We’re passing on in full the RBA’s (Reserve Bank of Australia) interest cut to variable home loans.
What’s changing?
Home Loans
We’re reducing all variable home loan interest rates by 0.25% p.a. effective from May 27, 2025
Savings Accounts
We are reducing some of our interest rates on the following products;
- U30 SUPER CHARGE interest rates will be decreasing by 0.25% p.a. to 4.75% p.a. effective from May 27, 2025
- Some Savings Plus tiers will be decreasing by 0.25% effective May 27, 2025
- Accounts with balances $50,000 to $99,999 will be 1.50% p.a.
- Accounts with balances $100,000 to $249,999 will be 4.00% p.a.
- Easy Access Overdraft will be decreasing by 0.25% to 13.85% p.a. effective from June 1, 2025
- Bonus Saver (Bonus Rate only) will be decreasing by 0.25% to 4.00% p.a. effective from June 1, 2025.
The rates for each balance tier apply to the entire account balance, up to the limits stated.