St.George bank is offering a cash rebate for customer.
Effective 4 August 2015, Owner Occupier new home purchases or refinances will receive a $2,000 cashback. This offer is available to Owner Occupier home loans of $250,000 or more under the Advantage Package only, for a limited time only.
However, refinances of Westpac, St.George, BankSA and Bank of Melbourne home loans are not eligible for the cashback.
Mod: Removed solicitation.
If this helps someone….from our refinancing in the last month…
($350k total lend, ~50% LVR)
Fixed Rate for 3 years was 4.24%
(check the rate for your period as obviously they are only quoting the best one on the ads)
Variable Rate was 4.24%
Equity Rate was 4.39%
$2000 cashback (flat payment not a cost rebate, so you can "make" some money initially in the short term)
0% balance transfer on credit card for 20 months
$395 annual fee
(**First year fee was not waived)
This was also with some haggling + Qld gov't corporate offer + we are fairly "attractive" to banks to poach from other lenders (young married couple, I'm a doctor, wife is a pharmacist)
It ended up not being the best package for us but was in our top 3 after getting all the quotes, and will probably suit quite a few
As always, make sure it suits your situation and you understand everything and you have done adequate research
ING direct professional package is 3.99% with a lot of cash back + using any ATM.
Better deal.
just wonder where you saw the deal. checked ING website and couldn't see anything similar…
If you need more information, please PM me.
Why can't we ask St George Bank for more information? Do you work for them?
I am surprised for negative voting. If OP is associated than he must declare it.
And quote his/her ACL too.
From ING post:
I am a mortgage broker through Smartline (Australian Credit Licence Number 385325)
It's on a separate "document". Australian Credit License needs to be quoted on every advertisement.
lol referred to as a female aaahahaha
Keep in mind that Westpac, St.George, BankSA and Bank of Melbourne have some sort of register that they cant lend to properties on it because they have lent to too many in that street or block. Make sure to check that the property you are interested isnt on that register. I was caught out right at the last minute. The property wasnt on the register. Made an offer was accepted and a week later was on my way to pay the 10% deposit only to be told that the property cannot be lent to any more as that street is now on the register…. Fun times.