Effective Friday 22 January 2021, BankSA is extending their home loan refinance cashback offers for eligible applications submitted by Wednesday 31 March 2021 and settled by Wednesday 30 June 2021, so speak to a Time2Refinance broker now:
- The $2,000 Refinance Cashback2 offer for Basic Home Loans and loans with the Advantage Package1.
- The Bonus $2,000 Refinance Cashback2 for initial applications, on loans with a maximum LVR of 80%.
- $2,000 Refinance Cashback for new Owner Occupier and Residential Investment refinance applications received from Wednesday 1 April 2020 to Wednesday 31 March 2021 and settled by Wednesday 30 June 2021.
- Only 1 Refinance Cashback per property refinance will be paid regardless of the number of loans involved.
- Bonus $2,000 Refinance Cashback with a maximum LVR 80% for new Owner Occupier and Residential Investment refinance applications received from Friday 18 September 2020 to Wednesday 31 March 2021 and settled by Wednesday 30 June 2021.
- Only 1 Bonus Cashback will be paid for the initial application regardless of the numbers of customers, properties or applications involved.
- Available for Owner Occupier Loans (Principal & Interest repayments only) and all Residential Investment Loans.
- Available for Basic home loans and home loans under the Advantage Package1. $395 annual package fee applies.
- Minimum loan size of $200,000.
- Applicants must have a BankSA transaction account linked to the home loan at the time of settlement. The transaction account must be kept open for at least 60 days after settlement for the cashback to be paid into.
- Applicants’ home loan repayments must be direct debited from this BankSA transaction account.
This offer is not available for:
- Switches and refinances of home loans within the Westpac Group which include St.George, Westpac, Bank of Melbourne, BankSA and RAMS.
- Owner Occupier Interest Only loans.
- Portfolio Loans.
- Residential lending originated under a trust.
- Residential lending under a company name.
The Bonus $2,000 Refinance Cashback2 for loans with a maximum LVR of 80% will be paid on the first application only to eligible customers on top of the current $2,000 Refinance Cashback2.
Please note, the standard eligibility criteria and exclusions apply for the $2,000 Refinance Cashback.