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Changes to savings account interest rate

Savings interest rate decreasing on certain products

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We’re decreasing the interest rate on our savings products by up to 0.25% p.a., effective 10 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 May meeting but 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

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