Lender rebates diminishing quickly
4/9/2023
The number of lenders offering refinance cashback offers (or rebates) is diminishing rapidly, according to the latest research. Up until recently, multiple banks were offering cashback rebates of up to $4,000.
In May earlier this year, no less than 29 lenders were offering cashback incentives – but in just the last two months alone, many of these have stopped. This includes three out of the big four in NAB, Commonwealth Bank, and Westpac. The overall number of lenders offering these rebates is now down to just four as of 1 September.
For the remaining handful of lenders who still have these offers available, there is no guarantee how long they will keep these refinance incentives open, so don't hesitate to call me now!
