Every published NZ cashback, and the one no bank publishes
You already know the banks pay people to move their mortgages. What the ads never say is how much, how long the money ties you in for, and what gets clawed back if you leave early. Every figure below is read from each lender's own published material, and the blanks stay blank wherever a lender doesn't publish the answer.
Last checked against lender sources: 23 October 2026
Your numbers
A licensed adviser turns that range into a real number: they get your break fee quoted, and they make the ask in this week's market, not last November's.
We'll send these cashback options to your inbox, and a licensed adviser will be in touch to help you find the best cashback offer for you.
The advertised offers
A cashback is a payment with a leash. If you repay or move the loan early, the lender can ask for some or all of the money back, and the clawback period is how long that leash runs. The exact wording sits under "What the terms say" on each card — and every button on this page opens the same short form, right here on the page, so no click leads anywhere surprising.
Figures in the "on a loan" column are worked on a $500,000 example — put your own numbers in and this page reworks itself.
First home buyers
Your balance is under ANZ's published minimum, so the advertised offer doesn't apply at your numbers.
$5,000 for first home buyers on a new loan of $200,000 or more.
Conditional on staying with ANZ for at least three years. How it reduces over that time is not published.
First home buyers; loan drawn in full at settlement
Your balance is under ASB's published minimum, so the advertised offer doesn't apply at your numbers.
$5,000 for first home buyers, loan drawn in full at settlement. ASB may offer a reduced amount, at its discretion, to people who have owned before.
Refinance, repay or end the loan within 36 months — including a mortgagee sale — and a pro-rata portion is repayable, "as determined by ASB".
First home buyers; deposits from 5%
Your balance is under BNZ's published minimum, so the advertised offer doesn't apply at your numbers.
Minimum $5,000 for first home buyers on $250,000 or more, deposits from 5%. Parent-assisted lending over 25% of the loan is excluded.
Published steps: leave inside year one and 100% is repayable, year two 66%, year three 33%, then nothing. A mortgagee sale counts as leaving.
First home buyers; 20% equity and salary paid into Westpac
Your balance is under Westpac's published minimum, so the advertised offer doesn't apply at your numbers.
$5,000 or more for first home buyers on $250,000 or more. Needs 20% equity and your salary paid into a Westpac account.
Westpac does not publish its clawback period. We read the current Choices home loan terms and it is not in there either — it is in your loan agreement.
First home buyers; owner-occupied
Your balance is under Kiwibank's published minimum, so the advertised offer doesn't apply at your numbers.
$5,000 or more for first home buyers borrowing $250,000 or more for an owner-occupied home.
Four years — and it is a relationship condition, not just a loan one. Move your salary out or refinance inside the period and Kiwibank "may require you to repay some or all" of it.
First home buyers; 20% deposit, or 5% with Kāinga Ora
Your balance is under The Co-operative Bank's published minimum, so the advertised offer doesn't apply at your numbers.
1% of the loan, up to $15,000, for first home buyers over $250,000 with a 20% deposit — or 5% with a Kāinga Ora First Home Loan.
Repayable pro-rata by month across 36 months. Their own worked example: leave after 12 months and you repay two-thirds. Substantially repaying the loan inside 12 months can also trigger it.
First home buyers; extra $1,000s need SBS insurance and KiwiSaver
Your balance is under SBS Bank's published minimum, so the advertised offer doesn't apply at your numbers.
FirstHome Combo: $2,000 cash, plus $1,000 towards SBS house and contents insurance and $1,000 towards an SBS KiwiSaver account — each with its own conditions — plus a rate discount.
The $2,000 is repayable "based on the amount of time left" if the loan leaves inside four years. The two $1,000 payments have separate 12-month insurance and KiwiSaver conditions.
First home buyers; 20% equity, or Kāinga Ora
Your balance is under Unity's published minimum, so the advertised offer doesn't apply at your numbers.
1.25% of the loan, up to $15,000, for first home buyers from $250,000 with 20% equity — or with a Kāinga Ora First Home Loan.
The repayment period sits in the cash contribution terms, not on the offer page. Ask for it in writing before you draw down.
Your balance is under TSB's published minimum, so the advertised offer doesn't apply at your numbers.
No published cashback offer found on TSB’s material as at October 2026.
Nothing published to verify. Any negotiated cashback will carry its period in the loan agreement.
These advertised offers aren't your number; the negotiated one gets priced by an adviser.
Email me my resultsEvery offer on this page can be changed or withdrawn without notice, and every figure is conditional on the lender's criteria. A blank or "not published" cell means the lender's own material doesn't carry the answer — it is not a zero. The period that binds you is the one in your loan agreement, not the one on a card. Where a lender publishes its clawback method we show it; where it doesn't, we won't invent one.
