Non-major announces $1,000 cash back offer

by Julia Corderoy19 Jan 2015
ME Bank has announced a $1,000 cash back offer for brokers' clients. The offer applies to new home loan applications when refinancing from another financial institution.

The $1,000 cash back offer will be available on any ME Bank refinance application submitted by the 28 February 2015 and settled before the 31 May 2015. Customers will be paid $1,000 within 30 days after settlement. The offer excludes top ups, refinances of existing ME Bank home loans or brand new home loans.

This cash back offer comes on the heels of the non-major lender announcing last week that it has slashed its five-year fixed home loan rate by 25 basis points to 4.69%.