In a bid to enhance its competitive position within the mortgage market, Westpac has announced a cash-back promotion as part of its spring campaign.
Effective from today, the major lender will offer $1,000 credit into a Westpac Choice account on new Premier Advantage Package home loans over $250,000 until the end of October.
This offer builds on Westpac’s existing spring home loan celebration package meaning that for a limited time, Westpac customers can enjoy a package of incentives on new home loans under our home loan package including a discount of up to 0.8 per cent p.a. off the variable rate home loan, and a 20 per cent discount on the first year of their home and contents insurance.
To qualify for the $1,000 cash back, customers must set up their home loan repayments by direct debit from their Westpac Choice banking account before the end of October and settle their loan by the end of January 2012.