Get $4K cashback when you refinance

Switch your home loan to St.George and you could get $4K cashback^

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Why switch your home loan to St.George?

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 $4,000 cashback when you refinance. Terms, conditions, fees and exclusions apply^{^}.

FASTRefi® option

Qualify for FASTRefi, sign your loan documents, and you could access your new loan in days rather than weeks^{^^}.

We make it easy

Our paperless application makes it simple for you to refinance online, in branch or over the phone.

Get 4K cashback when you refinance

$4K

Cashback^ When you Refinance

Apply by 31st October 2022, and settle by 31st January 2023. Owner Occupier (P&I repayments) and Residential Investment loans, with LVR up to 80%. Available on home loans with our Advantage Package ($395 annual package fee) and our Basic Home Loan (no annual fee). $250k min loan. Only one $4K cashback offer available per primary applicant within a 12 month period. Excludes refinances from within Westpac Group.^

Full Terms and Conditions

^{^}How does the refinance cashback offer work: Conditions, credit criteria, fees, charges, eligibility criteria and exclusions apply. Apply between 8th December 2021 to 31st October 2022 and settle by 31st January 2023 for refinance applications. Offer may be varied or withdrawn at any time. Min loan amount $250k and LVR up to 80%. Offer available for Owner Occupier with Principal & Interest repayments and Residential Investment Loans (Principal and Interest & Interest Only repayments). Advantage Package ($395 annual package fee and T&Cs apply) and Basic Home Loans. Limit of one $4,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant. Excludes Owner Occupier Interest Only, residential lending originated under family or company trusts and refinances within Westpac Group (Westpac, St.George, Bank of Melbourne, BankSA and RAMS). The cashback will be paid into a St.George transaction account within 60 days of settlement. This account must be in the same name as the home loan account and linked to the home loan at settlement. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.

FAQs

How does the Refinance Cashback offer work?

$4,000 Refinance Cashback per primary applicant for applications received between 8th December 2021 - 31st October 2022 and settled by 31st January 2023. Limit of one $4,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.

The cashback will be paid into a St.George transaction account within 60 days of settlement. The transaction account must be in the same name as the home loan account and linked to the home loan at the time of settlement. This account must be kept open for 60 days after settlement.

For the $4,000 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 $4,000 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 and full terms and conditions apply)
Limit of one $4,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.
Loan size needs to be at least $250k.
LVR up to 80%
Apply before 31st October 2022 and settle by 31st January 2023.

Are there any exclusions?

Yes there are some. The $4,000 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
Excludes loans with an LVR above 80%
Only one $4K cashback offer per primary applicant within a 12 month period
For joint applications, only one cashback payment will be paid to the primary applicant.
Excludes any loan amount below $250k

When does the 12 month period commence?

What is FASTRefi?

FASTRefi^{^^} is quicker and simpler than the traditional refinancing process - meaning you could access your new St.George home loan in days, rather than weeks.

It's fast. Get your new loan sooner with FASTRefi.
It's easy. We handle the process for you.
It has no extra fees. FASTRefi costs borrowers no more than a standard refinance.
It gives you more certainty. Be confident about when your new loan will be ready.
It's trusted. Thousands of people use FASTRefi each month.

Your guide to FASTRefi (PDF 2MB)

How does FASTRefi work?

Here's a summary of our FASTRefi process:

Step 1 – apply

Apply for your home loan as normal.
Your St.George lender calculates your estimated payout: they'll let you know if you qualify for FASTRefi.

Step 2 – sign your loan documents

Once you’ve returned your signed St.George loan documents and shown evidence of your current balance, relax – your work is done!

Step 3 – we'll open your St.George loan

We'll send the funds electronically to your other lender, paying out your old loan – your St.George loan is ready.
You may be charged an additional settlement agent fee by your old lender (ANZ, CBA, Citibank, NAB and Westpac tend not to charge this fee).

Step 4 – we'll settle your old loan

After settlement, we'll complete the recovery of your title and registration.
Any leftover buffer is refunded to you. Or if there's a shortfall, you'll need to cover it.

Your guide to FASTRefi (PDF 2MB)

Do I qualify for FASTRefi?

FASTRefi is available with most of our residential fixed and variable rate home loans, and investment property loans.

