Refinance Cashback Offers

Refinance your home loan and you could be eligible for up to $4,000 cashback^.

Up to date as at March 2021

What is a refinance cashback offer?

Cashback deals are a marketing incentive some lenders use to attract new customers looking to refinance their existing loan.  

Is a cashback deal on a home loan better than a low rate?

A short term sweetener like an upfront cash payment can sound very tempting. But your home loan is a long term financial commitment, so it makes good financial sense to crunch the numbers to know which puts you ahead over time - a lower rate or a cash payment.

Some lenders are offering cashbacks - worth up to $4,000** when you refinance. But is that a better deal than a low rate? Your Mortgage Choice broker can crunch the numbers to let you know for sure.

Call your local Mortgage Choice broker today, or fast track your enquiry with our free home loan quote and get started below.

What home loan refinance cashback offers are available?

As of March 2021, the following refinance cashback offers are available from our panel of lenders:
Transparent Lenderlogo Citi 200X200
$4,000 expires 31/03/2021
Transparent Lenderlogo Newcastle Permanent 200X200
$2,000 expires 31/03/2021
Transparent Lenderlogo BOM 200X200
$4,000 expires 31/03/2021
Transparent Lenderlogo Banksa 200X200
$4,000 expires 31/03/2021
Transparent Lenderlogo CBA 200X200
$2,000 expires 31/03/2021

Transparent Lenderlogo CUA 200X200
$2,000 expires 31/03/2021
Transparent Lenderlogo Better Choices 200X200
$2,000 expires 31/03/2021
Transparent Lenderlogo St George 200X200
$4,000 expires 31/03/2021
Transparent Lenderlogo Westpac 200X200
$3,000 expires 31/03/2021
Transparent Lenderlogo ME Bank 200X200
$2,000 expires 09/04/2021

Transparent Lenderlogo ANZ 200X200
$3,000 expires 16/04/2021
Transparent Lenderlogo 86400 200X200
$2,000 expires 30/04/2021
Transparent Lenderlogo Bankwest 200X200
$2,000 expires 30/04/2021
Transparent Lenderlogo HSBC 200X200
$3,288 expires 30/04/2021
Transparent Lenderlogo NAB 200X200
$2,000 expires 30/04/2021

It is important to understand that each lender has its own eligibility requirements when it comes to a refinance cashback offer and that offers are usually only available for a limited time. 

TBA Broker Meeting 400X400

Speak to an expert to see if a cashback offer is right for you.

Why choose Mortgage Choice?

Your Mortgage Choice broker is the go to expert on home loans. They’ll crunch the numbers so you can be sure you’re getting a deal that suits your needs.

They can contact your current lender and try to negotiate a better rate on your behalf. And,  if your current lender won’t budge on your rate, your broker can let you know in just a few minutes if a better deal is available. 

Your Mortgage Choice broker works closely with over 25 lenders and is up to speed on each lender’s rates, fees, special offers, borrowing limits and all the information your broker needs to make an informed recommendation on which loan and lender is right for you.


Is refinancing worth the fuss?

Refinancing refers to the process of paying out your current home loan by taking out a new loan, either with your existing lender or through a different lender.

Here Joel Gibson, Money-saving expert & author of Kill Bills!, explains the process of refinancing and explains how refinancing can help save you on your home loan.

Review your home loan to make sure you're getting the best deal today!

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