Home Loans

Get $4k cashback when you refinance

Switch your home loan to St.George and you could get $4k cashback^ with your first refinance application.

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Why refinance your home loan with us?

Look for a better rate
Refinancing your home loan could help you save on interest with a lower variable or fixed interest rate.
Unlock cashback
Eligible customers could get $2,000 for each property you refinance plus a bonus one off $2,000. Terms, conditions, fees and exclusions apply.^
Make it easy for yourself
Our paperless application makes it simple for you to refinance online, in branch or over the phone.
Settle in less than a week
Your home loan refinance could be completed within 5 business days once we receive your documentation.

Get 4K cashback when you refinance

$4k

Cashback^ When you Refinance


For new Owner Occupier (P&I repayments) and Investment loans. Available on our Advantage Package home loans, with a $395 annual package fee and Basic home loans (no annual fee). $250k min loan per property refinanced. Excludes refinances from within Westpac Group. Apply by 31 Mar 2021, and settle by 30 June 2021.  Only 1x $2k cashback per property refinance will be paid regardless of the number of loans involved. Only 1x $2k bonus cashback will be paid for the initial application regardless of the numbers of customers, properties or applications involved with a maximum LVR up to 80% at time of approval.^

 

FAQs

You may be able to get one or both of these offers.

  • $2,000 Refinance Cashback per property for applications received between 1 April 2020 - 31 March 2021 and settled by 30 June 2021. You can refinance any number of properties.
  • One-off $2,000 Bonus Cashback on initial applications for Owner Occupiers and Investors applying between 18 September 2020 – 31 March 2021, and settled by 30 June 2021.

Example of how the two Cashback offers works:
 

Home loan scenario Total cashback for eligible Investors Total cashback for eligible Owner-Occupiers
I’m switching 1 property

You’ll receive $4,000 Cashback

  • $2k Refinance Cashback per property x1
  • + $2k Bonus Cashback x1 max

You’ll receive $4,000 Cashback

  • $2k Refinance Cashback per property x1
  • + $2k Bonus Cashback x1 max
I’m switching 2 properties

You’ll receive $6,000 Cashback

  • $2k Refinance Cashback per property x2
  • + $2k Bonus Cashback x1 max

You’ll receive $6,000 Cashback (your other property is an investment)

  • $2k Refinance Cashback per property x2
  • + $2k Bonus Cashback x1 max

The cashbacks will be paid into a St.George transaction account within 60 days of settlement. This account must be linked to your home loan at the time of settlement, and kept open for 60 days afterwards.

For the $2,000 cashback offer, tax consequences may arise for investors and you should seek independent advice.

Already have a St.George home loan with us?

You can apply to increase your home loan. Note that this is different from a home loan refinance. Apply for a home loan increase.

Start your refinance now

Apply online

Complete our application online and a dedicated lender will call you.

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Got questions?

Our lending experts will give you a call when it suits you best.

What are the costs to refinance?

Refinancing your home loan has the potential to make you some hefty savings, it’s important to weigh up the costs involved.

Find out more

Should you refinance, and if so how?

With low rates and online application forms, Aussies are moving their home loan to greener pastures. Here are some reasons why – and how to switch over in 6 steps.

Switch to an award-winning home loan

We focus on outstanding value and innovation: 2020 Best Lending Innovation RFi Group; 5-Star Home Lender and 5-Star Fixed Home Lender.


Important information

Conditions, fees and credit criteria apply. Before making a decision, it’s best to read the terms and conditions:

Residential Loan Agreement - General Terms and Conditions (PDF 234KB)

Loan Accounts - Charges for specific services and accounts (PDF 183KB)

Portfolio Loan Agreement - General Terms and Conditions (PDF 330KB)

St.George Advantage Package - Terms and Conditions (PDF 162KB)

Please read these documents and keep a copy. You can request a paper copy at a branch. The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 13 33 30.

Fixed rate home loan: The Bank will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences. At the end of the fixed rate period the interest rate will convert to the applicable variable home loan interest rate. 

^How does the refinance cashback offer work: Credit criteria, fees and charges apply. Terms and conditions available at St.George. $2000 Refinance Cashback per property for new refinance applications received between 1 April 2020 to 31 March 2021 and settle by 30 June 2021. Offer available for Owner Occupier with Principal and Interest repayment and investment loans. Offer current as at 1 April 2020. Only 1 cashback per property refinance will be paid regardless of the number of loans involved. One $2,000 Bonus Refinance Cashback for a new refinance application submitted between 18 September 2020 to 31 March 2021 and settle by 30 June 2021. Offer available for Owner Occupier with Principal and Interest repayments and investment loans with maximum LVR of 80%. Offer available on the Advantage Package and Basic Home Loans. Offer current as at 18 September 2020. Only 1 bonus cashback will be paid for the initial application regardless of the numbers of customers, properties or applications involved. Offer may be varied or withdrawn at any time.$250k min loan per property refinanced applies for the $2000 refinance cashback and $2000 bonus Refinance Cashback. Excludes Portfolio Loans, switches and refinances of home loans within the Westpac Group which include St.George, Westpac, Bank of Melbourne, BankSA and RAMS. Offer not available for Owner Occupier Interest Only loans, residential lending originated under family or company trusts.  Advantage Package Terms and Conditions apply (PDF 162KB). A $395 annual package fee applies and is payable from an eligible St.George transaction account. Applicants home loan repayments must be direct debited from this transaction account. Read the St.George transaction account terms and conditions and consider if the product is right for you. Refer to stgeorge.com.au. The cashback will be paid into a St.George transaction account within 60 days of settlement. The transaction account must be linked to the home loan at the time of settlement and kept open for 60 days after settlement. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.

*Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible St.George transaction account. An Advantage Package discount has been included in the advertised eligible rate. The discount and fee savings apply for the duration of the package. Before deciding to acquire a St.George transaction account, read the terms and conditions (PDF 162KB), and consider if the product is right for you.

1 Comparison Rate: The comparison rate is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

+LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the banks valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan. Any applicable LVR discount has been included in the advertised eligible rate.

# Basic Home Loan Promotional Rate: This offer is only available for new Basic Home Loan applications received from 26/10/2020. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within St.George, Bank of Melbourne and BankSA. This offer may be varied or withdrawn at any time. Interest rates subject to change.

The output or result of these calculators:

a. is subject to the assumptions which are subject to change;

b. is prepared without knowing your personal financial circumstances. Before you act on the output of the calculators, please consider if it’s right for you. If you need more information, please call 13 33 30. We recommend that you consult your financial adviser before taking out a loan;

c. does not represent either a quote or pre-qualification for a loan;

d. may not be taken into account if you apply for a loan with us as we will make our own calculations. When assessing ability to service a loan, St.George may use an interest rate that is higher than the current interest rate for the loan requested.

The interest rates used in the calculator:

a. are current, as indicated on our home loan interest rate pages

b. are St.George's standard interest rates and include any package or promotional discounts; and

c. are subject to change.

d. LVR above 60% up to 80%