NAB · refinance cashback
10 other lenders are paying one, up to $4,000.
We read NAB’s refinance page on 11 October 2026 and it carries no cashback. If you’re weighing up NAB anyway, its 2-year fixed rate is 6.81%, and 15 of 21 lenders are cheaper.
Ask which lender would pay you to switchWho’d pay you to switch?ArthrOpens a chat with your question filled in; nothing is sent until you press send. The broker is 1st Street Pty Ltd, Credit Representative 490057 under Australian Credit Licence 389328.
All 10 lenders paying a cashback, with the minimum loan and the catch for each. Checked against NAB’s own page on 11 October 2026.
From the page we read, so you can check us.
NAB
“Tailored fixed rate. Fixed rate (2 years) 6.81% p.a. Comparison rate 7.28% p.a.”
A cashback is a one-off payment against a loan that runs for decades. On a $600,000 loan, a rate 0.20 percentage points above the best available costs about $1,200 a year, so a typical $2,000 cashback is spent inside 20 months and the dearer loan is yours for the rest of the term. Where NAB’s rates sit against every lender we track is on the rate monitor, and the refinance page does the sum for the balances people ask about.
What it does cover is the cost of leaving your current lender: a discharge fee, two titles office fees and NAB’s setup fee, together $700 to $1,500. The discharge pages have each lender’s form and fee, including NAB’s.
Who else is paying, as at 11 October 2026.
No cashback as at 11 October 2026: Bank of Melbourne, ING, Ubank, BankSA, Bendigo Bank, AMP Bank, Woolworths Team Bank.
No, not as at 11 October 2026. We read NAB's own refinance page and it carries no cashback. Its page says: "Tailored fixed rate. Fixed rate (2 years) 6.81% p.a. Comparison rate 7.28% p.a." Bank of Queensland ($2,000), ME Bank ($3,000), IMB Bank ($4,000), Greater Bank ($3,000), Newcastle Permanent ($3,000), Great Southern Bank ($3,000), Police Bank ($3,000), BankVic ($3,000), Beyond Bank ($2,000), Credit Union SA ($2,000) are paying.
Only if the rate behind it is competitive. On a $600,000 loan a rate 0.20 percentage points above the best available costs about $1,200 a year, so a $2,000 cashback is spent inside 20 months and the dearer loan is yours for the rest of the term. Use it to cover the switching costs on a rate that is already good, not to justify a rate that isn't.
IMB Bank pays up to $4,000, ME Bank pays up to $3,000, Greater Bank pays up to $3,000, Newcastle Permanent pays up to $3,000, Great Southern Bank pays up to $3,000, Police Bank pays up to $3,000, BankVic pays up to $3,000, Bank of Queensland pays $2,000, Beyond Bank pays $2,000, Credit Union SA pays $2,000, as at 11 October 2026. The full table is on the cashback page.
Checked against NAB’s own page on 11 October 2026. Offers are withdrawn and changed without notice; if something here doesn’t match what they’ve told you, theirs is right and we’d like to know. A cashback is a promotion, not credit advice.
A broker at 1st Street can tell you which of the 10 lenders paying one suits your loan, and what rate sits behind each offer.
Opens the chat with your question filled in. Nothing is sent until you press send. The broker is 1st Street Pty Ltd, Credit Representative 490057 under Australian Credit Licence 389328.
Arthr Pty Ltd provides marketing and lead-generation services only; credit assistance is provided by 1st Street Pty Ltd, Credit Representative 490057 under Australian Credit Licence 389328.