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Virgin Money

Reward Me Variable Rate Investment Loan

Advertised Rate


% p.a


Comparison Rate*


% p.a

Maximum LVR
Real Time Rating™


/ 5
Monthly Repayment


based on $300,000 loan amount for 25 years at 3.44%

Advertised Rate


% p.a


Comparison Rate*


% p.a

Maximum LVR
Real Time Rating™


/ 5
Monthly Repayment


based on $300,000 loan amount for 25 years at 3.44%

Calculate your repayments for this loan

I'd like to borrow


Loan term


Your estimated repayment


based on $300,000 loan amount for 25 years at 3.44%

Virgin Money home loans are available through brokers who can help find the right loan and manage your application at no charge.

Bernard Desmond

156 Reviews

Get expert advice from a home loans specialist.

Bernard Desmond OPPORTUNITY BROKER They say there are two guarantees in life, but Bernard securing your mortgage is now unofficially the third. His confidence comes from 14 years of experience and an unequivocal desire to provide you with the most opportunity from your mortgage. But don’t just take our word for it; Bernard’s strike rate from application to approval is awarded as the best in the industry: Winner 2020 Best Customer Service of the year at the Australian Broking Awards, 2020 Best Customer Service of the year at the Better Business Awards, 2019 Residential Broker of the Year and 2018 Australian broker of the Year. Supportive yet honest, Bernard has your best interest at heart and a blank piece of paper in hand, ready to fill it with plans and possibilities. Bernard sees opportunity getting to understand you and your financial goals better than the rest. He’s personable and tenacious, giving you the ability to take your money further — like that ocean villa in Hawaii.


CRN: 493595

Anshuman Lukka

33 Reviews

Get expert advice from a home loans specialist.

We are an independent accounting and financial consultancy firm focused on developing customised strategies designed to fit the needs of corporate and individual clients. We provide flexibility and expertise to support our clientele in multiple roles as well as providing access to our professional research and services. Our team consists of experienced accountants and advisers supported by a strong back office team to meet your finance needs on timely basis. Working with us, you will explore a range of options and services specifically designed to deliver you a strategic financial plan based solely on your objectives. We continue to work with you over the years to ensure that as your objectives and life-stages change, so does your strategy and your plan.


CRN: 499239

Quick home loan review

For Reward Me Investment Loan (Interest Only) ($750k+, LVR 80%-90%)

These are the benefits of this home loan.

  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Higher than average interest rate
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Reward Me Investment Loan (Interest Only) ($750k+, LVR 80%-90%)



Maximum LVR


Total Repayments

Next LVR

Interest rate type


Borrowing range

Suitable for


Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states


Make repayments

Fortnightly, Monthly, Weekly


Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers


Total estimated upfront fees


Application fee


Valuation fee


Settlement fee


Other upfront fee


Ongoing fee

$10 monthly

Discharge fee


Application method



In branch

  • Cashback $3000 cashback when you refinance.
    For all new refinance applications received between 27 February 2021 and 28 May 2021 (inclusive), and have their loan settled by 27 August 2021. Minimum loan amount $300,000 and up to 80% loan-to-value ratio. You will need to open a Reward Me Home Loan Companion account alongside your loan, where the $3,000 cashback payment will be credited within 60 days of settlement.

Target Market Determination

Visit Virgin Money to view Target Market Determination.

Other Benefits

Velocity Points - at settlement, monthly and every 3 years

Other Restrictions

PAYG only


Virgin Money is available through brokers


What is the minimum amount you can apply for?

The range you can borrow from this loan is $750k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

Virgin Money allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Virgin Money allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $450 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

Virgin Money makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Virgin Money loan is available through a broker. Find a broker to help you with your needs.