Current CashBack Offers

Updated by Caroline Pollard

*PLEASE NOTE*

Always double check with the lender for any changes in the following offers before submitting. Check the dates of application and drawdown.

If you know of any changes or additional offers, please email support@mylocalbroker.com.au

ANZ
$3,000 First Home Buyers Bonus Offer

Effective from Thursday, 1st December 2022, ANZ is introducing First Home Buyer Bonus for eligible First Home Buyers by offering $3,000 to be paid after settlement to help with home buying costs.

Eligibility Summary:

  • You are an applicant in respect to the application(s)
  • Applicants must take out new lending of at least $250k.
  • Apply from 1st December 2022 until the offer is withdrawn
  • You drawdown that Eligible ANZ Home Loan(s) within 180 days from applying;
  • You have not previously successfully applied to participate in this Offer, or redeemed an ANZ home loan offer or promotion, or received a rebate or benefit from ANZ within the 12-month period prior to applying for this Offer.
$2,000 Cashback on Refinances

Effective Monday, 26th August 2023, the ANZ Home Loans Switching Cashback offer will now be advertised. In order to simplify this offer, there will be no Switching Cashback offer end date, although the Offer may be amended for withdrawn at any time.

Eligibility Criteria:

  • Apply Date - Saturday, 26th August 2023. Note: The Application Date is per the original submission date upon application creation.. Re-submissions for existing applications do not constitute the application date.
  • Drawdown date: Apply Date + 120 days
  • Minimum loan amount $250,000 or more (New to ANZ lending)
  • Cashback only available for LVR of 80.00% or less.*
  • To ensure your customer receives the cashback payment please ensure you complete the OFI Refinance Payment form and submit via email to ServicingAccountMaintenance@anz.com within 14 days of settlement. An updated form will be available on the Broker Portal

In-flight applications:

  • For applications submitted prior to 10 March 2022, the previous Switching Cashback Discretion applies.
  • For applications submitted on or after 10 March 2022, the new Switching Cashback Discretion applies.

*LVR will be calculated based on bank assessed security value on the application(s). For applications that are cross-collateralised and/or have multiple securities, the LVR will be determined based on the application structure as it has been approved. Existing loans and security positions unrelated to the application(s) will not be considered when determining overall LVR for this offer.

For more Information:

  • Refer to the ANZ Home Loans Switching Cashback Discretion Terms of Use
  • Contact your BDM 

 

BankVic

$4,000 Purchase or Refinance Cashback for current police and emergency service workers

Eligibility criteria

  • Available for applications received by 19th February 2025 onwards and loan must be funded within 180 days of most recent pre-approval issued whilst offer is available
  • Loan must be at least $350k and have a LVR of 80% or less as per BankVic's credit policy.
  • First Home Buyer, defined as an individual purchasing your first owner-occupied property in Australia, you may be exempt from LVR condition at BankVic's discretion
  • For the purpose of the offer, police employees include any police employees including police, protective service officers, police custody officers, employees of any state or territory police force, Australian Federal Police (AFP) employees, and any member of The Police Association of Victoria (TPAV) or the Australian Federal Police Association (AFPA)
  • Excludes internal refinances or rewrites and other loan purposes.
  • Home loan terms and conditions, fees and current charges are available at bankvic.com.au

$3,000 Purchase or Refinance Cashback for new and existing BankVic members

Eligibility criteria

  • Available for applications received by 19th February 2025 onwards and loan must be funded within 180 days of most recent pre-approval issued whilst offer is available
  • New loan must be at least $350k and have a LVR of 80% or less as per BankVic's credit policy.
  • First Home Buyer, defined as an individual purchasing your first owner-occupied property in Australia, you may be exempt from LVR condition at BankVic's discretion.
  • Excludes internal refinances or rewrites and other loan purposes.
  • Home loan terms and conditions, fees and current charges are available at bankvic.com.au

Bank of China
Up to $3,000 Refinance Cashback

Eligibility criteria

  • Available for applications received from 1st April 2025 to 30th June 2025 and settled before 30th September 2025, and exclude Construction Loans.
  • $2,000 if loan amount is equal to or more than $400K and equal or less than $1mil or $3,000 if loan amount is more than $1mil
  • Promotional rates and cashback offer available for loan applications fully assessed on Australian Income with an LVR ≤ 80%.
  • Each customer (including each holder of joint accounts) can only participate once Cashback offer.
  • Cashback applies for external refinanced eligible loans if the borrower sets up a Bank of China account for direct debit of loan repayments
  • The first-year annual fee waiver applies to external refinanced or new purchase eligible loans if the borrower sets up a Bank of China account for direct debit of loan repayments.
  • No special offers for LMI applications.
  • Any changes will be updated accordingly at any time without notice during this promotion period.
$2,000 Purchase Cashback

Eligibility criteria

  • Available for applications received from 1st April 2025 to 30th June 2025 and settled before 30th September 2025, and exclude Construction Loans.
  • Loan amount is equal to or more than $400k
  • Promotional rates and cashback offer available for loan applications fully assessed on Australian Income with an LVR ≤ 80%.
  • Each customer (including each holder of joint accounts) can only participate once Cashback offer.
  • Cashback applies for external refinanced eligible loans if the borrower sets up a Bank of China account for direct debit of loan repayments
  • The first-year annual fee waiver applies to external refinanced or new purchase eligible loans if the borrower sets up a Bank of China account for direct debit of loan repayments.
  • No special offers for LMI applications.
  • Any changes will be updated accordingly at any time without notice during this promotion period.

IMB Bank

Up to $4,000 Refinance Cashback available

  • Apply from 18th October 2024 until offer is withdrawn and settled within 90 days of application
  • LVR up to 80%
  • Cashback payment for the following loan amounts
    • $250,000 - $499,999 for $2,000
    • $500,000 - $749,999 for $3,000
    • ≥ $750,000 for $4,000
    • Excludes refinance of IMB Loans
    For full terms and conditions, please click here

ME Bank
$3,000 Refinance Cashback

Eligibility Criteria:

  • Apply from 15th June 2023 and settle within 120 days of loan application date
  • Minimum new lending of $700k and a LVR of up to 80%
  • Offer is not available where loan proceeds are for the refinance, restructure, switches, or top ups of home loans from ME home loans or from other lenders within BOQ Group.

P&N Bank - WA Only

$1,500 Cashback available for essential services members.

Eligibility Criteria:

  • Must be currently employed within the 'Bond Group for P&N Bank' as listed below
    • WA Police Staff, including auxiliary officer and any WAPOL Employee
    • Nurses, including clinical, registerd and travel.
    • Teachers, including primary, secondary, specialist (e.g., language), TAGE and University lecturers.
    • DFES fire fighters only.
    • Prison Officers only.
  • Home loan applications must not be for refinances of existing P&N and BCU Bank Loans.
  • Minimum loan amount of $250k and LVR of the home loan must be 80% or less.
  • For joint applicants, only one Rebate Payment will be paid.

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