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Get a loyalty bonus deposited into your education fund when you get a home loan with Gateway

We know saving for your child's education can be hard - that's why we've partnered with Australian Scholarships Group (ASG) to help you achieve your savings goals sooner.

When you take out an ASG Pathway Education Fund (PEF) and a new home loan or refinance your existing mortgage to Gateway Credit Union, you will be rewarded with a 0.15% p.a. loyalty bonus paid in to your ASG Pathway account. Calculated on daily loan balances the contribution is paid on a quarterly basis to the holder's Pathway Education Fund.

This means if you start with a loan balance of $350,000 you could receive up to $520 loyalty bonus contribution into your ASG Pathway Education Fund in the first year*.

With a range of award-winning home loan products that are flexible and competitive in price, there is sure to be a Gateway Credit Union home loan to meet your needs. 

Our most popular Home Loan product, the Premium Package, offers low variable and fixed rate options with all the flexibility you need. 

  Variable Rate Comparison Rate
Premium Package <80% 
Loan to Value Ratio
3.85% p.a. 4.16% p.a.

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Do I qualify for the loyalty bonus?

To be eligible for the loyalty bonus, you need to:

  • Be an ASG Pathway Education Fund member
  • Be a Member of Gateway Credit Union
  • Take out an eligible home loan with Gateway Credit Union
     

To find out if you qualify for this offer, or to learn more about becoming an ASG Pathway Education Fund member, call our Contact Centre on 1300 302 474, or request a call back.  

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* The example provided is only for information purposes and does not constitute advice or recommendations. Exclusions apply, see full terms and conditions. 

Terms and Conditions

Rates advertised apply to principal and interest repayment types only. Gateway reserves the right to vary these interest rates at any time. Comparison rates are calculated based on a loan amount of $150,000 over a 25 year term. WARNING: Comparison rates are true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rates. Applications for finance are subject our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.

1 Eligible Home Loan products include: Variable and Fixed Home Loans (standard & packaged), Equitismart line of credit, Construction loan and Land loan. 
2 Must be a member of ASG, and have a PEF account opened by the time of settlement.
3 Must be a member of Gateway Credit Union.
4 The loyalty bonus from any one account may only be paid to any one nominated Pathway Education Fund account (not multiple).
5 Loyalty bonus payment is for up to 10 years only from the original loan contract date.
6 Available for new loans and top ups of $50k or more.
7 Standard Credit assessment criteria applies.
8 Exclusions for loyalty bonus payment:
• Loan is in arrears for more than 30 continuous calendar days
• Any mortgage or other security interest in support of the Borrower’s obligations has become enforceable against the collateral.
9 No broker referred loans will be eligible for the offer.
10 Loyalty bonus payment calculations are net of offset balances.