From early April eligible home loan or personal loan products will be available for redraw in the MyState Bank Mobile Banking App and Internet Banking.
You can only redraw from eligible home and personal loan products directly into your MyState Bank transaction account. Keep in mind when making a redraw that you’ll still need to have enough money left to cover your next monthly repayment and that the minimum redraw amount is $500.
If you’re unsure if your loan is eligible for redraw, or would like more information about redraw get in touch with the Customer Care team on 138 001 or visit your closest branch. There are conditions around redraw