Hello OzBargainers,
Hope you're all doing well.
There are very few banks offering refinance cashback for $250K loan now, so we thought we would highlight that Bank of Queensland is still offering $2K cashback until 15 August 2024.
This is already taken off the website, but still available if the application is officially submitted by this date with complete supporting documents.
Main criteria:
- $2,000 cashback offer for new refinance application.
- Minimum total new lending of at least $250,000.
- Maximum loan-to-value ratio (LVR) of 80%.
- Application must be received by 15 August 2024.
- Settle within 120 days of the loan application date.
- Not available for refinance, restructure or switches of home loans within BOQ Group, which includes BOQ, BOQ Specialist, ME Bank and Virgin Money (Australia).
- Must not have received a refinance cashback from within the BOQ Group within the 12 months prior to the loan application date.
- The cashback will be paid to the applicant's BOQ transaction account within 30 days of the settlement date.
- Non-personal borrowers (including Trusts and Companies) are not eligible for this offer.
See the latest interest rates here.
Advertised rates start from 6.18% (CR 6.33%). We may be able to get it a bit lower for you.
If your loan balance is at least $500K, we also can give you another $2K cashback on top of BOQ's cashback.
Hope to help you save some money!
Kind regards,
Arman Soetanto
M: 0431 825 128
E: [email protected]
W: www.lendingclinic.com.au
Lending Clinic Pty Ltd (Credit Representative Number 511270) is authorised under Australian Credit Licence Number 384704
WithCashback have the $2,000 BOQ cashback as well as 0.6% of the loan amount as additional cashback (e.g. $3,000 extra cashback for a $500,000 loan).
https://www.withcashback.com.au/2021/02/24/boq-purchase-cash…