REFINANCE CASH BACK
A $2,000 Refinance Cashback for every property refinanced applicable for new Bank of Melbourne refinance applications received by 30 September 2020 and settled by 30 November 2020.
The important detail:
- For new Owner Occupier with Principal & Interest repayments and Investment loans.
- Available on our Basic and Advantage Package home loans, with a $395 annual package fee.
- $250k min loan per property refinanced. Excludes refinances from within Westpac Group. Apply by 30 Sep 2020, and settle by 30 Nov 2020.
- Only 1x $2k cashback per property refinance will be paid regardless of the number of loans involved.
Eligibility Criteria:
Credit criteria, fees and charges apply. Terms and conditions available at Bank of Melbourne. $2000 Refinance Cashback per property for new refinance applications received between 1 April 2020 to 30 September 2020 and settle by 30 November 2020. Offer available for Owner Occupier with Principal and Interest repayment and investment loans. One $1,000 Bonus Refinance Cashback for a new refinance application submitted online and received between 17 July 2020 to 27 August 2020 and settle by 30 September 2020. Offer available for Owner Occupier with Principal and Interest repayments with maximum LVR of 80%. Offer available on the Advantage Package and Basic Home Loans. Offer current as at 17 July 2020. Offer may be varied or withdrawn at any time. $250k min loan per property refinanced applies for the $2000 Refinance Cashback. Only 1 cashback per property refinance will be paid regardless of the number of loans involved. Excludes Portfolio Loans, switches and refinances of home loans within the Westpac Group which include St.George, Westpac, Bank of Melbourne, BankSA and RAMS. Offer not available for Owner Occupier Interest Only loans, Investment Loans or residential lending originated under family or company trusts. Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible Bank of Melbourne transaction account. Applicants home loan repayments must be direct debited from this transaction account. Read the Bank of Melbourne transaction account terms and conditions and consider if the product is right for you. Refer to bankofmelbourne.com.au. The cashback will be paid into a Bank of Melbourne transaction account within 60 days of settlement. The transaction account must be linked to the home loan at the time of settlement and kept open for 60 days after settlement. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
