REFINANCE REBATE

Loan applications must be submitted by 30 September 2020 and settle by 30 November 2020, a $2,000 refinance rebate will be paid for every property that is refinanced to Westpac.

Eligibility Criteria:

  • For refinance applications received by 30 September 2020 and settled by 30 November 2020.
  • Available for Flexi First Option Loans and loans with the Premier Advantage Package. $395 annual package fee applies.
  • Minimum loan of $250,000 per property refinanced.
  • Excludes internal refinances or switches within the Westpac Group which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS.
  • Offer not available for Owner Occupier Interest Only loans or residential lending originated under family or company trusts.
  • Offer may be varied or withdrawn at any time.

The important detail:

$2,000 Refinance Cashback: For new refinance applications received from 23 September 2019 and 30 September 2020, with loan settled by 30 November 2020. Offer current as at 23 September 2019. Offer may be varied or withdrawn at any time. $250k min loan per property refinanced. Only 1 cashback per property refinance will be paid regardless of the number of loans involved. Excludes switches and refinances of home loans within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Offer not available for Owner Occupier Interest Only loans or residential lending originated under family or company trusts. The cashback will be paid into a Westpac Choice 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. Offer available on the Premier Advantage Package and Flexi First Home Loans for Owner Occupier with Principal and Interest repayments and Investment Loans.

Refinance Rebate FAQs:

With Cashback Contribution: