145 live products
BankSA
Best available rate
5.79%p.a.
Basic Variable Home Loan
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.80%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
BankSA
Best available
From 5.79% p.a.
Line-up
145 live products
VS
BankSA vs HSBC
Compare BankSA and HSBC home loans in March 2026. BankSA offers rates from 5.79% p.a. across 145 products, while HSBC starts at 5.49% p.a. with 112 products. HSBC currently has the lower rate by 0.30%.
VS
112 live products
HSBC
Best available rate
5.49%p.a.
Home Value Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.50%
Offset
Not included
Redraw
Included
Live edge
HSBC is lower on headline home loan rate by 0.30%, which is roughly $125 per month on a $500,000 loan.
0.30% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | BankSA | HSBC |
|---|---|---|
| Interest rate | 5.79% | 5.49% |
| Comparison rate | 5.80% | 5.50% |
| Offset account | No | No |
| Redraw | Yes | Yes |
All BankSA Products
Every tracked home loans option from BankSA.
All HSBC Products
Every tracked home loans option from HSBC.
BankSA's lowest variable rate is 5.79% p.a. (comparison rate 5.80%) while HSBC starts at 5.49% p.a. (comparison rate 5.50%). HSBC is 0.30% lower, which saves approximately $125/month on a $500,000 loan.
Key features: BankSA includes redraw, HSBC includes redraw.
Quick Comparison
| Feature | BankSA | HSBC |
|---|---|---|
| Interest Rate | 5.79% | 5.49% |
| Comparison Rate | 5.80% | 5.50% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
Common Questions
BankSA vs HSBC FAQs
Which bank has a lower home loan rate, BankSA or HSBC?
HSBC currently offers the lower variable rate at 5.49% p.a. compared to 5.79% p.a. Always check the comparison rate for a true cost picture.
Do BankSA and HSBC home loans have offset accounts?
BankSA does not include an offset account. HSBC does not include an offset account.
What is BankSA's lowest home loan rate in 2026?
BankSA's lowest variable rate is 5.79% p.a. (comparison rate 5.80%) on the Basic Variable Home Loan.
What is HSBC's lowest home loan rate in 2026?
HSBC's lowest variable rate is 5.49% p.a. (comparison rate 5.50%) on the Home Value Loan (Variable).