Qantas Loan Beats Big 4 Banks

Explore Qantas Loyalty's home loan offering 100,000 points yearly, saving more over 5 years than Big 4 banks, slightly higher than the lowest rates.

April 8, 2024

A photo of the author - Simon Rowles
Simon Rowles
Founder, CEO

Qantas Loyalty Home Loan Comparison

Qantas Loyalty offers a unique home loan option that provides 100,000 Qantas points annually. When evaluated over a 5-year period on a $1 million home loan, this option results in total repayments ranging from $233,755 to $238,592. This positions it as more cost-effective compared to a typical Big 4 bank loan, which could cost up to $250,623 in the same scenario.

However, when compared to an ultra-low variable loan, which amounts to $229,854 in repayments, the Qantas Loyalty home loan is slightly less cost-effective.