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Bank Australia open to serve our customers: As an essential service our branches and contact centre remain open to serve our customers with their banking needs during the COVID-19 pandemic. Please use the 'find us' function to view your nearest branch's current operating hours. You can still get in touch with us by phone on 132 888 from 8:00am to 8:00pm, Monday to Friday and 9:00am to 2:00pm Saturday. It may take us longer to answer your call as more customers choose to call rather than come into a branch so thanks in advance for your patience and please take care of yourselves. View details


Not just green, but clean too.

At Bank Australia, we want to help you do more good. Good for yourself and good for the planet. And one of the greatest ways you can reduce your ecological footprint is via your home - and your home loan.

That's why we've introduced the Bank Australia Clean Energy Home Loan.

If you are buying or building a NatHERS rated 7 Star or higher home, or planning sustainable upgrades, you could be eligible for a 0.40% p.a. discount off your interest rate for up to five years2. We’re proud to be working with the Clean Energy Finance Corporation which is financing a portion of this discount. 

Not only that but the interest you pay on Bank Australia home loans does not fund any industries that cause harm like fossil fuels, live animal exports or nuclear weapons.

7 Star+

A discount of 0.40% p.a. for up to five years for homes built after 31 December 20182 that meet a high standard of energy efficiency.

This offer is only available for new Bank Australia home loan applications. Applications to increase/vary/change loan purpose of existing Bank Australia home loans are not considered to be new. 

The property must meet at least one of the below criteria:

NatHERS rating of 7 stars or higher

Evidenced by a Nationwide House Energy Rating Scheme Certificate completed by a NatHERS Accredited Assessor.

View an example of a NatHERS certificate. 

Other ways to qualify:

  • Residential Efficiency Scorecard rating of 7 stars or higher (excluding the impact of installed/installing rooftop solar)
  • Passive House Certification
  • Green Star - Design & As Built score of 8 points or higher on the credit ‘15 Greenhouse Gas Emissions’

Variable interest rate from 2.53% p.a.# | Comparison rate 3.16% p.a.1

View more rates and fees Key fact sheet

Effective 25 November 2020

Property Upgrade

A discount of 0.40% p.a.2 for up to five years for existing homes that have made ambitious green upgrades in the last 12 months.

The property has in the last 12 months:

 (a) achieved a minimum 1 star increase in improvement to the energy efficiency assessment as assessed by the Residential Efficiency Scorecard rating, excluding any increase from the impact of installing a solar photovoltaic system. Such assessment must be undertaken by an accredited assessor; or

(b) had three or more eligible sustainable upgrades made. 

Variable interest rate from 2.53% p.a.# | Comparison rate 3.16% p.a.1

View more rates and fees Key fact sheet

Effective 25 November 2020

High Energy Efficiency

A 0.50% p.a. discount for homes built after 31 December 20182 up to five years to loans that meet the 7 Star+ criteria above, and have three further eligible features.

The property meets the 7 Star+ criteria above, plus three or more eligible items – see Clean Energy Home Loan fact sheet

Variable interest rate from 2.43% p.a.# | Comparison rate 3.12% p.a.1

View more rates and fees Key fact sheet

Effective 25 November 2020

Call 132 888 to apply

No redraw fee*

You can access loan repayments made ahead of your contract monthly repayment amount without any fees.

Fee waived on your everday banking

No monthly account keeping fee on Everyday Access or Mortgage Offset accounts.

No annual fee on our Platinum Rewards Visa Credit Card

We’ll waive the annual fee and offer 0% for 12 months on balance transfers6.

No establishment fee for Personal loans and home loan top-ups

We’ll waive the establishment fee when taking out a personal loan. If you need to top up your loan in the future, we will waive the top up establishment fee too.

10% off general insurance products^

Receive a 10% discount across building, contents and comprehensive motor insurance.

Clean Energy Home Loan repayments calculator

use the calculator below, and enter some details about your loan amount and term to generate a repayments estimate for your Clean Energy Home loan.

Flexible home loans to suit your changing situation

We understand life changes, explore our options for pausing your home loan.