Fair questions
You can, and the asking costs nothing. The catch is what comes back: your own bank answers with retention money — an offer priced to keep you rather than win you — and in the one comparison anyone has published, the retention offer was a quarter of what new lenders put up. One case isn't a market, but it's the only one in print, and it's cited on our cashback and clawback page. An adviser makes the same ask with every lender at once, knowing what the other banks are paying this week.
One licensed adviser gets them — not a list, and not a panel. Nothing on this page touches your bank or your credit file; three contact fields can't. We're a lead generation service, and the disclosure andprivacy policy in the footer spell out exactly what happens to your details.
We're paid by the adviser's side when business that starts here settles — never by you, and a form fill on its own pays us nothing. That's also why every figure on this page links to the lender's own published terms: you can check our reading against the source.
Nobody on this page will — we're not licensed to tell you what to do with any product listed here, so no sentence on it tries. The adviser's licence is the counterweight: they give you their disclosure information before any advice, their advice has to fit your situation rather than their commission, and if your current deal stands up, that's the answer you get.
The next step
You've seen every advertised offer and the negotiated range behind them. A licensed adviser checks the whole deal — the cashback and the rate together, and the rate moves more money than any cashback does. It works like this:
You never pay us anything — we're paid by the adviser's side when business settles, and if nothing settles, nobody pays. You're under no obligation at any point, and if the maths says your current deal already wins, that's the answer you get. The figures above were read on 23 October 2026, and lenders can change or withdraw them without notice.
Last step
Want a licensed adviser to look at what other lenders would offer?
One adviser gets in touch. No cost, and nothing changes unless you want it to.
The number no bank publishes
Every advertised cashback on this page is a first-home-buyer offer; no bank prints a number for switchers. Squirrel put the standard negotiated range at 0.80% to 0.90% of the loan — $4,000 to $4,500 on a $500,000 loan. Squirrel published that range on 26 November 2025, and it's the most recent figure any broker has put in print. The adviser deals in this week's number.
Two more numbers belong in the same sum. A move costs roughly $1,500 in legal work — the figure Kiwibank itself suggests using in the banks' own comparison calculator — and a break fee can apply if you leave mid-fix; only your bank can quote that one. A counter-offer from your own bank is a third thing again: it's retention money, priced to keep you rather than win you, and the one documented retention-versus-switch comparison sits on thecashback and clawback page.
How this page is put together
A comparison page can go stale, it can guess, and it can shade its numbers toward whoever pays it. This one is built against all three:
The mechanics of clawback itself — the steps, the pro-rata methods, the worked examples — live on the cashback and clawback page.
No bank publishes a number for switchers — every advertised offer on this page is a first-home-buyer offer. Squirrel put the standard negotiated range at 0.80% to 0.90% of the loan on 26 November 2025, which comes to $4,000–$4,500 on a $500,000 loan. That’s the most recent range any broker has put in print, and it’s negotiated, which means asked for. The adviser works from this week’s number.
You can, and nothing stops you. Your own bank answers that ask with retention money — an offer priced to keep you rather than win you — and the one documented retention-versus-switch comparison sits on our cashback and clawback page. Which route fits you is a question for the licensed adviser, not for this page.
Every advertised offer carries a clawback period, and leaving inside it lets the lender claw some or all of the money back. The period that binds you is the one in your loan agreement, not the one on a card. The full mechanics — the steps, the pro-rata methods, the worked examples — live on the cashback and clawback page.
A short form opens on this page with three fields: your first name, your mobile and your email. We email you these cashback options, and one licensed adviser gets your details, not a list — if you came from the calculator, your loan numbers travel with the form, so nothing gets asked twice. The adviser then gets in touch to help you find the offer that fits, and to book a time. You’re under no obligation at any point.
It costs you nothing at any point. We’re paid by the adviser’s side when business that starts here settles — never by you, and if nothing settles, nobody pays anything. The full version is on our disclosure page.
A ranking is an opinion about which offer suits you, and opinions about products belong to the licensed adviser, not to a comparison page. The cards run in the same order every time, and the adviser you’re matched with is the one who can say which offer, if any, fits your situation.
No. This page publishes lenders’ published offers and terms, plus arithmetic on figures you typed — advice is the licensed adviser’s job, and they give you their disclosure information before any of it.
You've seen every advertised offer and the clawback period on each. Press the button and these cashback options land in your inbox, with one licensed adviser in touch to help you find the one that fits — and you keep the answer either way.
Email me my results