Head of marketing John Dwyer said people taking out a new $250,000 home loan or swapping their existing home loan worth $250,000 to a Greater Getaway’s Home Loan, can, for the first time, take a FREE holiday to Hollywood.

Mr Dwyer said that the special holiday offer was for a limited time. The package includes return airfares for two people to Hollywood plus five night’s accommodation in Los Angeles. People must travel between 1 October and 9 December, 2010 and 1 February and 31 March, 2011.

He said that the Greater offers a free holiday to customers taking out a Greater Getaways Home Loan. Customers earn “Triangle Reward Points” for the money they borrow which can be traded for holidays as well as car hire, shows and events.

“Greater home loan customers not only receive very competitive rates, low fees and great service but they also get a free holiday,” Mr Dwyer said.

“You would never get a benefit like that from a bank,” he said.

Mr Dwyer said people wishing to go to Hollywood for their free holiday need to have their loan advanced by 11 February, 2011 to qualify.

He said that when shopping around for a home loan people should look at rates, fees and charges as well as what other benefits and services their financial institution is offering.

“Greater Getaways Home Loan customers pay no up-front establishment fee*, receive a savings account free of Greater transaction fees, free Internet and phone banking and free redraw facility using the Greater’s Internet Banking.”

“Since the holiday reward was introduced in 2001, the Greater has given away more than $35 million worth of holiday points to its members.”

“We can offer holidays because, as a mutual, our focus is on serving our members and the local community rather than earning large profits for shareholders.”

People wishing to know more should call 131386, visit a branch or click here for more information.

*Minimum Loan Amount $40,000