19 Dec 2019 BANK LOYALTY
Your bank relies on you sticking with them, because it costs them less and you pay them more.
According to the ACCC, established Big Bank Home Loan customers are paying 0.32% p.a. (on average) more than new customers. That’s a ‘loyalty tax’ of more than $1000 a year on a $500k loan.
That’s why you shouldn’t just set it and forget it.
Let us guide you toward financial freedom with a financial health check.
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