• Since September 2020, eligible customers have been rewarded with a $2,000 cash bonus when refinancing a loan of $250,000 or more to NAB.
• We’re pleased to announce that the $2,000 Refinance Cash Bonus offer has been extended to include eligible loans drawn down until withdrawn.
• A reminder that the offer is only available once per customer within the offer period and that customers must have a NAB transaction account open at drawdown in order to receive the cash bonus
• NAB is pleased to announce that our $2,000 Home Loan Refinance Cash Bonus (Cash Bonus) has been extended.
• To be eligible for the Cash Bonus, customers need to refinance and drawdown a loan of $250,000 or more from another financial institution to NAB and hold a NAB transaction account at the time of drawdown.
• This means even more eligible customers will receive $2,000 cash when they refinance a home loan from another financial institution to NAB during the offer period.
• The offer is available to applicants who are owner-occupiers or investors and excludes the refinance of First Home Loan Deposit Scheme loans, non-residents, businesses, trusts and other non-natural persons.

This offer is only available once per customer during the offer period starting 7 September 2020. If a customer refinances more than one loan or has previously received the Cash Bonus they will only receive the Cash Bonus once.

The payment will be made within 90 days of drawdown.

Eligibility criteria

• The offer is available on all NAB Home Loan products excluding lines of credit, the NAB Portfolio Facility, the NAB Private Portfolio Facility and loans for building and construction purposes (construction BICOE loans).
• The offer is available to individual applicants who are owner-occupiers or investors and excludes First Home Loan Deposit Scheme loans, non-residents, businesses, trusts and other non-natural persons.
• The offer is only available on refinances from another financial institution (excluding NAB, UBank, Med fin or Advantage home loans) and is not available for refinances into UBank, Med fin or Advantage home loans.
• The offer is only available once per customer within the Offer Period. If a customer refinances more than one loan, they will only receive the Cash Bonus once.
• Where there is more than one borrower, the Cash Bonus is payable only to the primary borrower. If any of the borrowers have received the Cash Bonus in the Offer Period, no further Cash Bonus will be payable on any future refinance where that individual is a borrower.
• The primary applicant must have a NAB transaction account open at the time of drawdown to receive payment of the Cash Bonus and this will be paid automatically within 90 days of drawdown.

Important information

• Any other product offers from NAB (including the Base Variable Rate Application Fee Waiver or Credit Card offers that are made by NAB from time to time) are independent from this NAB Home Loan Refinance Cash Bonus offer and customers can benefit from multiple NAB offers (subject to the eligibility criteria and terms and conditions of those other offers).
• A variation of an existing NAB Home Loan with no new lending over $250,000 which results in a new account number does not qualify as an eligible refinance for the purposes of the Cash Bonus.
• Terms, conditions, fees, charges, eligibility criteria and lending criteria apply for all NAB products (available on request).

NAB may vary or withdraw this Cash Bonus offer at any time without notice.