Bank of QLD Home Loans

From 8 September 2023 Bank of Queensland ('BOQ') is offering a $2,000 cashback to eligible customers who are refinancing to a new home loan BOQ.

Minimum lending of $250,000 and with maximum LVR of 80%.

• Personal customers taking out a new home loan with BOQ.
• The purpose of the loan must be to refinance a loan to BOQ from another financial institution. This excludes refinances from BOQ Specialist, ME Bank and Virgin Money (Australia).
• Lending must be flagged with refinance purpose on the loan application.
• Loans must settle within 120 days of the loan application date.
• Minimum total lending of at least $250,000 with maximum LVR of 80%.
• An applicant will be eligible for a maximum of one refinance cashback payment, regardless of the number ofloan applications they are party to.
• Customers who have ever received a similar cashback payment from BOQ will be ineligible for these offers.

Customers will automatically be paid the cashback, provided the eligibility criteria outlined above has been met. Customers will be required to have an existing BOQ transaction account or open a BOQ transaction account thatthe cashback will be paid to within 30 days of the loan settlement.

$2,000 cashback offer only available for new refinance applications received from 8 September 2023 and that settle within 120 days of the loan application date. This offer is open to Australian residents aged 18 and over who are personal customers taking out a new home loan with BOQ, refinanced from another financial institution. Offer available on BOQ's Clear Path, Economy, or Fixed Rate home loan products only. Minimum total new lending of at least $250,000. Maximum loan-to-value ratio (LVR) of 80%. Not available for the refinance, restructure or switches of home loans within BOQ Group, which includes BOQ, BOQ Specialist, ME Bank and Virgin Money (Australia). An applicant will be eligible for a maximum of one refinance cashback payment, regardless of the number of loan applications they are party to, provided the total amount drawn at settlement across all loans is at least $250,000. Customers who have ever received a similar refinance cashback payment from BOQ will be ineligible for this offer. The cashback will be paid to the applicant's BOQ transaction account within 30 days of the settlement date. For multiple home loan applicants the BOQ account needs to be in the name of at least one of the home loan applicants and the cashback will be paid only once to the applicants jointly. If you do not already have one, an eligible BOQ transaction account is required to be established. Offer current as at 1 December 2022. This offer can be amended and/or withdrawn by BOQ at any time without notice. Applicants should seek their own tax advice in relation to the receipt of a cashback on settlement. Fees and charges payable. BOQ's standard credit assessment criteria apply. Full home loan terms and conditions are available at any BOQ branch.