Commonwealth Bank Geared Investments Loan

 General Lending Rates

• Lending Rate Type: Fixed
• Interest Rate: 7.99%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 8.04%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 7.99%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 8.04%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 7.99%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 8.04%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 7.99%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

• Lending Rate Type: Fixed
• Interest Rate: 8.04%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose: Investment

 Product Features

• Other Additional Information: A wide range of shares, ETFs, and managed funds in the Approved Securities List, allowing investors to borrow money to accelerate their wealth creation and diversify their investment portfolio, using existing investments or cash as security.

• Other Additional Information: A Regular Gearing Plan, allowing borrowers to combine the power of gearing with the discipline of regular savings, to help build wealth over the long term.

• Other Additional Information: Flexible interest rate and repayment options, with no minimum balance requirements

• Other Additional Information: A dedicated Geared Investments Loan website giving borrowers and their adviser all the tools to monitor and manage the portfolio's performance, including online loan position, online transfers, loan statements, holdings, lending simulators and case studies

 Product Eligibility

• Min Age - 18. Additional Information: Applicants must be 18 years and over.

• Residency Status - Australian Permanent Residents. Additional Information: Individual and joint individual applicants must be Australian permanent residents.

• Other Additional Information: Applicants can apply as an individual, joint individuals, Australian trust (excluding Self Managed Super Fund and Minor Trust) or Australian registered or incorporated company.

• Other - Advised Clients. Additional Information: Investment loans are for clients that utilise the services of a financial adviser

• Other Additional Information: Able to demonstrate the ability to meet borrowing commitments.

 Bank Fees and Charges

• Account Keeping Fee (Periodic), Amount: 0.00.

• Early Repayment Adjustments (Event), Amount: Not Listed.. Additional Information: Fixed Interest Rate Loans: An early repayment adjustment may be payable after allowing for a refund of any interest paid in advance. The fee is calculated using the criteria in the Geared Investments Terms and Conditions.

• Dishonour Fees (Event), Amount: 30.00. Additional Information: Any direct debit rejection will incur a fee of $30. This fee will be charged to the loan account at the time of the rejection or on termination of the loan facility.

• Personal Property Securities Register (ppsr) Registration Fee (Event), Amount: Not Listed.. Additional Information: Government fee, payable when the Security Interest is registered, or registration is amended

• Trust Investigation Fee (Event), Amount: 200.00. Additional Information: A minimum fee of approximately $200 will apply for Trust Deed Investigation if a Trust is the borrower or security provider to the loan and the Trust's total loan exposure to the Bank will be greater than $500,000. The fee will be charged to the loan, unless there is insufficient collateral, in which case we will debit the nominated bank account.

• Off Market Transfer Fee (Event), Amount: 54.00. Additional Information: A fee of $54.00 per security is applicable when completing an Off Market Transfer.

 Limitations & Restrictions (Constraints)

• Min Limit of 20000.00 Additional Information: Applying for a minimum credit limit of $20,000

• Min Lvr of 0.00 Additional Information: Minimum level of gearing allowed

• Max Lvr of 0.90 Additional Information: Maximum level of gearing allowed

 Document Downloads

  gi-loan-product-disclosure-statement.pdf (92 K)
  gi-loan-application-form.pdf (1 M)