$4,000 Cashback - When You Refinance Online

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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 with Principal & Interest 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 Jan 2021, and settle by 31 Mar 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 regardless of the numbers of customers, properties or applications involved with a maximum LVR up to 80% at time of approval.^

Full Terms and Conditions

^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 January 2021 and settle by 31 March 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 January 2021 and settle by 31 March 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 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 Offer may be varied or withdrawn at any time.$250k min loan per property refinanced applies for the $2000 refinance cashback and $2000 bonus Refinance Cashback.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. 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.

FAQs

How do these two Refinance Cashback offers work?

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

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

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.

What does ‘refinance’ and ‘Owner Occupier’ mean?

I’m an owner-occupier: can I get $4k cashback?

I’m an Investor: can I get $4K cashback?

How do I know if I’m eligible?

For the $2,000 Cashback offer, you’ll need to meet these conditions:

It’s an Investment home loan on either interest only or principal & interest repayments, or an Owner Occupier home loan with Principal & Interest repayments
It’s either our Basic Home Loan, or a Fixed or Variable Rate home loan under our Advantage Package^*($395 annual package fee applies)
Loan size needs to be at least $250k .
You apply before 31 January 2021 and settle by 31 March 2021.

Plus, for the one-off $2,000 Bonus Cashback offer, you’ll also need to meet these conditions:

It’s an Investment home loan on either interest only or principal & interest repayments, or an Owner Occupier home loan with Principal & Interest repayments
Your loan has an LVR up to 80% at time of formal approval – in other words, you've got at least 20% of your property’s bank valuation as a deposit
You apply before 31 January 2021 and settle by 31 March 2021.

Are there any exclusions?

Yes there are some. The $2,000 Cashback offer:

Excludes Owner Occupier home loans with Interest Only repayments
Excludes Portfolio Loans and residential lending originated under family or company trusts
Excludes home loan switches and internal refinances within the Westpac Group, including St.George, Bank of Melbourne, Westpac, BankSA and RAMS

The $2,000 bonus Cashback offer also:

Excludes Owner Occupier Interest Only loans, residential lending originated under family or company trusts
Excludes loan with an LVR above 80%

How many times can I get the $2k Bonus Cashback offer?

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.

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Start your refinance now

Apply online

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

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 Find out more

Why Refinance?

Finding a way to save money is just one of the many reasons you might be thinking about refinancing – perhaps you want to tap into the equity in your home or consolidate some debt.

Find out more Find out more

Interest rates

Calculators

Pay your loan off sooner

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 284KB)

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 148KB)

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.

^*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 148KB), 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.

²For sale products only

³The 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.

⁴The 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%

⁺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 5 June 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.

COVID-19 Updates

Get $4k cashback when you refinance