Cash Back Offer

$1,000 up to $10,000 cash back with Reduce

$1,000 up to

$10,000 cash back

on purchases or refinances

Now you can have your cake and eat it, too

Receive $1,000 up to $10,000 cash back on purchases and refinances with Reduce Home Loans. We’re committed to helping you find the best home loan deal, ever!

Read on for our Cash Back Terms and Conditions

Cash Back loan options are here!

Cash Back Hero Home Loan

Available for purchase, refinance or construction purposes at a great variable rate.

  • Owner Occupier Home Loan
  • 100% offset available
  • Full, free redraw facility
  • Borrow up to 90% with LMI

Cash Back Hero Variable 

2.19%p.a. Variable Rate
2.24%p.a.* Comparison Rate

Get Cash Back on your investment loan

Investor Cash Back Hero

Settle your investment with confidence on a great rate and cash in your pocket.

  • Variable Rate Investment Loan
  • 100% offset available
  • Borrow up to 90% with LMI
  • Split loans available

Investor Cash Back Hero Variable

2.49%p.a. Variable Rate
2.54%p.a.* Comparison Rate

Reduce Home Loans Cash Bonus Offer

Receive up to $5,000^ cash bonus on purchases and refinances.

Multiple securities accepted to make up total loan amount.

$1,000 up to $2,000 Cash Back
Loan AmountCash Bonus
$250,000 - $499,999.99$1,000
$500,000 - $1,000,000$2,000
$3,000 up to $10,000 Cash Back
Loan AmountCash Bonus
$250,000 - $999,999.99$3,000
$1,000,000 - $1,999,999.99$5,000


The 2020 Reduce Home Loans Cash Bonus offer (Bonus Offer) is offered by Reduce Home Loans Pty Ltd (ABN 54 133 596 111) Australian Credit Licence 388053.

This offer is by Reduce Home Loans acting as Mortgage Manager but is not made on behalf of any credit provider.

You are taken to have agreed to these Bonus Offer terms and conditions if you participate in the scheme.

This Bonus Offer is subject to the following conditions:

  1. the first loan applications must be received by Reduce Home Loans between May 20 2020 and December 2021, for loans that are funded by January 21 2022;
  2. the loan amount* must be greater than $250,000 and the loan must have a loan to value ratio of no more than 90%;
  3. Commercial securities are not eligible to participate, the offer is only available for owner occupied, investment, interest only and construction home loans however: where an offset account applies the loan amount* is the difference between the drawn loan amount and the credit balance in the offset account, as at the end of the month the loan settled. Where a construction loans applies, the loan amount* is the total amounts drawn as at as at the end of the month the loan settled.
  4. you must be an individual Australian resident aged 18 years and over (individual SMSF trustee(s) are not eligible);
  5. the offer cannot be used in conjunction with any other cash bonus offer and there is only one bonus per eligible loan regardless of the number of borrowers or securities involved with the loan application;
  6. the offer excludes all refinances including switches and internal refinances of home loans with the MEzy Assets Pty Ltd Group or Adelaide Bank Ltd, Origin MMS or Well Nigh;
  7. Standard lending criteria, fees and charges apply and all loan applications are subject to the credit provider’s credit approval criteria and processes; and
  8. loan applications via brokers and other credit intermediaries are not eligible.

If the Bonus Offer conditions are satisfied, the following bonus entitlements apply:

$1,000 up to $2,000 Cash Back
Loan AmountCash Bonus
$250,000 - $499,999.99$1,000
$500,000 - $1,000,000$2,000
$3,000 up to $10,000 Cash Back
Loan AmountCash Bonus
$250,000 - $999,999.99$3,000
$1,000,000 - $1,999,999.99$5,000

The Bonus will be paid by Reduce Home Loans to the loan account in the name(s) of the borrower(s), within 30 days after the loan settlement date. The payment cannot be made to any other person(s) or account(s).

The Bonus Offer is a personal offer by Reduce Home Loans to the applicant(s), they cannot assign or transfer any right or entitlement to any other person(s).

Your loan must stay current for a minimum of 12 months after the loan settlement.

Applicant(s) need to obtain their own tax and accounting advice regarding the Bonus Payment.  Reduce Home Loans gives no representation regarding these matters.

The Bonus Offer is current as at 30 November 2021 and remains subject to change without notice, by publication on our website (  Reduce Home Loans may, at any time, withdraw or modify these terms and conditions.



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