Big Cash-Back Rewards for Switching Banks
Mon Nov 24 2025
Christmas is coming fast, and who wouldn’t love a little extra money in their pocket before the holidays? Right now, several of the banks we work with are offering cash-back rewards of 1.5% of your loan value when you switch your home loan to them.
That means if you’re open to moving your mortgage, this could be the perfect time to act.
How much could you get?
The bigger your loan, the bigger the reward.
- A $500,000 loan could mean $7,500 cash-back.
- An $800,000 loan could deliver a $12,000 bonus.
Who qualifies?
To take advantage of these offers, you’ll need:
- At least 20% equity in your property (not available on low deposit loans).
- To move quickly — these cash-back deals will disappear before Christmas.
What about costs?
Switching banks does involve some costs, such as:
- Legal fees to redocument the loan
- A break fee from your current bank if you’re on a fixed rate
We’ll help you work out whether the cash-back outweighs the costs. For many homeowners, the benefit is well worth it.
Why work with us?
We’re here to make sure our clients get the best possible deal on their home loans. Whether it’s negotiating better interest rates or helping you access limited-time cash-back offers, we’ll guide you through the process step by step.
These cashback offers won’t be around for long.
If you’d like to see whether switching banks could make sense for your situation, get in touch today. We’ll walk you through the numbers and help you decide.
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