Waived annual package fees

Discussion in 'Loans & Mortgage Brokers' started by menty, 6th Apr, 2020.

Join Australia's most dynamic and respected property investment community
Tags:
  1. menty

    menty Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    181
    Location:
    Sydney
    Has anyone been able to have their annual package fees waived due to hardship??
     
  2. Propertunity

    Propertunity Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    3,476
    Location:
    NSW
    I'm not in financial hardship, but I would not wait on the phone for the hours it takes for a possible $395 refund of annual ANZ (in my case) pkge fees.
     
  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    23,504
    Location:
    Sydney
    I know someone who had it deferred so the package date will change. They gave them 6 months to mirror the loan/s. Wpac.
    Waived?. Doubt it without loss of the package discount and benefits.
     
  4. menty

    menty Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    181
    Location:
    Sydney
    Looks like they will only alllow a deferral at the moment
     
  5. Jobeki

    Jobeki Well-Known Member

    Joined:
    19th May, 2016
    Posts:
    63
    Location:
    Brisbane
    I used to call nab every year and get it waived as a gesture of goodwill when pointing out I could get a lower rate elsewhere. We got to the point they wouldn’t reduce rate further but would waive the package fee. Definitely worth a call!
     
    JohnPropChat and richerdad like this.

Buy Property Interstate WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia