Bank of Melbourne is establishing a reputation for providing outstanding value to Victorians with more of our home loans awarded 5-Star ratings by independent agency CANSTAR in the current ratings round than any other Australian bank*.
Ten Bank of Melbourne mortgage products received 5-Star ratings in the current ratings round, a performance that beat all of the majors and could only be equalled by one other Australian bank*.
Bank of Melbourne is demonstrating a consistent performance in the CANSTAR rankings with an increasing number of mortgage products recognised since opening its doors to Victorians in July 2011.
Over the last three rounds of ratings during this period a total of 19 mortgage products have been recognised for providing “outstanding value” with a 5-Star rating.
Bank of Melbourne Chief Executive Scott Tanner welcomed the independent recognition from CANSTAR.
“Bank of Melbourne is not quite two-years-old yet a growing number of our mortgage products are receiving the coveted top rating from CANSTAR,” Mr Tanner said.
“It is fantastic result that Bank of Melbourne has more 5-Star rated home loan products than any other Australian bank in the current ratings round.”
As well as offering relevant and compelling banking products to Victorians Bank of Melbourne is delivering 5-Star service and convenience. In addition to 69 branches across Melbourne and Victoria - many with extended opening hours to fit with the particular needs of a community – Bank of Melbourne provides online and mobile banking services so that customers can bank when it suits them.
CANSTAR’s 5 Star rating has been awarded to the following products in the latest round of ratings:
Advantage Package Discount Variable 1 yr 250K+
Advantage Package Investment Discount Variable 1 yr 250K+
Advantage Package Investment Fixed 1 yr 150K+
Advantage Package Investment Fixed 2 yrs 150K+
Advantage Package Investment Fixed 3 yrs 150K+
Advantage Package Investment Variable 250K+
Advantage Package Portfolio Loan 250K to 1000K
Advantage Package Residential Fixed 2 yrs 150K+
Advantage Package Residential Fixed 3 yrs 150K+
Advantage Package Variable 250K+
Bank of Melbourne’s promise to beat the majors on any advertised equivalent home loan interest rate has also been extended to March 31, 2103.
* Equal to Bank of Queensland