Find out about Cashback credit, a benefit available for Mortgage Choice Platinum Cardholders.

Make the most of your spending with Cashback

Make every dollar you spend count. With Cashback, you will accrue Mortgage Choice Cashback credit whenever you use your card on eligible purchases[1].

Apply for an additional cardholder, and you will accrue Cashback credit even quicker. Any additional cardholders who use their card on eligible purchases will also accrue Cashback credit onto your account.

How it works

You will accrue 1% Cashback credit[1], which can be applied to your Mortgage Choice Home Loan or back into your Mortgage Choice Platinum Card. That means that with every $100 spent on your card, you will accrue 1 Cashback credit. Your Cashback credit will be automatically credited to your chosen account once your Cashback credit balance reaches 100.

Earn Rewards cap

1% Cashback credit into your choice of Mortgage Choice account[1]. Choose from your:

  • Mortgage Choice Platinum Card
  • Mortgage Choice Home Loan, including
    • Mortgage Choice Basic Home Loan
    • Mortgage Choice Plus Home Loan
$100,000 of eligible spend per annum

Example of monthly spend on a Mortgage Choice Platinum Card:

  Spend Cashback credit amount (1%)
Household bills $800 8.0
Groceries $550 5.5
Petrol $350 3.5
Entertainment $250 2.5
Dining out $200 2.0
Shopping $350 3.5
Total $2,500 25.0


In this example, if you spent $2,500 monthly, 25 Cashback credits will be earned. Once 100 Cashback credits are accrued, it will be automatically credited back into your chosen Mortgage Choice account.

Card Services is a division of Macquarie Bank Limited (ABN 46 008 583 542, Australian Credit Licence 237502) which provides and administers credit and is the issuer of the Mortgage Choice Platinum Card.

[1] Mortgage Choice Cashback credit can be accrued on up to $100,000 of spend annually for Mortgage Choice Platinum Cardholders. Mortgage Choice Cashback is subject to the Mortgage Choice Platinum Card Rewards Program Terms and Conditions. Mortgage Choice Cashback credit is not earned on cash advances, balance transfers or other restricted transactions. Mortgage Choice Cashback credit will be automatically applied to your nominated Mortgage Choice Account once you have accrued 100 Mortgage Choice Cashback credits. Minimum monthly repayments are still required.

MasterCard and the MasterCard Brand Mark are Registered Trademarks of MasterCard International Incorporated.

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