Interest rate increase – Thursday 5 February: Following the RBA’s decision to change the official cash rate, interest rates for owner‑occupier and investor variable loans will increase by 0.25%, effective 19 February 2026. From 19 February 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.

PayIDs, BSBs & account numbers

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Real Time Payments
FAQs

Does PayID replace BSBs & account numbers?

No, PayID® is an alternative way to make and receive real-time payments to an account, so you don't have to remember your BSB and account number, but you can still use your BSB and account number if you prefer.

PayID is a registered trademark of NPP Australia Limited.

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