CBA interest rate decision

Following the Reserve Bank of Australia’s (RBA) decision to increase the official cash rate by 0.25% per annum (p.a.), CBA will increase home loan variable interest rates by 0.25% p.a.

All home loan variable rate changes announced today will be effective 13 February 2026.

Commenting on the changes, Angus Sullivan, CBA’s Group Executive, Retail Banking, said: “We know that interest rate changes can create additional pressure for our home loan customers, which is why we’re focused on providing support and helping them stay in control of their finances.”

Customers can access a range of tools and support, including through the CommBank app, by speaking with a lending specialist, or by using tools such as the digital home loan repayment calculator to explore options.

Quick tips to help manage your finances:

1. Estimate how much your home loan repayments may change via the Home Loan Repayments Calculator.
2. Eligible customers can align their home loan repayments to when and how often they are paid via the Home Loan repayment change tool. 
3. Make the most of an offset account. An offset account is a transaction account linked to your eligible Standard Variable Rate, Simple Home Loan and Digi Home Loan that can help you pay less interest over time. For customers looking to maximise the benefits of offsetting, up to 99 Everyday Offset accounts can be linked to a CommBank Standard Variable Rate home loan. A $10 Offset Feature fee applies to link up to two Everyday Offset accounts to a CommBank Simple Home Loan, or one Everyday Offset account to a CommBank Digi Home Loan.
4. Use our suite of budgeting tools to help manage your finances, including Money Plan in the CommBank app, which helps you to track your spending, stay on top of bills and set goals.
5. Use Spend Tracker in the CommBank app to help categorise your debit and credit card transactions, making it easier to see the impact your spending decisions have on your everyday finances.
6. Use Category Budgets to set weekly, fortnightly or monthly budgets for different categories of your spending – from entertainment to transport, eating out and shopping. You can see how your spend compares to the budget you set yourself, to help you stay on track.
7. Visit our Cost of Living Support Hub to view a myriad of tools, tips and guidance all designed to help you navigate current cost of living pressures.
8. Through Benefits Finder in the CommBank app and NetBank, you can find benefits, rebates and concessions you might be entitled to. The extra money claimed could help you save money or pay for everyday expenses.
9. If additional assistance is needed, customers can message us at any time in the CommBank app to be connected with our Financial Assistance Solutions Team.

Things you should know: 

Media releases are prepared without considering an individual reader’s objectives, financial situation or needs. Readers should consider the appropriateness to their circumstances. Visit Important Information to access Product Disclosure Statements or Terms and Conditions, which are currently available electronically for products of the Commonwealth Bank Group, along with the relevant Financial Services Guide. Target Market Determinations are available here. Loan applications are subject to credit approval. Interest rates are correct at the time they are published and are subject to change. Fees and charges may apply.