MortgageSaver Cashback

fifth

Hi,

Opened a BOI Mortgagesaver account back in november. My direct debits have been as follows

2nd December
2nd January
2nd February
2nd March
2nd April

Next one is due on 2nd May or thereabouts.
I don't have a BOI current account but have got mortgage approval from BOI as a first time buyer and expect to drawdown in May.

How and when am I eligible for the 2,000Eur mortgagesaver cashback? I don't want to withdraw the deposit until I'm sure i'm following the correct process.

I assume after the next payment goes into the account in may, I'll have 6 consecutive payments. Do the funds need to remain in the account any longer than that or can I proceed with my mortgage drawdown? Do I need to let the bank know or will this bonus be paid automatically?

Thanks.

Bank of Ireland: Megan

fifth wrote: »

Hi,

Opened a BOI Mortgagesaver account back in november. My direct debits have been as follows

2nd December
2nd January
2nd February
2nd March
2nd April

Next one is due on 2nd May or thereabouts.
I don't have a BOI current account but have got mortgage approval from BOI as a first time buyer and expect to drawdown in May.

How and when am I eligible for the 2,000Eur mortgagesaver cashback? I don't want to withdraw the deposit until I'm sure i'm following the correct process.

I assume after the next payment goes into the account in may, I'll have 6 consecutive payments. Do the funds need to remain in the account any longer than that or can I proceed with my mortgage drawdown? Do I need to let the bank know or will this bonus be paid automatically?

Thanks.

Good afternoon fifth

Thanks for getting in touch with us here on Boards.ie.

For all the information you need regarding the €2000 cashback offer, please see below link: 

https://personalbanking.bankofireland.com/save-and-invest/savings/regular-savings-accounts/mortgagesaver-account/exclusive-offer-for-first-time-buyers/

If you have any further queries on this, please contact our Mortgage Specialists on 016113333. One of my colleagues will be more than happy to discuss this with you. 

Have a lovely day and stay safe.

Thanks,
Megan

fifth

Hi, just had one other query on this. The mortgagesaver plus is available to BOI current account customers. As I am a PTSB customer, if I were to open a BOI current account before I drawdown, would I be eligible for the 1% cashback in 5 years (assuming I meet all other criteria)?

Bank of Ireland: Jennifer

fifth wrote: »

Hi, just had one other query on this. The mortgagesaver plus is available to BOI current account customers. As I am a PTSB customer, if I were to open a BOI current account before I drawdown, would I be eligible for the 1% cashback in 5 years (assuming I meet all other criteria)?

Hi there,

Thanks for getting back in touch with us here. Would you mind leaving this with us while we check this out with our mortgage team to ensure that we are providing you with the correct information.

Please be assured that as soon as I have an update on this I will come back to you here.

Thanks Jen 

Bank of Ireland: Jennifer

fifth wrote: »

Hi, just had one other query on this. The mortgagesaver plus is available to BOI current account customers. As I am a PTSB customer, if I were to open a BOI current account before I drawdown, would I be eligible for the 1% cashback in 5 years (assuming I meet all other criteria)?

Hi there,

Thanks for bearing with us. We have checked this out with the relevant team and to answer your question yes- if you open a bank of Ireland current account before drawdown you can qualify for the additional 1% Cashback in 5 years assuming that all other criteria is met.

I hope this helps.

Thanks Jen 

fifth

Thanks Jennifer!