Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Can I switch mortgage providers after 18 months after receiving a 2% cashback

  • 16-05-2018 11:30am
    #1
    gazzer
    Registered Users, Registered Users 2 Posts: 4,050 ✭✭✭


    Back in December 2016 my partner and myself switched mortgage providers to get a better rate. We also received a 2% cashback bonus for switching.

    I was comparing mortgage rates this week and there are a few banks offering a better mortgage rate which would decrease our monthly repayments by €80. I'm just wondering if there are terms and conditions with switching to another bank after receiving a bonus cashback? I checked the terms and conditions of the offer but I cant see anything about paying back the bonus if you switch mortgages in a certain time period.

    Has anybody swtiched their mortgage to different banks over the last couple of years?

    Thanks.


Comments

  • #2
    Browney7
    Registered Users, Registered Users 2 Posts: 3,100 ✭✭✭Browney7


    gazzer wrote: »
    Back in December 2016 my partner and myself switched mortgage providers to get a better rate. We also received a 2% cashback bonus for switching.

    I was comparing mortgage rates this week and there are a few banks offering a better mortgage rate which would decrease our monthly repayments by €80. I'm just wondering if there are terms and conditions with switching to another bank after receiving a bonus cashback? I checked the terms and conditions of the offer but I cant see anything about paying back the bonus if you switch mortgages in a certain time period.

    Has anybody swtiched their mortgage to different banks over the last couple of years?

    Thanks.

    No claw back - switch away. BOI will give you 2% cash back and another 1% after five years.


  • #3
    gazzer
    Registered Users, Registered Users 2 Posts: 4,050 ✭✭✭gazzer


    Browney7 wrote: »
    No claw back - switch away. BOI will give you 2% cash back and another 1% after five years.

    Thats great. Thanks for the reply. Appreciate it.


Advertisement