The $3,500 Refinance Cashback offer will be available for eligible refinance applications received between 31 January 2023 to 30 June 2023 and settled by 30 September 2023. Minimum loan amount of $250k and LVR less than or equal to 80%. Eligibility criteria, exclusions and fees apply.

Eligibility Criteria:

  • $3,500 Refinance Cashback1 available for new refinance applications received between 31 January 2023 to 30 June 2023 and settled by 30 September 2023. Offer may be varied or withdrawn at any time.
  • Limit of one $3,500 cashback payment per customer regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.
  • Min Loan amount $250k and loan to value ratio (LVR+) up to 80%. LMI may apply.
  • Offer available on Owner Occupier (Principal & Interest repayments) and Investment Property Loans (Principal & Interest and Interest Only repayments) with either the Premier Advantage Package# ($395 Annual Package Fee) and Flexi First Option Home Loans.
  • The cashback will be paid into a Westpac Choice 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.
  • Premier Advantage Package Conditions of Use and $395 Annual Package Fee applies. Your client must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Before deciding to acquire a Westpac Choice transaction account, read the terms and conditions, and consider if the product is right for your client.

Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.


This offer is not available for:

  • Switches and refinances of home loans within the Westpac Group which include Westpac, St.George, Bank of Melbourne, BankSA and RAMS.
  • Owner Occupier Interest Only loans.
  • Residential lending originated under a trust.
  • Residential lending under a company name.

With Cashback Contribution: