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.^

Image Athena loyal commission mobile
Image Athena loyal commission mobile

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 slogan on a banner held by fist illustration

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.

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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.

Athena acknowledges the traditional owners of the land on which we gather the Gadigal people of the Eora nation. We acknowledge that sovereignty was never ceded and respect their continued and continuing connection to this place.