2% Cashback at Drawdown FAQs

• Do I need to have an Explore Account to get the 2% cashback at drawdown offer?
• Can I pay my mortgage from a non-PTSB account?
• Who is the 2% cashback at drawdown offer available to?
• Who doesn’t qualify for the 2% cashback at drawdown offer?
• When is the offer available until?
• Is the offer available on fixed rate and variable rate mortgages?
• When will the 2% cashback be paid?
• Is there a limit to the 2% cashback at drawdown?

Do I need to have an Explore Account to get the 2% cashback at drawdown offer?

No. A PTSB Explore Current Account, or any other type of PTSB account, is not required to avail of the 2% cashback at drawdown offer.
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Can I pay my mortgage from a non-PTSB account?

Yes. You can repay your mortgage from a non-PTSB current account and still get the 2% cashback at drawdown offer.
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Who is the 2% cashback at drawdown offer available to?

• First time buyers
• Movers
• Self-build customers
• Customers switching their mortgage to PTSB
• Equity release or home improvement mortgage loans

2% cashback at drawdown will be paid on the amount of the mortgage advanced. Excludes 4 Year Fixed Home Loan New Business Rates, tracker, buy-to-let, negative equity and applicants refinancing an existing PTSB Mortgage.
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Who doesn’t qualify for the 2% cashback at drawdown offer?

• Tracker portability or negative equity customers 
• Buy-to-let customers
• Applicants refinancing an existing PTSB mortgage.
• 4 Year Fixed Home Loan New Business Rates

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When is the offer available until?

The offer is available for customers who receive their full mortgage Letter of Approval on or before 30 September 2025.
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Is the offer available on fixed rate and variable rate mortgages?

Yes. The 2% cashback at drawdown is available on both fixed rate and variable rate mortgages. Excludes 4 Year Fixed Home Loan New Business Rates, tracker, buy-to-let, negative equity and applicants refinancing an existing PTSB Mortgage.
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When will the 2% cashback be paid?

The cashback will be paid into your mortgage paying account within 40 working days of the mortgage being drawn down. 
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Is there a limit to the 2% cashback at drawdown?

There’s no limit to the amount of cashback which you can receive.
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