Rates Announcement - 19 March 2026

Following the Reserve Bank of Australia’s (RBA) March 2026 decision to increase the official cash rate by 0.25% p.a., we will be updating interest rates across our Home Loans, Savings Accounts and Term Deposits. Here’s a summary of what’s changing and when these updates take effect.

What’s changing?

Savings Accounts

We will increase some of our interest rates on the following products;

U30 SUPER CHARGE interest rates will increase by 0.25% p.a. to 5.00% p.a. effective from March 20, 2026
The Savings Plus interest rates will increase effective from March 20, 2026, with changes applying as follows:
- Tier 2 balances between $50,000 and $99,999 will increase by 0.25% p.a. from 1.25% p.a. to 1.50% p.a.
- Tier 3 balances between $100,000 and $249,999 will increase by 0.25% p.a. from 4.00% p.a. to 4.25% p.a.
Bonus Saver (Bonus Rate only) will increase by 0.25% p.a. to 4.25% p.a. effective from April 1, 2026.

The rates for each balance tier apply to the entire account balance, up to the limits stated.

Term Deposits*

Effective March 20, 2026, Term Deposit rates will increase as follows:

3 months: increasing from 4.15% p.a. to 4.30% p.a.
4 months: increasing from 4.00% p.a. to 4.30% p.a.
5 months: increasing from 4.00% p.a. to 4.30% p.a.
6 months: increasing from 4.20% p.a. to 4.65% p.a.
7 months: increasing from 4.00% p.a. to 4.65% p.a.
9 months: increasing from 4.55% p.a. to 4.85% p.a.
12 months: increasing from 4.50% p.a. to 4.70% p.a.
24 months: increasing from 4.40% p.a. to 4.60% p.a.
36 months: increasing from 4.00% p.a. to 4.20% p.a.
48 months: increasing from 3.60% p.a. to 4.20% p.a.
60 months: increasing from 3.50% p.a. to 4.20% p.a.

*Rates may differ slightly depending on interest payment frequency.

Home Loans

Fixed Rate Home Loans (including Owner Occupier, Investor, Principal & Interest and Interest Only loans)

Effective March 20, 2026, interest rates for new fixed home loans will increase across all fixed terms and all LVR tiers.

Variable Rate Home Loans

For existing borrowers: Effective March 27, 2026, interest rates for existing variable rate home loans will increase by 0.25% p.a.
For new borrowers: Effective March 27, 2026, interest rates for new variable rate home loans — including Goldrate, Police Value, Customs Value, First, and Essential Workers home loans (Owner Occupied and Investment) — will increase by 0.25% p.a., reflecting the RBA increase.

Information and interest rates are current as at the date of publication and are subject to change.

For more information on changes to our interest rates, and relevant comparison rates, visit our Interest Rates page.

Terms and conditions, lending and eligibility criteria apply and are available here.

Rates Announcement – 19 March 2026