Apply for your refinance online in as little as 20 minutes. Then a St.George lender will call to chat, and let you know if your old loan and new loan are available through our FASTRefi process.

What if my home loan isn’t eligible?

Don’t worry, your St.George home loan’s well worth waiting for – and we’ll do our very best to fast-track settlement using our standard refinance process. Switching to our fixed home loan? Our rate-lock option lets you lock in your rate at the time your loan is approved.

How much could you save?

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 application online

Learn how much you could borrow.

It should only take around 20 minutes to apply.

A home loan expert will call you once you have submitted your application to talk through next steps.

Get started Get started

Already started an online application with us? Retrieve your application.

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

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.

Interest rates

Calculators

Pay your loan off sooner

Request a call back

A St.George home loan expert will call you back.

Find a lender

Find your nearest branch or mobile 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 345KB)

Loan Accounts - Charges for specific services and accounts (PDF 70KB)

St.George Advantage Package - Terms and Conditions (PDF 144KB)

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.

This calculation is not an offer of credit but an estimate only. Your borrowing power amount may be different when you complete a full application and we capture all details relevant to our lending criteria. Our lending criteria and basis upon which we assess what you can afford may change at any time without notice. Before acting on this calculation you should seek professional advice.

Loans subject to credit criteria. Where the loan to valuation ratio is 80% or above, lender’s mortgage insurance will be required for a fee. Other fees, charges and purchase costs apply. Terms and Conditions available upon application. (Additional funds required for transaction and establishment costs).

The calculator does not take into account any future refinancing options which may be available. The calculator does not take into account any applicable bank fees. For details on fees and charges, please go to stgeorge.com.au.

The output or result of these calculators:

is subject to the assumptions which are subject to change;
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;
does not represent either a quote or pre-qualification for a loan;
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:

are current, as indicated on our home loan interest rate pages
are St.George's standard interest rates and include any package or promotional discounts; and
are subject to change.
LVR above 60% up to 80%

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.

^{^^^}Basic Home Loan Promotional Rates:

Basic Home Loan Promotional Principal and Interest Rate: This offer is only available for new Owner Occupier Basic Home Loan applications with Principal and Interest repayments received from 20/07/2022. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

Residential Investment Basic Principal and Interest Promotional Rate: This offer is only available for new Residential Investment Basic Home Loan applications with Principal and Interest repayments received from 20/07/2022. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

Basic Home Loan Promotional Interest Only Rate: This offer is only available for new Owner Occupier Basic Home Loan applications with Interest Only repayments 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 the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

Residential Investment Basic Interest Only Promotional Rate: This offer is only available for new Residential Investment Basic Home Loan applications with Interest Only repayments received from 20/07/2022. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

^{^^}FASTRefi: Only available: on eligible new St.George home loans; on eligible home loans with your current lender; if your other lender is on the FASTRefi process list of eligible financial institutions. Your other lender may charge you an additional settlement agent fee, as well as fixed rate home loan break costs. Loan suitability for the FASTRefi product is determined by St.George in conjunction with the insurance product guidelines. FASTRefi is provided by First American Title Insurance Company of Australia Pty Limited ABN 64 075 279 908 Australian Financial Services Licence 263876, trading as First Title, an Australian general insurance company authorised by the Australian Prudential Regulation Authority. Conditions, fees and charges apply. Lending criteria apply to approval of credit products. This info doesn’t take your personal objectives, circumstances or needs into account, so please consider FASTRefi’s appropriateness and read the disclosure documents for your selected loan, including the Terms and Conditions, before deciding.

^*Advantage Package Terms & Conditions (PDF 144KB) apply. A $395 annual package fee applies and is payable from a St.George Complete Freedom transaction account. Before deciding to open a St.George Complete Freedom account, read the Terms & Conditions, and consider if the account’s right for you.

⁺⁺⁺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 Bank’s 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.

⁺⁺Potential savings: gives an indication of the amount you could save on new repayments if you switched to the St.George home loan example, with calculations based on monthly repayments, in respect to the original amount, annual interest rate and term you entered. Potential savings over the life of your loan are based on the difference between estimated total interest on your current home loan and the St.George home loan. Loan term reduction amount is based on the time you could save by paying off the St.George home loan if you increased your repayments. Extra interest you could save calculation is based on increasing your repayments on the St.George home loan.