Cash Bonuses
Compare bank sign-up cash offers and key conditions in one place. Last updated: 17/05/2026
Rates can change without notice. Last verified: 17/05/2026 (AEST). Please confirm details on the bank’s official page.
Cash offers can be a quick win, but conditions matter. Always check the required actions, timeframes, and any fees so the bonus is truly worth it. We outline the key terms to help you decide faster.
| Bank | Offer | Amount | Key conditions | Ends | Verified | Action |
|---|---|---|---|---|---|---|
| IMB Bank | Up to $4,000 refinance cashback | — | $2,000 for loans $250k–$499k; $3,000 for $500k–$749k; $4,000 for $750k+. LVR ≤80%. Paid within 60 days of settlement. Loan must remain active 12 months. One cashback per borrower per 12-month period. Excludes refinances of existing IMB loans. | — | 2026-05-17 | |
| Greater Bank | Up to $3,000 cashback (refinance) | — | Online applications: $2,500 for $250k–$499k or $3,000 for ≥$500k. LVR ≤80%; online channel only; excludes Greater Bank/Newcastle Permanent refinances. Paid within 60 days of settlement. | — | 2026-05-17 | |
| Newcastle Permanent | Up to $3,000 cashback | — | Online applications only: $2,500 for $250k–$499k or $3,000 for ≥$500k. LVR ≤80%; excludes Greater Bank refinances. Paid within 60 days of settlement. One cashback per borrower per 12-month period. | — | 2026-05-17 | |
| ubank | $30 credit for you and your friend. | — | After 5 eligible card purchases within 30 days; see ubank page for full terms. | — | 2026-05-17 |
What to Check Before Chasing a Bonus
- Eligibility: New-to-bank status, residency, age, ID.
- Required actions: Minimum deposits, salary switch, card spend.
- Timeframes: How long conditions must be met and when the bonus pays.
- Fees & ongoing value: Ensure the account remains good value post-bonus.
- Tax considerations: Bonuses may be taxable; seek advice if unsure.
Who Might This Suit?
- Deal seekers: Comfortable meeting conditions to qualify for bonuses.
- New customers: Switching banks for better value and incentives.
- Active managers: Willing to track timelines and requirements.
In-Depth Reviews
- → IMB Bank cashback review — up to $4,000 refinance cashback
- → Greater Bank cashback review — up to $3,000 refinance cashback
- → Newcastle Permanent cashback review — up to $3,000 refinance cashback
- → ubank Refer a Friend review — $30 each for you and your friend
FAQs
What is a bank sign-up cash bonus?
Banks sometimes offer cash incentives to new customers who meet conditions like depositing a minimum amount, switching salary, or keeping the account open for a set period.
What should I check before applying?
Eligibility, required actions, timelines, fees, and whether you’re considered a ‘new customer’. We summarise key terms so you can compare quickly.
Do cash bonuses affect tax?
Cash bonuses may be taxable. Consider your circumstances and seek advice if unsure.
Information is general in nature and may change without notice. Check eligibility, conditions and fees on the bank’s website before applying.