3% cashback querty

lomb

I drew down my mortgage in 2020 May and was given the 2%. As a first time buyer I was told if I kept to the terms of mortgage I would be given another 1% in 5 years if I kept to terms. Anyway Ive overpaid 10% to date of each payment and also paid another approximately 2.5% of the whole balance recently as an overpayment without informing the bank . Will this pass the test of the 1% free in 3 years? The reason I ask is Ive sent off to fix for 5 years after the initital 2 will be coming to an end in a month and I persume theres a cooling off period if they dont allow it and I might switch the mortgage to another provider as the fix hasnt happened. Id appreciate to find answer one way or another as the 1% is .2% discount off the rate if divided into the 5 years I planning on fixing for bringing to 2.8 and if the initital 2% is added it brings the rate to something like 2.55 which would be average. I suppose the danger is rates climb to 6%? Then I really am in trouble but hopefully this will not happen. Thanks

Bank of Ireland: Tara

https://www.boards.ie/discussion/2058241533/3-cashback-querty

Hi there,

Thanks for your post.

You can view the terms and conditions for the CashBack Plus offer here. If you need to check you have met these conditions you can contact our Mortgage Team on 01-6113333 who can check your account and confirm this for you.

Thanks

Tara