MyState – CASHBACK

July 27, 2021

MYSTATE BANK REFINANCE CASHBACK

Refinance $3,000 cashback

Refinance your home or investment property loan through MyState Bank by 31 March 2023 and receive a bonus of up to $3,000

Eligibility

Up to $3000 Cashback for the refinance of an Owner Occupied or Investment loan. This offer is for applications with a refinance amount over $500,000 and an LVR <=80%. And a $2000 Cashback for the refinance of an Owner Occupied or Investment loan. This offer is for applications with a refinance amount over $250,000 and up to $499,999 and an LVR <=80%.

Conditions

The refinance cash back offer (cash back) is available for refinances from other financial institutions and can be withdrawn at any time.
$2,000 cash back where the refinance amount is between $250,000 and $499,999.
$3,000 cash back where the refinance amount is $500,000 or more.

The refinance amount excludes cash out, top-ups and new loans. The loan to value ratio (LVR) must be equal to or less than 80%.

Eligible loan applications to be submitted between 04/10/2021 and 31/03/2023 (Offer Period) and settled by 30/06/2023. The Offer Period may be adjusted at any time.

Loan applicants must have an open MyState savings or transaction account (Account) prior to loan settlement. The Account must be opened in the same name/s as the loan applicant/s. The cash back will be paid into the Account within 2 weeks following settlement. Terms & conditions, fees & charges apply and are subject to change. Loan applications are subject to MyState’s credit approval criteria. Please seek independent tax advice before acquiring the product.

The offer is only available once per customer / borrowing entity within the Offer Period. If a customer refinances more than one loan, they will only receive the cash back once. Where there is more than one borrower, only one cash back will be paid and all borrowers are considered to have received a cash back. If any of the borrowers have received the cash back in the Offer Period, no further cash backs will be payable on any future refinance where that individual/borrowing entity is a borrower.

The comparison rates are based on a secured loan of $150,000 over a term of 25 years. WARNING: Comparison rates provided are examples only. Your circumstances may involve different amounts and terms, resulting in different comparison rates. Please contact With Cashback for a clearer understanding of your fees and costs.

This information is provided by With Cashback Pty Ltd (ACN 620 888 502) as an Authorised Representative (number 502385) under FreedomLend Pty Ltd (ACN 604 868 957), holder of Australian Credit Licence 498325. It does not take into account your objectives, financial situation, or needs. You should consider whether it is appropriate for you.

Interest rates are subject to change at any time. The applicable interest rate will be the rate on the day of settlement for new loans or the day of processing for variations to existing loans. Lending criteria, fees, and terms and conditions apply.