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The cashback is available on the following loans:
Apply by 31 December 2022 and have your loan funded by 31 March 2023. Minimum refinance amount $250,000. Not available for Bridging Loans. Limit of one $2,000 cashback per borrowing entity and per customer over a 12 month period.
With FASTRefi® we’ll save you time and manage the refinance steps on your behalf. You can refinance your eligible existing home loan to CommBank from another financial institution within days of us receiving your signed loan documents.
If your home loan isn’t eligible, or FASTRefi® is not for you, then you can choose our standard refinance option.
FASTRefi® involves borrowing additional buffer amounts to cover the estimated pay-out figure. Once the loan is settled, any surplus money will be refunded to you.
FASTRefi® is only available for eligible loans from selected financial institutions.
For more information read our FASTRefi® guide here.
Get an estimate of how much you may be able to borrow for a home loan and what your future repayments might be.
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* Offer available on eligible home loans funded on and from 1 January 2020 (except for Owner Occupied Interest Only home loans, which are eligible if funded on and from 7 April 2020), where at least $250,000 has been refinanced from a financial institution other than Commonwealth Bank or Bankwest. Viridian lines of credit may be eligible as part of a multiple loan facility application if the total minimum refinance amount of $250,000 or more is met. Limit of one $2,000 cashback per borrowing entity (e.g. individual, joint borrowers, company) and per customer over a 12 month period. Limit of one $2,000 cashback per joint application. Where one of the joint applicants has received a cashback in the last 12 months, that customer will not qualify for the offer. Where all applicants have received a cashback in the past 12 months, the joint loan will not be eligible for the cashback. This offer cannot be combined with a Wealth Package fee waiver. Cashback will be credited to a Commonwealth Bank transaction account linked to the loan or the borrower/s within 90 days of loan funding (this could be a joint account with an unrelated party). We reserve the right to terminate the offer at any time. Applications subject to credit approval. Fees and charges may be payable. Full terms and conditions will be included in our loan offer.
Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945. FASTRefi® is a registered trademark of First American Title Insurance Company of Australia Pty Limited ABN 64 075 279 908 trading as First Title. First American Title Insurance Company of Australia Pty Limited is not part of the Commonwealth Bank of Australia.