Medical professionals are considered low risk borrowers by lenders and are therefore in a unique position to get exclusive offers that are not available to other members of the public.
These offers include:
Medico varies from bank to bank so the type of discount will depend on the bank.
Interns, residents, registrars and staff specialists are all eligible.
You must also be a member of an Australian or New Zealand medical association in order to be eligible.
Medico is not available to some medical professionals such as psychologists, medical research scientists and naturopaths.
However, there may still be a reduced interest rate available to ineligible medical professionals who have a strong employment history and substantial savings.