The desktop PC, which will be delivered and installed into the customer's home and is valued at AU$1699, is an IBM Aptiva with an AMD 500 MHz processor, 64 MB RAM 10 GB hard drive and internal modem. It is described as Internet ready, although customers must choose and pay for their own Internet service.
According to Michael Guggenheimer, head of AMP Banking Australia, online banking is the most efficient and effective way for customers to bank today.
"Essentially, we want to show customers how easy it is to bank direct and online -- we're giving customers the tools to bank smarter," he said.
The catch? The home loan must be AU$100,000 or more and the customer must also open an AMP credit card or cash management account, and if the loan is paid out within three years, pay AU$1,000 towards the cost of the PC.
Tim Abbott, eCommerce Manager for AMP Banking estimated that the PC home loan offer, which is valid for three months, will see "several thousand new home loans -- and PCs -- installed.
Evan Williams, Consumer Business Manager for IBM's Personal Systems Group in Australia & New Zealand said that it was great that AMP was promoting the use of the Internet for its relationship with its customers. It is understood that IBM provides the core of its e-commerce infrastructure.
