REFINANCE CASHBACK OFFER

Refinance cashback $4,000 for eligible refinance applications received between 8 December 2021 to 28 February 2022 and settle by 30 April 2022 with a maximum LVR of 80% and minimum loan size of $250k

  • The $4,000 Refinance Cashback for loans with a maximum LVR of 80% will be paid on the first application only to eligible customers
  • Min Loan amount $250k
  • Only 1 cashback will be paid regardless of the numbers of customers, properties or applications involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.
  • The cashback will be paid into a Bank of Melbourne transaction account within 60 days of settlement. This account must be in the same name as the home loan account and linked to the home loan at settlement.
  • Offer may be withdrawn or varied at anytime.

Eligibility Criteria:

  • New refinance applications received from 08 December 2021 to 28 February 2022 and settle by 30 April 2022
  • Available for Owner Occupier Loans (Principal & Interest repayments only) and all Residential Investment Loans (Principal & Interest repayments and Interest Only repayments).
  • Maximum LVR of 80%.
  • Available for Basic home loans and home loans under the Advantage Package. $395 annual package fee applies.
  • Minimum loan size of $250,000.

Exclusions:

  • Switches and refinances of home loans within the Westpac Group which include Westpac, St.George, Bank of Melbourne, BankSA and RAMS.
  • Loans with an LVR greater than 80%.
  • Owner Occupier Interest Only loans.
  • Residential lending originated under a trust.
  • Residential lending under a company name.
  • Portfolio Loans.

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