Hi guys, My fixed margin loan with ANZ is just about to expire and am thinking of getting a refinance possibly with another institution. I am currently looking at the leverage rate that they are offering for the securities I am holding, and the interest rate. I called ANZ over the phone for a further discount rate, (I am on standard variable less 0.25%, I think around 9.4%) and was not successful. The institutions that I am considering are: Comsec & Bank of Queensland or Colonial (I'll do more research). I've looked at Leveraged but it did not have Navra as its listed securities. I am thinking of asking to borrow around $200-250K(loan limit) and leave a margin of 50K for future margin call. What is the best way to approach the bank and ask for a better discount? I've called Comsec this morning and the reply that I got was first make an application then we will decide whether to give you a discount or not. Is it better that I write a fax with the amount of security that I am holding to the institutions I am interested? Or is the amount that I want to borrow too small?