Refinance & cash back
Refinance and get up to 1.25% cash back
When you refinance your home loan to a new lender, you could receive a cash contribution of up to 1.25% of your loan. We compare lenders, check which offers you're eligible for and handle the switch. Lender criteria, terms and conditions apply.
Cash contribution
How the cash contribution works
Many lenders pay a one-off cash contribution, also called cash back, when you move your home loan to them. It's paid into your account once your refinance settles. How much you get depends on the lender, your equity and how much you borrow.
1.25% on owner-occupied homes
Up to 1.25% of your loan, capped at $25,000, for the home you live in with at least 20% equity.
Any residential property
The 1.25% offer is available for all residential property types and purposes, including investment property with at least 30% equity.
Or 1%, capped at $30,000
Other lenders offer 1%, capped at $30,000. Which works out better depends on how much you borrow, so we compare both.
For example
On a $600,000 loan, 1.25% would be $7,500, paid into your account once your refinance settles.
General information only, not personal advice. All offers are subject to lender approval and credit criteria, and can change or end at any time. Lenders usually ask for a pro-rata share of the cash contribution back if you refinance away or repay the loan within three to four years, depending on the lender. Some specialist products, such as SBS Bank's first home combo loan, aren't eligible.
What we sort
- Check which cash contribution offers you're eligible for
- Compare refinance options across our lender panel
- Review your loan structure and repayments
- Handle the lender paperwork and the switch
Your advisers
Start here
Check if I qualify.
Straight answers
Common questions.
What do I need before getting in contact?
To get in touch and have us start to figure out your situation you don’t need anything. However some things we’re likely to need for an application are: ID, payslips, bank account statements.