Key information & dates

30 May 2025
Interest rates on our variable rate home loans will reduce by 0.25% p.a., effective 30 May 2025. This is the day from which your new interest rate applies to your home loan.
31 May 2025
On this date, you can check your new interest rate and, if eligible, lower your direct debit repayment amount in the CommBank app and NetBank.

What are the rate changes?

The reference rates listed below are our variable interest rates before any discounts have been applied, such as Wealth Package discounts or personalised rates tailored at application submission.

Owner Occupier

Product name
Current Principal & Interest Reference Rate^
Reference Rate effective from 30 May 2025^
Current Interest Only Reference Rate^
Reference Rate effective from 30 May 2025^
Standard Variable Rate
8.55% p.a.
8.30% p.a.
9.04% p.a.
8.79% p.a.
Digi Home Loan
8.55% p.a.
8.30% p.a.
9.04% p.a.
8.79% p.a.
Simple Home Loan
8.55% p.a.
8.30% p.a.
9.04% p.a.
8.79% p.a.
Extra Home Loan
7.78% p.a.
7.53% p.a.
8.34% p.a.
8.09% p.a.
Economiser (Off sale)
8.09% p.a.
7.84% p.a.
8.58% p.a.
8.33% p.a.
No Fee (Off sale)
7.85% p.a.
7.60% p.a.
8.34% p.a.
8.09% p.a.
Viridian Line of Credit (Off sale)
N/A
N/A
10.03% p.a.
9.78% p.a.
Equity Unlock Loan for Seniors (Off sale)
N/A
N/A
9.45% p.a.
9.20% p.a.

Investment

Product name
Current Principal & Interest Reference Rate^
Reference Rate effective from 30 May 2025^
Current Interest Only Reference Rate^
Reference Rate effective from 30 May 2025^
Standard Variable Rate
9.13% p.a.
8.88% p.a.
9.39% p.a.
9.14% p.a.
Digi Home Loan
9.13% p.a.
8.88% p.a.
9.39% p.a.
9.14% p.a.
Simple Home Loan
9.13% p.a.
8.88% p.a.
9.39% p.a.
9.14% p.a.
Extra Home Loan
8.13% p.a.
7.88% p.a.
8.69% p.a.
8.44% p.a.
Economiser (Off sale)
8.67% p.a.
8.42% p.a.
8.93% p.a.
8.68% p.a.
No Fee (Off sale)
8.43% p.a.
8.18% p.a.
8.69% p.a.
8.44% p.a.
Viridian Line of Credit (Off sale)
N/A
N/A
10.03% p.a.
9.78% p.a.

Savings accounts & Term Deposits

  • We are currently reviewing the interest rates for savings products.

    You can log on to the CommBank app or NetBank to see the current interest rate for your Savings account or Term Deposit. Or alternatively, you can go to our account pages below to see the most up-to-date rates. 

  • How to check your interest rate

    You can check the interest rate for your savings accounts in the CommBank app or NetBank

    For the CommBank app:

    1. Log on and go to 'Accounts'
    2. Select your savings account
    3. Tap on 'Manage', then 'Rates'.

Contact us

Things you should know

  • ^ The reference rate is our variable interest rate before any discounts. Your current interest rate can be found in NetBank and the CommBank app.

    Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945.