SMART Packages

What are SMART Packages?

Smart Loans are a way to save you money on interest and fees, and get extra benefits like discounted insurance premiums and bonus savings. SMART Packages are available for Personal Loans, Home Loans and Business Loans that meet a minimum balance.

Buying a SMART package is like purchasing a "chunk" of benefits including reduced interest rates, fee waivers, and discounts. The cost savings of these benefits generally far outweigh the package fee, making it a smart investment that pays off all year.

The annual package fee is not automatically charged. You can choose to purchase it every year, or skip as many years as you wish.

The good news is that there is no extra paperwork or changes to your contract - just a single application form. Easy!

Try the Estimator

Ready to estimate how much you could save? Click on the link for your SMART loan below.

FAQ

What is included in a SMART loan?

Lots! The key benefit is the big interest rate reduction from the standard variable. If you are not sure how much that will save you, try the estimator. Other benefits include a fee-free account, no annual fee Visa card, bonus savings interest, discount general insurances (such as home and contents, motor vehicle, travel, landlord) and cheaper financial planning. 

I already have a loan with BDCU. Can I make it a SMART loan?

Yes! We designed the SMART range just for you. We wanted to give back even more to our members. Try the Estimator to get an indication of how much you could save with a package, then call us during business hours on 1300 367 500.

What if my loan is somewhere else?

That's okay. You can still turn it into a BDCU SMART loan as long as it means the minimum balance criteria. For personal loans that is $10,000 and it is $150,000 for Home Loans and Business Loans.

I am not a member. Is that a problem?

No. You can apply for a SMART loan as long as you live in the Southern Highlands or Southern Tablelands, or have family living here. After the loan is approved, you can open a membership, which just takes a few minutes. It costs $10 and that buys you one share in the credit union, a voting right and all the member benefits.