Bankwest $2000 Refinance Cashback + Extra $1500-$9000 Mortgage Broker Cashback (Min $250,000 Loan Size) @ Bankwest

Dear OzBargainers,

Hope this post finds everyone well.

Bankwest has extended its REFINANCE rebate offer for eligible applicants. An application needs to be submitted by 30 June 2023, with loan disbursement by 31st August.
For Refinances up to 90% LVR, Bankwest is offering a cashback amount. Please see the breakdown below:
• $2,000 cashback for a new refinanced home loan of $250,000, LVR ≤90%.

• The Bankwest cashback will be paid to you within 2 months from the settlement date.
• Lending must be new to Bankwest (refinances of existing Bankwest and CommBank loans are excluded from this offer)

Please see below for Bankwest's current variable rates Loan:
Owner Occupied:
• P&I Variable 60% LVR - 5.44% (Comp Rate: 5.46%)
• P&I Variable 70% LVR - 5.49% (Comp Rate: 5.51%)
• P&I Variable 90% LVR - 5.79% (Comp Rate: 5.81%)
Investment:
• P&I Variable 60% LVR - 5.69% (Comp Rate: 5.71%)
• P&I Variable 70% LVR - 5.74% (Comp Rate: 5.76%)
• P&I Variable 90% LVR - 6.24% (Comp Rate: 6.26%)

We would like to inform you about the fees that may apply:
• Upfront fee - $250
• Annual fee - $395 (applies only to offset accounts)
• Discharge fee - $338

We offer several other products, here are some examples:
• ANZ - 5.54% variable rate for Owner Occupied: Up to $4,000 cashback from the bank + 0.6% of balance cash rebate from us
• Bank of Melbourne - 5.24% variable rate for Owner Occupied: Up to $4,000 cashback from the bank + 0.6% of balance cash rebate from us
• Suncorp - 5.28% variable rate for Owner Occupied: Up to $4,000 cashback from the bank + 0.6% of balance cash rebate from us
• Westpac - 5.24% variable rate for Owner Occupied: Up to $3,500 cashback from the bank + 0.6% of balance cash rebate from us

If you need an estimate of the applicable rates, please don't hesitate to call or email us with the following information:
• Owner Occupied / Investment;
• Principal & Interest / Interest Only;
• Loan Amount;
• Property Value;

In addition to the Bankwest cashback, With Cashback, as your mortgage broker, offer extra cashback to our customers (withcashback.com.au). The cashback amount from us will be 0.60% of the loan balance. Here are some examples:
• $3,000 cashback for a home loan of $500,000
• $6,000 cashback for a home loan of $1,000,000

Our cashback will be paid to you at the following intervals from the settlement date:
• After Year 1: First 50% of the cashback to your nominated bank account.
• After Year 2: Remaining 50% of the cashback to your nominated bank account.

To summarize, if you are refinancing a $1 million loan, you will receive: $2,000 (from Bankwest) + $6,000 (from With Cashback) = $8,000 in total.

Feel free to contact us at:
Phone: 1300 685 008
Email: [email protected]
Website: www.withcashback.com.au
With Cashback Pty Ltd ACN 620 888 502 is registered with the Australian Securities and Investment Commission as an Authorized Representative number 502385 under FreedomLend Pty Ltd ACN 604 868 957, Australian Credit License 498325.