Changes to savings account interest rate
Savings interest rate decreasing on certain products
Published on
We’re decreasing the interest rate on our savings products effective 13 June 2025.
Customers have been notified via email.
The decision to decrease interest rates is in response to the RBA decreasing the cash rate at its February and May meetings. We consider several factors including balancing the interests of both our borrowers and depositors and ensuring the Bank’s financial sustainability.
View our savings rates here