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Cash Back Plus

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  • 24-04-2018 11:23pm
    #1
    Registered Users Posts: 1,667 ✭✭✭


    Hi,

    I have a mortgage with BOI and I'm just wondering if I overpay on my mortgage during the first 5 years can I still get the 1% cash back after 5 years? This isn't very clear on website.


Comments

  • Closed Accounts Posts: 266 ✭✭Bank of Ireland: Jane


    Klonker wrote: »
    Hi,

    I have a mortgage with BOI and I'm just wondering if I overpay on my mortgage during the first 5 years can I still get the 1% cash back after 5 years? This isn't very clear on website.
    Hi there,

    thanks for your post.

    Please see here for more information on this offer and how to avail of it.

    If you require additional information, please call the Mortgage centre on 01-6113333. They're available Monday to Friday 9am to 5pm.

    Please let us know if we can help with anything else.

    Thanks again,
    Jane


  • Registered Users Posts: 1,667 ✭✭✭Klonker


    "The Loan originally drawn down less scheduled repayments must still be owing on the fifth anniversary of the draw down date" Can you just state if this means I can overpay or not? It should be a yes or a no, it shouldn't be a complicated question.


  • Closed Accounts Posts: 266 ✭✭Bank of Ireland: Jane


    Klonker wrote: »
    "The Loan originally drawn down less scheduled repayments must still be owing on the fifth anniversary of the draw down date"  Can you just state if this means I can overpay or not? It should be a yes or a no, it shouldn't be a complicated question.
    Hi there,

    thanks for coming back to us.

    We've just checked this with our Mortgage Specialists and they have come back to say, provided some of the Mortgage is still owing in 5 years a customer can qualify for the additional 1% cash back.

    We hope this helps,

    Thanks again,
    Jane.


  • Registered Users Posts: 1,667 ✭✭✭Klonker


    Thanks very much for the help Jane.


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