Your lender is cheating on you
Just about every lender, big and small, locks you into a long-term relationship, then attracts new customers on a lower rate — and you’re stuck paying a penalty for your loyalty. Sound familiar?
That’s Loyalty Penalty. It’s completely unfair and Australians have had enough.
The loyal commission
The Royal Commission was meant to curb the ways of banks and lenders. Athena’s Loyal Commission findings shows the opposite.
We've taken it into our own hands and, in partnership with Core Data, conducted research with 1,000 homeowners to find out exactly how much Aussies are being ripped off and how they feel about it.^
The cost of betrayal
Ouch...that's gotta sting
When they have asked for a drop in their interest rate.
That's no small problem
This year alone Australians are paying over $2 billion in loyalty penalties.¹
Don't be a victim
81% of homeowners feel their lender gives a better deal for new customers.
Shouldn't you be rewarded for loyalty?
Key findings from the Loyal Commission show an overwhelming majority, 82% of over 1000 Aussies felt they were ‘ripped off’ by lenders.
Scrap the loyalty penalty
Sure, you can shop around and try and negotiate a lower rate, but it doesn’t solve the problem. You shouldn’t have to change your loan, lenders need to change their policy.
But, if they don’t, you should change your lender.
Athena is the first lender to reward customers
Our mission is to help Aussies pay down their loan faster, as quickly as possible without penalising customers.
That’s why we’ve created Automatic Rate Match which promises existing customers that they will never give new customers a better rate on a like-for-like loan².
Join Australia's first loyalty penalty free lender
No fees
Athena doesn’t charge home loan fees. No ongoing, application, account or exit fees on our Straight Up and Power Up home loans.
Loyalty is royalty
Athena is the first home loan provider to promise existing customers that they will never give new customers a better rate on a like-for-like loans².
AcceleRATES
Another Aussie first, where you can drop your own rate. The more you pay down your loan, the more we’ll lower your rate. Automatically.
Excludes the Athena Access powered by PepperMoney product
Join thousands of Aussies taking control
of their mortgage
You’ve got nothing to lose but your home loan!
Take 3 mins to see your loan options including rate and repayments.
Loyalty penalty disclaimers
Please take a moment to read our disclaimers, thanks!
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