Parental Pause

We offer the option of pausing your home loan repayments to give you some breathing space to prepare or welcome a new family member.

Conditions apply.

Find out more

Eco Pause

We let customers pause their home loan repayments to pay for eco-upgrades like solar, batteries, water tanks and grey water systems.

Conditions apply.

Find out more

Important information

1. Comparison Rate. The Comparison Rate is based on a loan of $150,000 for 25 years. Fees and charges may be applicable. IMPORTANT: The Comparison Rate applies only to the example given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees, early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

2. When you qualify for a Bank Australia Clean Energy Home Loan you will receive an interest rate discount on the relevant Premium Home Loan Package interest rate. Terms and conditions, fees and charges apply. Loans subject to normal lending criteria and approval. Rates apply from 25/11/2020 however are subject to change at any time.

3. The Clean Energy Home Loan discount applies, for variable rate home loans, for 60 months from the date the loan is settled or in the case of fixed rate home loans, for the length of the fixed rate period. At the end of the discount period the loan converts to a Premium Package Home Loan with a discount off the Premium Home Loan Reference Rate.  

We draw your attention to the following (among other terms and conditions):

(i) if more than one property secures the loan, at least 65% of the total combined property value has to meet the applicable energy efficiency criteria as advised by Bank Australia Limited;

(ii) the principal of the loan at the time of assessment by Bank Australia Limited must not exceed AUD $1,500,000; and 

(iii) a portion of the Clean Energy Home Loan discount is provided by the Clean Energy Finance Corporation and the Clean Energy Home Loan discount is limited in availability.

4. Annual package fee of $350 is payable in advance and is non refundable. The fee is debited to the loan balance on funding, and then annually on the anniversary date of funding. Package benefits cease to apply once the loan is repaid in full. Other fees and charges may be payable. Refer to the Loan Fees schedule available from or by calling 132 888 for more details.

5. Repayment Pause. Loans must be established for a full 12 months and a maximum Loan to Value Ratio of 90% (Family-Pause) or 90% (Eco-Pause) applies. Pausing repayments will result in interest continuing to accrue on the loan, potentially increasing the term of your loan. Full conditions available from Bank Australia.

6. Offer only available to new and approved credit card applicants who apply for a Bank Australia Platinum Rewards credit card account.  This offer which be withdrawn or changed at any time without notice. Offer available in respect of balances transferred from non-Bank Australia credit and store card accounts only. Whilst a balance transfer is owed, interest will not be charged on the balance transfer for 12 months from the date we process it. Interest will be applied at the standard interest rate on any other debits on your account including purchase balances. An interest free period will generally not apply in relation to any relevant purchases made whilst a balance transfer is owing, unless the full amount due is paid the applicable due date. After the balance transfer offer expires, the standard interest rate will apply to any unpaid balance. The interest rate is currently 18.24% p.a. as at 25 November 2020 and is subject to change. Terms and conditions, fees and charges apply.

* Redraw is not available during the interest only period of the loan and the amount available for redraw is governed by the terms set out in your Loan Offer.

#Interest rate is current as at date of publication and is subject to change. We may change or withdraw the offer at any time.

^Insurance. This insurance is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708. Bank Australia Limited ABN 21 087 651 607 AFSL 238431 acts as an agent of Allianz and not as your agent. Before making a decision about insurance, please refer to the relevant Product Disclosure Statement available on 132 888 or visit A premium discount of up to 10% applies to Building, Contents and Comprehensive Motor insurance, and/or standalone building insurance, when you sign up for this home loan package. Minimum premiums apply. Any discounts/entitlements only apply to the extent that any minimum premium is reached. If you are eligible for more than one discount, we also apply each of them in a predetermined order to the premium (excluding applicable taxes and government charges) as reduced by any prior applied discounts/ entitlements.


The information provided on this page is general only in nature. You should consider the appropriateness of these products, the information and the relevant terms and conditions with respect to your own particular financial situation and needs. The information provided does not constitute advice and you should ensure that you seek any expert advice you require. You should consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia Limited. Terms and conditions are applicable and fees and charges may apply. You should also read our Financial Services Guide.