Amp $3k cashbank

Discussion in 'Loans & Mortgage Brokers' started by ChrisP73, 30th Aug, 2021.

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  1. ChrisP73

    ChrisP73 Well-Known Member

    Joined:
    5th Oct, 2018
    Posts:
    1,214
    Location:
    Brisbane
    For those that where considering an AMP loan already....3k cashback for September. Talk to your broker.

    Terms & conditions

    Special $3,000 cashback for a limited time (Offer) is only available for new refinance home loan applications received between 1 September 2021 and 30 September 2021 (inclusive) which settle by 22 December 2021.

    This Offer is open to Australian residents aged 18 and over who are refinancing an existing home loan they have with another lender to AMP Bank. Conditions, credit criteria, fees, charges, eligibility criteria and exclusions apply.

    This Offer is available on Professional Package, AMP First, Essential and Basic Home Loan products only. Min Loan amount $500k and LVR must be equal to or less than 80% (LMI may apply).

    This Offer is available for Owner Occupier with Principal & Interest repayments and Residential Investment Loans (Principal and Interest & Interest Only repayments).

    The Offer is not available for the refinance, restructure or switches of home loans within AMP Bank.

    Limit of one $3,000 cashback payment regardless of the number of applications, applicants, properties or loans involved. The $3,000 cashback cannot be used towards the serviceability of the home loan. The $3,000 cashback is not transferable.

    The $3,000 cashback must be paid into an AMP Bank offset account, AMP Bett3r or AMP Access account, and will be paid within 60 days of the settlement date. If you do not have an existing AMP Bank offset account, AMP Bett3r or AMP Access account, one must be opened before the date of settlement.

    For multiple home loan applicants, the AMP Bank account needs to be in the name of at least one of the home loan applicants, and the $3,000 cashback will be paid only once to the applicants jointly.

    The Offer is current as at 30 August 2021. This Offer may be varied, withdrawn or extended by AMP Bank at any time without notice. Applicants should seek their own tax advice in relation to the receipt of a cashback on settlement.
     
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  2. Tony Xia

    Tony Xia Structured Loan Advisor Business Member

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    23rd Aug, 2015
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    1,577
    Location:
    Bella Vista
    There's quite a few lenders rhats offering this.
     
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  3. ChrisP73

    ChrisP73 Well-Known Member

    Joined:
    5th Oct, 2018
    Posts:
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    Location:
    Brisbane
    See first sentence of my post!
     
  4. Lindsay_W

    Lindsay_W Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    5,065
    Location:
    QLD/Australia Wide
    Good rates and great product for active debt recycling too!
    Thanks @ChrisP73
     
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