Rates Announcement – 22 May 2025

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.