A Suncorp Bank Margin Loan gives you the potential to grow your investment portfolio faster by lending against your existing cash, shares and managed funds. With additional money to invest, you have the potential to grow your portfolio and reach your financial goals faster.
IMPORTANT: Variable interest rates will decrease by 25bps effective from 21 May 2012.
Suncorp Bank Margin Lending
A Suncorp Bank Margin Loan is a simple and easy to use margin lending facility which has the potential to multiply your portfolio’s returns. We combine great service and flexible interest rate options with a wide range of shares and managed funds accepted as security in an award winnning margin lending product.
Suncorp Bank won the Financial Review Smart Investor Blue Ribbon Awards 2011 Margin Lender of the Year award as well as receiving a Canstar 5 Star Product Rating and Money Magazine’s Cheapest Margin Loan in 2011.
Benefits of a Margin Loan
There are several ways a Margin Loan may benefit your portfolio:
- By using “gearing” (debt) to increase the size of your portfolio, you may magnify the return of your portfolio.1
- You may drawdown on a Margin Loan for business or investment purposes, freeing up capital without the need to sell assets.- Interest paid on an investment loan is usually tax deductible in the year that it is paid in.2
- With access to additional funds, it is possible to invest in a wider range of shares, further diversifying your risk.
If you would like to know more about the risks of margin lending please click here or speak to your financial adviser.
And if you combine your Suncorp Bank Margin Loan with Suncorp’s powerful Share Trade platform, Suncorp Share Trade, you will have the power to buy and sell shares and manage your margin loan all in one convenient platform, offering you a seamless investing experience.
Visit the Suncorp Share Trade website for more information.
We offer our customers competitive interest rates with a range of flexible options suited to our customers requirements. Also, there are no transaction fees or ongoing charges on a Suncorp Bank Margin Loan and there are also no establishment fees for new loans3 or monthly account keeping fees.
For more information, call our account management team on 1800 805 972, Monday to Friday, 8:00am – 6:00pm Sydney time.
Important Information
1. A margin loan may also magnify or accelerate losses.
2. You should seek advice from your tax adviser, accountant and financial adviser in relation to your particular circumstances and the financial and tax implications of the Suncorp Bank margin loan product
3. Trust applications may incur a charge as part of our Trust Vetting Procedure and Company applications may incur fees as part of lodging company charges.
The margin loan referred to on this website is provided by Suncorp-Metway Limited ABN 66 010 831 722 (Suncorp Bank).The information provided is of a general nature and has been prepared without taking into account a particular customer's objectives, financial situation or needs. Before acting on this information a customer should consider its appropriateness relative to the customer's objectives, financial situation and needs.You must read the relevant Product Disclosure Statement for the Suncorp Bank margin loan product before you make any decision regarding this product. You can obtain the Product Disclosure Statement here.The Suncorp Bank margin loan is also subject to standard terms and conditions that can be viewed here.