Get up to $4,000 cashback for your customers when they submit new purchase and refinance applications with Citi Bank.

New purchase and refinance cashback


  • Home loan application must be submitted within the Promotional Period (point 1 above)
  • Lending must be new to Citi (variations or refinances of existing Citi loans are excluded from this offer)
  • Repayment type can be principal and interest; and/or interest only
  • Available on owner occupier and investor loans (excluding Construction loans, Company applicants and Trust applicants)
  • Minimum refinance and or purchase home loan amount $350,000
  • Eligible Citi home loan products: Basic Variable, Standard Variable, Offset Variable and Fixed
  • Applications are subject to credit approval


  • $4,000 cashback offer where the home loan amount is $750,000 or more and $3,000 cashback offer where the amount is less than $750,000, for new purchase and refinance applications submitted from 18 January 2021 to 31 May 2021 and settled by 31 August 2021.
  • Only one cashback offer per eligible home loan capped to one cashback offer per applicant. Where a home loan has more than one applicant and one applicant receives the cashback, all applicants are deemed to have received the cashback offer.
  • Citi reserves the right to verify, validate and disqualify any Eligible Customer if the customer is engaged in any unlawful or other conduct deemed inappropriate by Citi that jeopardizes the fair and proper conduct of the Promotion.
  • Provided these Conditions including Eligibility Requirements are met, Eligible Customers will receive the cashback amount transferred electronically into their new variable loan account or were fully fixed into their nominated direct debit account, for applications settled: by 31 August 2021 payment after 10 September 2021.
  • This offer is not available in conjunction with any other promotion, and Citi reserves the right to vary or withdraw these Conditions at any time.
  • Comparison Rate for fixed rates calculated on a loan amount $150,000 over a term of 25 years based on monthly repayments and reverting to a Mortgage Plus – Standard Variable loan with an LVR less than or equal to 80% on expiry of the fixed term.

With Cashback Contribution: