Home Loans: We've decided to cut all variable Home Loan and new fixed home loan rates by 0.25% p.a. The change will be effective from 24 March 2020 helping to reduce the pressure of household expenses.
Will my repayments automatically drop? Yes if you are making the minimum required monthly repayments, you will see an automatic decrease in your direct debit repayment. However, if you have a set amount above the minimum your repayment will not change. If you would like to update your repayment please contact us.
Savings Accounts: We’ve made the tough decision to lower interest rates on our Active Saver, Easy Saver and Kids Saver deposit accounts by 0.25% effective from 24 March 2020.
Despite the interest rate change we’re confident our award-winning deposit accounts remain competitive. While you continue to focus on saving for that renovation, overseas trip or car, we will continue to focus on delivering you the convenient, flexible, personalised support we promised.
A good bank is run to benefit its customers, so we aim to always offer competitive rates and award-winning products with great service for all of our customers, existing and new. If you’d like to talk to us about how the change affects you please contact us