Interesting, not a lot in the T&C's. Need to have a Velocity CC and Transaction account as well. Doesn't say either of these need to be new just "used" after the draw down of the loan. I have and use both of these and am just about to look a new house so this could be perfect timing. NAB's rates are pretty competitive. I have to admit I'm getting pretty concerned about the shear volume of Velocity points getting out there! I've gotten 300K in bonuses just from the AMEX PLAT offer over the last 8 or so weeks.
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HAHA! Can't agree more however as a customer of CBA, ANZ, BOQ, WESTPAC it's all pretty much the same thing! Bendigo Bank has been great (most likely because I have access to a senior business banker due to my companies relationship with them) however their rates and fees on Home loans are just too uncompetitive
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