Until 29 May 2020, eligible GIANTS members can score a 0.3% cashback* on home loans with St.George!
On a $500,000 loan, it’s $1,500 back to you in cash!
Plus, if you’re eligible, an additional $2,000 cashback per property^. Offer available on Basic Home Loan and Advantage Package.
Exclusions, terms, conditions and fees apply.
For applications received by 29 May 2020 and loan settled by 31 July 2020.
Offers exclude Portfolio Loans, Relocation Loans, switches and refinances of home loans within the Westpac Group.
To be eligible for this offer you must be a current GIANTS member.
To take advantage of this offer contact our membership banking team.
1300 362 151
Terms and Conditions
Things you should know: Conditions, fees and charges, apply. Credit criteria apply to approval of loans. *0.30% Cashback: We will pay any eligible member whose new St.George standard home loan is approved a cash benefit of an amount equal to 0.30% of the loan balance (less any amounts in any offset account linked to the loan) calculated on the 3rd business day after settlement. For example, where an eligible member takes out a new standard home loan with St.George and borrows $500,000 and places $100,000 into an offset account within 3 days of drawdown, they will receive a cashback of $1,200 (0.30% of $400,000). For standard home loans with a construction or progress payment option, the cashback benefit amount will be the amount equal to 0.30% of the credit limit. The cashback benefit will be paid within 60 days of settlement into the eligible member’s St.George transaction account. The transaction account must be linked to the eligible member’s home loan account and all home loan repayments are to be direct debited from that transaction account. Eligible members are only entitled to one cashback benefit payment during the term of this offer irrespective of the number of new home loans approved by St.George for that eligible member. The cashback benefit will only be paid on home loans that are utilised for residential purposes. The cashback benefit will not be paid where the new home loan is a refinance of a Westpac, St.George, Bank of Melbourne, BankSA or RAMS home loan except where the eligible member borrows an additional amount. The cashback benefit will then be calculated on the additional amount borrowed. For example, where the applicant has an existing home loan of $400,000 with Westpac and decides to refinance it to St.George and borrows an additional $100,000 (so the applicant’s total borrowings are increased to $500,000), the applicant will receive a cashback of $300, being 0.30% of the additional amount borrowed. The cashback benefit will not be paid where the new home loan has been financed through a mortgage broker. The cashback benefit offer commences 1 October 2019 and is only available until 31 July 2020. The offer may be varied or withdrawn at any time. The cashback benefit is not available on Portfolio Loans or Relocation Loans. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters. Fees, charges and terms and conditions apply on all home loans. Loan approval subject to an assessment of the eligible member’s objectives and financial circumstances and St.George credit criteria.
^$2000 Refinance Cashback: For new refinance applications received between 1 April 2020 to 31 July 2020 and settle by 31 July 2020. Offer available on the Advantage Package and Basic Home Loans for Owner Occupier with Principal and Interest repayments and Residential Investment Loans. Offer current as at 1 April 2020. Offer may be varied or withdrawn at any time. $250k min loan per property refinanced. Only 1 cashback per property refinance will be paid regardless of the number of loans involved.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 or 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.
© 2020 Credit provided by St.George Bank -A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. The Westpac Group, 275 Kent Street, Sydney, NSW 2000, AUSTRALIA