A bank that benefits you and the RSL community
RSL Money Home Loan Offer
This year Australian Military Bank is excited to launch its new RSL Money Home Loan offer. The exclusive offer features:
- 0.20% off the carded home loan interest rates variable or fixed
- $500 donation to your RSL sub-Branch^
- 0.15% bonus interest on RSL Money Term Deposit rates (sub-Branch and individual)
Defence Home Ownership Assistance Scheme
Australian Military Bank also offers a range of low-cost DHOAS (Defence Home Ownership Assistance Scheme) home loans. DHOAS offers a home loan repayment subsidy to help get eligible members of the Defence community into a new home.
The eligibility criteria for DHOAS have now been expanded, opening the scheme up to even more serving and ex-serving Defence personnel. There is now no deadline to apply for a DHOAS certificate after you leave Defence, meaning veterans who have served on or after 30 June 2008 now have far greater access to the scheme.
The minimum service for the subsidy amounts has also been reduced. The minimum serving period is two years’ permanent service, or four years for a reservist, meaning those with a shorter service period are now also able to benefit from the scheme.
With these changes to DHOAS making higher tier subsidy amounts easier to access, it’s worthwhile assessing if you could be eligible for DHOAS, and what your benefit might be. To check your eligibility visit DHOAS.gov.au or call 1300 434 627.
Working with the Defence community is a vital part of what RSL Money and Australian Military Bank do. Offering more than just straightforward banking, Australian Military Bank also helps its members by strengthening the communities they live in. The bank is committed to its charity partners, dedicated to supporting its members through each stage of their lives both during and after service, and exceptionally proud of its bond with Defence and RSL Australia.
Get in touch
If you’re looking for more information on any of its products or services, Australian Military Bank is happy to help. Visit us at RSLMoney.com.au and AustralianMilitaryBank.com.au to learn more, or make an appointment with one of our knowledgeable mobile bankers.
We launched RSL Money as a joint initiative with RSL Australia in 2014, creating Australia’s only range of banking products that help support the sustained growth of the RSL movement. The partnership provides a range of low-cost, high-value banking products that can make a real difference to the RSL and greater Defence community.
From market-leading term deposit rates exclusively for RSL sub-Branch members to low-rate credit cards and pension accounts designed specifically for those on a government pension, RSL Money is open to all RSL sub-Branch members and their partners.
Australian Military Bank
Australian Military Bank have been helping members make the most of their money since 1959. After 64 years Australian Military Bank knows a thing or two about the unique aspects of life in the armed services, and is dedicated to helping the men and women who protect and serve our country as well as their families and the wider Defence community.
^To be deposited into an eligible RSL Money sub-Branch account.