ME Bank

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August 31, 2021 

ME is pleased to announce an extension to our $3k cashback offer.

Recently ME has been offering eligible refinances a sweet $3000 cashback when they upgrade their loan to ME1.

Originally planned to end on Friday 27 August 2021, ME has decided to extend this offer to applications received up to Friday 29 October 2021.

Eligible refinancers must now apply between Monday 2 August 2021 and Friday 29 October 2021 (inclusive), settle by Friday 31 December 2021, and be borrowing $250k or more with an LVR of 80% or less to qualify.

We know there’s a couple of cashbacks out there, but ME’s got some tricks to help broker clients get ahead:

  • ME’s cashback is available per application, with no cap on the number of $3k’s one can pocket (so long as eligibility is met on each application),
  • ME’s cashback is for loan sizes as low as $250k,
  • Broker clients can reach the $250k mark using cash out!

You can read more about ME’s $3k cash back offer on our website here.

Cashback terms and conditions.
A $3,000 cash back offer is available on refinances of an existing home loan from another financial institution with a minimum new lending of $250,000. To be eligible for this offer, applications must be received between Monday 02 August 2021 and Friday 29 October 2021 (inclusive) and settled by Friday 31 December. Any eligible refinance applications received by ME between 10 April and 1 August (inclusive) will get the previously advertised $2,000 cashback offer. Not available for the refinance, restructure, switches or top ups of home loans from ME or from other lenders within the Bank of Queensland (BOQ) Group which includes BOQ, BOQ Specialist and Virgin Money (Australia). This offer is available to Owner Occupier and Investors on all ME home loan products, except construction loans and owner occupied loans with interest only repayments. A home loan application involving both a purchase and refinance are acceptable, provided all other eligibility criteria is satisfied. Loan to valuation ratio must be 80% or less. Only one $3,000 cash back can be received per qualifying home loan application.

The cash back amount will be paid within 60 days of loan settlement into the ME Everyday Transaction Account (ETA) held by the borrower first listed on the application. In the event the first listed borrower doesn’t hold an ETA, the cash back will be credited to the home loan it applies to. Terms, conditions, fees and charges apply. Applications are subject to credit approval. The offer can be withdrawn or varied at any time.