Our home loan cashback offers
Refinance to Heritage
If you’d like to refinance your owner occupied or investment home loan to Heritage, now is a great time.
Apply to refinance your eligible home loan to Heritage before 31 May and settle before 31 July 2022.
You could qualify for:
- $4,000 Cashback if you take out a home loan of $700,000 or more with an LVR of 80% or less; or
- $3,000 Cashback if you take out a home loan of $500,000 - $699,999 with an LVR of 80% or less.
ⓘ View FAQs and further eligibility details
ⓘ What is LVR?
Take out a new home loan with Lenders' Mortgage Insurance
Whether you're buying your first home, next home or an investment property, if your LVR is over 80% you will need Lenders' Mortgage Insurance (LMI). Apply for an eligible home loan with LMI before 31 May and settle before 31 July 2022.
You could qualify for:
- $4,000 Cashback if you take out a home loan of $700,000 or more with LMI; or
- $3,000 Cashback if you take out a home loan of $500,000 - $699,999 with LMI.
ⓘ View FAQs and further eligibility details
ⓘ What is LMI?
Why Heritage?
Heritage is one of Australia's largest customer-owned banks. This means we're owned by our customers (like you!), not shareholders. So, instead of pursuing massive profits, our focus is on putting People First.
We know that helping our customers reach their financial dreams is not just about great products and competitive rates, it's about their entire banking experience. When you choose Heritage you'll be supported with award-winning customer service from our branches in Queensland and NSW. Plus, our Contact Centre has a team available 24/7 for all your banking needs.
Ready to get started?
What makes our home loans better?
Flexible repayment options
Unlimited additional repayments and online redraw available
Family Guarantee
Your family members can use the equity in their own home to provide additional security for part of your loan amount
People first service
People first service and commitment to our customer-owned values
What is an eligible home loan?
An eligible home loan is an owner occupied or investment home loan of $500,000 or more which meets the following criteria:
a. The product taken out is one of the following Heritage home loans:
> Discount Variable;
> Standard Variable (including Home Advantage Package eligible loans);
> Fixed Rate (including Home Advantage Package eligible loans); and
b. The home loan is either for:
> A refinance from another lender with a maximum Loan to Valuation Ratio (LVR) of 80%; or
> A new home loan that requires Lender Mortgage Insurance (LMI) with a minimum LVR of 80%.
You'll also need to hold either a Simply Access or a Mortgage Crusher account to receive the Cashback.
What are the exclusions?
The offer excludes:
- Internal refinances, switches and re-fixes of existing Heritage home loans; and
- Home loans that are paid out or closed before the cashback payment; and
- Bridging Loans, Line of Credit and Business Loans.
How do I open a Heritage transaction account?
What are the terms & conditions for the promotion?
When is the Cashback offer available?
You must apply for an eligible home loan between 1 April 2022 and 31 May 2022 and settle on or before 31 July 2022.
How and when will the Cashback payments be paid?
- Heritage will pay the Cashback into a Simply Access or Mortgage Crusher Account held under the same membership as the loan application.
- The Cashback payment will be made as one (1) total payment, within 60 days of settlement of the eligible home loan. The payment will appear on your statement as either "Refi Cashback Offer" or "LMI Cashback Offer";
- Payments will not be made to another financial institution or other Heritage Bank accounts other than as outlined in the Terms and Conditions;