Best Refinance Rebate Offers In June 2021

Published by Otto Dargan on June 18, 2021
Lenders offer refinance rebates as an incentive for borrowers to switch with them for their home loan. The competition among lenders to attract refinancers is high, and so they come up with bigger and better offers every chance they get. Some lenders have a minimum loan amount criteria for borrowers to be eligible for a refinance rebate. Others split the refinance cashback into parts with a certain percentage offered as a bonus. Whatever be the amount offered, it comes with certain lender specific terms and conditions. Available in June 2021, here are some of the best refinance rebate offers.

$4,000 refinance rebate

Currently, the best refinance rebate you can get is set at $4,000. Below is a list of some lenders offering $4,000 in refinance rebate. St. George Bank- Application must be submitted by 30 June 2021 and settled by 30 September 2021. RAMS Home Loan- Application must be submitted by 30 June 2021 and settled by 31 August 2021. Bank of Melbourne- Application must be submitted by 30 June 2021 and settled by 30 September 2021. Suncorp- Application must be submitted before 10 July 2021 and settled by 10 November 2021. Note: This refinance rebate is made available to frontline workers only. BankSA- Application must be submitted by 30 June 2021 and settled by 30 September 2021.

$3,288 and $3,000 refinance cashback

Most refinance cashback offers set at $3,000 have already passed their submission dates in 2021. HSBC and P&B Bank are the only lenders whose submission date is yet to come. HSBC’s application submission for a $3,000 refinance rebate was on 30 April 2021, and its settlement is set by 30 June 2021. As for P&B Bank, the offer expires on 30 June 2021. HSBC is also the only lender to provide a $3,288 refinance cashback. The application submission for this is before 31 July 2021, and settlement is set by 30 September 2021.

$2,000 refinance rebate

Below is a list of some lenders offering $2,000 in refinance cashback. Commonwealth Bank- Application must be submitted by 30 June 2021 and settled by 30 September 2021. MyState Bank- Application must be submitted by 30 June 2021 and settled within 90 days. NAB- The offer expires on 31 July 2021. Bankwest- Application must be submitted by 30 June 2021 and settled by 31 August 2021.

Contact Us

Our expert mortgage brokers can help you through your refinancing process right through application to settlement. They can also help find the best refinance rebates based on the terms and conditions that apply to you. Please call us on 1300 889 743 or enquire online today!