Avant Money cuts fixed mortgage rates and doubles cashback for borrowers
Reductions of up to 0.35% and a new high-value mortgage come as rivals raise rates
Wednesday 7 January 2026
Mortgage lender Avant Money has announced a series of changes to its mortgage offering, including cuts to fixed rates, an increase in cashback, and the launch of a new high-value mortgage product.
The lender has reduced fixed mortgage rates by up to 0.35 percentage points across its range. At the same time, cashback has been doubled to 2% for customers who choose a 3-, 4-, 5-, 7- or 10-year fixed rate mortgage. The enhanced cashback applies to mortgages that draw down between 1 January and the end of 2026.
Avant Money has also introduced a new High-Value Mortgage aimed at borrowers taking out larger loans. The product is available on all property types and is not restricted by Building Energy Rating requirements. For a borrower with a mortgage of €500,000, a loan-to-value of under 60%, and a 30-year term at a rate of 3.20%, annual repayments would be €660 lower than under the lender’s existing four-year fixed rate option.
The revised mortgage rates will apply to new mortgage drawdowns from 19 January 2026. Avant Money is part of the European banking group Bankinter and operates as a fully licensed bank in Ireland. The lender provides a range of financial products, including residential mortgages, personal loans and credit cards, and has more than 220,000 customers in the State.
The announcement comes at a time when some non-bank lenders have moved in the opposite direction, increasing fixed mortgage rates in recent days amid higher market funding costs and expectations of future European Central Bank rate movements.
