News

Tuesday 2nd March

Changes to interest rates on Deposits and Variable Home Loans

We have announced changes to interest rates on a range of deposit and variable rate home loan accounts, reflecting recent increases in market interest rates and wholesale funding costs. Click here to read the full press release.


The new interest rates will automatically be applied to your account on Friday 5th March 2010.

Home Loans

 

Old Rate % pa

New Rate % pa

Change

Complete Home Loan Variable Rate

6.61%

6.86%

+0.25%

Economiser (Base Variable Rate)

6.10%

6.35%

+0.25%

Viridian Line of Credit (Residential Equity Rate)

6.71%

6.96%

+0.25%

 

Savings accounts

The deposit interest rate on NetBank Saver Accounts will also increase by 0.25 per cent per annum.

 

Old Rate % pa

New Rate % pa

Change

NetBank Saver

3.75%*

4.00%*

+0.25%

* Open a new NetBank Saver and you'll receive an introductory variable rate of 5.50% p.a. (includes a bonus rate of 1.50% p.a.) until 31st July 2010 on balances of up to $5 million. Click here to see more Savings accounts rates

 

Got questions?

Our online FAQ tool helps you find the information you're looking for quickly and easily. Use
the following links to access account specific interest rate changes.