and switching: customers can make total prepayments of up to $30,000 (cumulative) for fixed loans, without costs or fees applying. You may incur a break cost and administration fee if your prepayments exceed this threshold, or if at any time before the end of a fixed rate period you switch to another product, interest rate (fixed or variable) or repayment type.

2Redraw facility: if you have ‘available funds’ (you’ve made extra home loan repayments) and you’ve activated your redraw facility, you’re free to redraw them with no redraw fee. Up to $100k will be available to redraw from your variable loan online or over the phone each day (unlimited in-branch). For fixed loans you can redraw up to your prepayment threshold during your fixed term. Read our Redraw Authority form (PDF 66KB) (PDF 66KB) for full details.

3Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631, trading as Allianz Global Assistance (AGA), under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz), has issued an insurance group policy to Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) which allows eligible persons to claim under it as third party beneficiaries. Access to the benefit of cover under the Credit Card Complimentary Insurance is provided to eligible Westpac cardholders by operation of s48 of the Insurance Contracts Act 1984 (Cth). If an eligible persons wishes to claim any of these benefits, they will be bound by the eligibility criteria, terms, conditions, limits and exclusions contained in the Complimentary Insurance Policy Information booklet (PDF 898KB) (PDF 898KB) which may be amended from time to time. This insurance is underwritten by Allianz. Westpac does not guarantee this insurance. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it.

4Rewards Points: The earning and redemption of Altitude Points, Velocity Points and Qantas Points are subject to the Altitude Terms and Conditions (PDF 141KB) (PDF 117KB). Purchases that are not eligible to earn Rewards Points are set out in the Altitude Terms and Conditions (PDF 141KB) (PDF 117KB). You do not receive points if you have not paid the Minimum Payment Due in full and on time and in other circumstances. Points earnt for PartPay (PDF 96KB) (PDF 96KB) Purchases are based on the full value of the purchase, and not on each installment amount.​ Qantas and Velocity Points earned during a statement cycle are added to your respective Points balance on a monthly basis.

For Altitude Qantas Platinum cards, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. For Altitude Qantas Black cards, earn 0.75 Qantas Points per $1 up to a maximum of $250,000 spent on eligible purchases annually. This annual limit resets in January each year, based on your statement date. Bonus Points earned are not part of your annual cap.