From Thursday 23rd November 2023, we’ll be changing our interest rates for both our lending and deposit products. 

The following rate changes will apply to our lending products:

  • The Variable Home Loan rates will increase by 0.35%p.a. across different products. 
  • Car Loan will increase by 0.35% p.a.

The following rate changes will apply to our deposits & savings products:

A 20-basis point increase will apply to the following accounts:

    • Cash Management Account
    • Qantas Points Saver
    • QSaver
    • DIY Super Saver (on bonus rate)
    • Bonus Saver (on bonus rate)

A 25-basis point increase will apply to for the following accounts:

    • Retirement Savings Account
    • Allocated Pension

Various increases will also apply to our Term Deposit rates, which will become effective Thursday 23rd November.

To find the most up-to-date interest rates, please visit the relevant product page. 

We’re here to support you 

Whilst maintaining a competitive position on our products and services is essential for the long-term sustainability of our bank and customers, we understand this can be an uncertain and challenging time for some. 

Our lending specialists are here to support you with any of your financial needs or questions. If you are experiencing financial hardship, we encourage you to contact our Financial Assistance Team. 

You can send us a Secure Mail via Online Banking or the Mobile App. 

Tools to help you manage your budget and finances 

To help you plan ahead and manage your finances, we have a range of support tools like repayment calculatorsfinancial literacy articles and more. 



Published Thursday, 23 November 2023