Actually I like Athena because of their Automatic rate match promise. Not like any other lender all existing customer can get / match new customers rate.
Only issue is they don't provide offset account, but if you could do little bit of financial management that is not a big issue (depend on personal situations) and also most of the offset providers charge $10 monthly fee..
that means $120 for year, lets say interest is 3% and if you got $4,000 average in your offset account year-around then saving is $120… so if interest rate is less than 3% (for 2.44% saving is $97.60) means much lesser than $120, also in your savings account got less-than $4,000 average means again it is less than $120.
Please consider this is just a example and depend on personal circumstances. My idea is offset is good, but not so good as we think with extra $120 yearly payment.
From their website description:
The more you pay down your loan, the more we’ll lower your rate. Automatically. It’s an Aussie first!
Pay down your loan sooner with:
ZERO Athena fees
Free Redraw
Automatic rate match
Drop your own rate
seems pretty good for a variable rate at the moment. i fixed lower a few months ago but its possible rates will possibly get below 2% retail the way things are going